Starting 1 January 2015 the Indutrade Group will be organised in six business
areas, instead of five at present. The change entails that companies with
operations in measurement technology in the Special Products business area will
be broken away to form a new business area, called Measurement & Sensor
Technology. The aim of the sixth business area is to strengthen this technology
cluster and management function within Indutrade.
The president of the new Measurement & Sensor Technology business area will be
Patrik Stolpe, who began his employment on 1 December 2014. Patrik Stolpe joined
Indutrade most recently from a position as Global Segment Manager Monitor &
Control at Xylem. Prior to this he served in leading positions at Lorentzen &
Wettre.
The changes will be reflected in the Group’s external reporting starting with
the interim report for the period 1 January–31 March 2015.
Preliminary financial key ratios for the new business area structure, based on
the outcome for the full year 2013 and third quarter of 2014, are presented in
an appendix.
In connection with the year-end report, which will be published on 16 February
2015, definitive key ratios for the new organisation will be presented.
Stockholm, 5 December 2014
INDUTRADE AB (publ)
For further information, please contact: Johnny Alvarsson, President and CEO: 46
70 589 17 95
About Indutrade
Indutrade markets and sells components, systems and services with a high-tech
content within selected niches. Indutrade's business is distinguished by
- high-tech products for recurring needs
- growth through a structured and tried-and tested acquisition strategy
- a decentralised organisation characterised by an entrepreneurial spirit.
The Group is organised into five business areas: Engineering & Equipment, Flow
Technology, Fluids & Mechanical Solutions, Industrial Components and Special
Products. Indutrade's sales totalled SEK 8,831 million in 2013, generating
operating income of SEK 990 million before depreciation of intangible assets.
Indutrade is listed on the Nasdaq OMX Stockholm.
