Inwido’s Capital Markets Day: A stable business, well

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Nov 26, 2015 at 6:15 AM

Inwido’s Capital Markets Day: A stable business, well positioned for continued profitable growth

Today, Inwido hosts its first capital markets day. The framework for the day is based on the Company’s four strategic pillars; capitalizing on strong Nordic position, organic and acquisition-based growth in Europe, develop new products for the smart home and improve cost efficiency and flexibility in the supply chain. Inwido also reiterates its financial targets. “Maintaining and further strengthening our position in the Nordics as well as having a systematic approach to M&A is at the core of our strategy. Our ambition is to create value through selected acquisitions in Europe and by extracting synergies. Being the industry leader in innovation is central to maintaining our strong market positions. Furthermore, initiatives to improve cost efficiency and flexibility will continue to have a positive impact on margins and bring us closer to achieving our financial targets”, says Inwido’s CEO, Håkan Jeppsson. The fragmented European windows and doors market is characterized by a high degree of made to measure, local preferences, demanding logistics and seasonality. To maintain and further strengthen Inwido’s leading position in its key markets, as well as achieve sustainable high margins, the company coordinates centrally and acts locally. This is showcased through a number of strategic choices, such as to focus on the local supply chain, pragmatic sharing of group resources, a decentralized decision process and emphasis on local leadership. In Sweden, Inwido’s largest market, the shift towards the more profitable consumer segment continues, whilst maintaining the company’s strong market position. The overall market fundamentals in Sweden are currently positive. The Danish underlying market has enjoyed a strong recovery since 2014 and Inwido’s key focus is to win additional market share with high margins and to improve cost efficiency. In Finland, Inwido is the market leader in a consolidated but weak underlying market. The key to maintaining high profitability in Finland is to leverage on the company’s strong position, widen the product offering and differentiate through innovation, installation and service. The Norwegian economy has been hit hard by dropping oil prices and consumer confidence has declined. The market is highly competitive and Inwido has implemented a number of measures to improve operational flexibility and to reduce the cost base. Going forward, increasing top line will be the key priority. E-Commerce is a new direct sales channel for Inwido and was initiated through the acquisition of JNA and SPAR in Denmark 2014. E-Commerce is a relatively immature channel in the European windows and doors markets in which Inwido is currently enjoying a first mover advantage. The company has identified 8-10 attractive European markets and is aiming to roll out its E-Commerce business in these markets in the coming years, starting with Germany. As market volumes have declined across markets in the last few years, Inwido has implemented a number of structural measures to improve efficiency and lower cost levels and thereby creating a more flexible organization with a stable margin development. Similarly, the company has focused on improving its positions by building strong brands and enhancing its product offerings across segments. In conclusion, Inwido is now a stable business, well positioned for continued profitable growth. Finally, Inwido reiterates its financial targets: · Above market growth through organic growth in existing markets and through selective acquisitions and initiatives in Europe · Operating EBITA-margin of 12% · The net interest bearing debt should not, other than temporarily, exceed 2.5x EBITDA · To pay its shareholders an annual dividend that corresponds to approximately 50 per cent of net income with the company’s financial position, cash flow and future outlook being taken into consideration Read the full press release in the attached PDF. For more information, please contact: Inwido AB Håkan Jeppsson, President and CEO Tel.: 46 (0)10-451 45 51 or 46 (0)70-550 15 17 Peter Welin, CFO Tel.: 46 (0)10-451 45 52 or 46 (0)703 24 31 90 E-mail: peter.welin@inwido.com About Inwido Inwido is Europe’s largest supplier of windows and doors. The company has operations in Denmark, Finland, Norway, Sweden, Austria, Estionia, Ireland, Lithuania, Poland and the UK, as well as exports to a large number of other countries. The Group markets some 20 strong local brands including Elitfönster, SnickarPer, Hajom, Hemmafönster, Outline, Tiivi, Pihla, Diplomat and Sokolka. Inwido has approximately 3,300 employees and generated sales of slightly more than SEK 4.9 billion in 2014. The Group's headquarters are located in Malmö, Sweden. For further information, please visit www.inwido.com

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Termite Swarmers: Essential Clues and Action Steps

Understanding the Intrusive Nature of Termite Swarmers When it comes to creepy crawlies wreaking havoc on your beloved abode, termites are the stealthy troublemakers you need to keep an eye out for. Just because you catch a glimpse of them doesn't mean the damage is obvious or minimal. Spotting the Culprits: Termites vs. Ants Identifying what you're up against is the...

