A WORD FROM THE CEO

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The last couple of years’ work implementing our new business plan, which included changing business model, has paid off in a steady growth with increasing profitability in 2016.

Our new organisation with very experienced and know-how based sales/engineers staff is now ready to take business to the next level. Established partnerships with the leading distributors/hire plants in the construction industry, together with our own activities, are now the main sales channels in Sweden and Norway.

The new strategic partnership with Fischer Group as our main supplier of most fixings and fasteners is developing by the month and has recently been extended to also include systems for installation, fire protection and façade. With our own Ergofast, MAX, and Fischer range, we offer topclass premium products targeting the professional construction industry.

Bengt Rolén, CEO

IMPORTANT EVENTS IN 2016

FAIRFORD´S VIEW

Fairford has for many years had an exposure towards the construction industry and we believe that it makes sense to maintain this exposure in our portfolio. The construction industry is cyclical in its nature but it is a market which is here to stay for the long term and that makes Fairford and our investment horizon a suitable owner.

Ergofast’s business in specific is fundamentally based on making its clients’ operations more efficient, ergonomic and safe which are trends that are strengthening in the market and attributes that we easily can relate to as owners of the company. In Ergofast we see our platform to broaden our interests in specific niches of the construction industry.

 

Revenue, EBITDA

EBITDA graph

Equity Ratio, ROCE

Equity Ratio, ROCE graph