Shenzhen's Theme Song Unveils APEC 2026 Vision

A Harmonious Prelude to APEC China 2026 Ever experienced an anthem that captures a city's pulse? That's what Shenzhen's latest creation aims for as it gears up for APEC China 2026. The Publicity Department of the CPC Shenzhen Municipal Committee, alongside Shenzhen Media Group, has crafted something more than just a tune. This is 'Meet You Where Wonders Bloom', a melody...

Fashion and Philanthropy Unite at UBCF Kick-off Party

Exclusivity and Dedication Mix at UBCF Event When fashion and philanthropy get together, you better believe it's more than just a pleasant evening. The Frederick Anderson Collection is hosting a swanky cocktail reception, kicking off the United Breast Cancer Foundation's (UBCF) highly-anticipated Think Pink Gala, and it's shaping up to be a unique affair wrapped in...

NABEP's Strategic Push: 41 Rigs to Bolster Output

On The Ground: NABEP's Expanding Venezuelan Presence Think of oil production as a high-stakes poker game where each drill and rig is a well-placed bet. North American Blue Energy Partners (NABEP) is going all in on Venezuela, boosting their rig fleet and pushing production capacity to new heights. Set your sights on November when NABEP's in-country fleet will hit 41 rigs...

OlloBot's Emotional AI Robots Connect Beyond Tasks

OlloBot Eyes Emotional Bonds, Not Just Robotics Power Is it just me, or is OlloBot onto something deep with their emotional AI companions? They've set a course that might just redefine how we perceive home robotics. At IFA Berlin 2026, they didn't just strut their technical stuff. Nope, they took it beyond gears and gadgets, turning heads with a robot that does more than...

Navigating the Maze of Required Minimum Distributions

Understanding Required Minimum Distributions Ever felt like retirement planning is walking a financial tightrope? Well, when it comes to Required Minimum Distributions (RMDs), you're tiptoeing on a wire. These IRS-mandated withdrawals aren't just accounting quirks; they’re a cornerstone of retirement income strategy—a fact unmistakably highlighted by Janie Kelly in...

SKYWORTH Solar's Solavita: Energizing Global Microgrids

Aiming for Global Reach with Solavita Usually, when a company flings a new brand into the arena, you're looking at a whole bunch of promises and probably a fat folder of paperwork you don't want to read. But when SKYWORTH Solar dishes out Solavita as its new ace in the smart microgrid game, you reckon there's a bit of serious starch in the collar. Harnessing Worldwide...

DKS Lawsuit Deadline: Investors Must Act by Nov 3, 2026

Clock's Ticking for DICK'S Investors If you've got money tied up in DICK'S Sporting Goods—bought between September 8, 2025, and August 24, 2026—listen up. There's a class action lawsuit aiming to recover some of what might've slipped through your fingers. Come November 3, 2026, the door slams shut on your chance to get involved. What's the Beef? Apparently, DICK'S had...

China-Malaysia Youth Dialogue: Tackling Ocean Challenges

Building Bridges Across Waters These aren't the afternoons of trading stocks, folks—this one dives into the depths of the ocean and the tumultuous waters between China and Malaysia. October 30 saw the China-Malaysia Youth Ocean Dialogue take place at the China Media Group Sanya Studio, bringing together some sharp minds from both nations, tackling something that goes...

Chiropractic Insights: Differentiating Piriformis vs. Disc Pain

Understanding Pain: Two Paths, One Problem Buttock and leg pain is a real drag, isn't it? We often brush it off as sciatica, but here's a twist: it might not be the usual corporate villain—a herniated disc. Instead, we could be dealing with an underdog called piriformis syndrome. According to Dr. Mitch Quill, D.C., of HelloNation fame, understanding these nuances isn't...