Earnings call on full-year results 2023

Thursday, 8 February 11.00 CET

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CEO Jens Birgersson and Chairman Thomas Kähler, AR 2023 photo
We would like to extend our gratitude and appreciation to our colleagues for their continued commitment and hard work this past year. And to our customers and suppliers, thank you for your support and trust.

Thomas Kähler & Jens Birgersson

A difficult macro-economic environment mainly in Europe resulted in a market slowdown and a sales decrease of four percent in local currencies in 2023. Declining energy prices, sales price stability, and agility in operations normalised profitability to a full year EBIT margin of 14.3 percent. Considering the market conditions, the 2023 financial results were satisfactory.

NA, Prince George County Public Schools (PBCPS) - Blueprint Schools, Stantec, Education, Designed to LEED Silver Criteria, Education Standard SQ 2'x2' & 2'x4', Tropic SLN 2'x2' & 2'x4', Koral SQ 2'x2', Stone Wool Ceilings, Chicago Metallic Suspension System, 15/16" suspension, 9/16" suspension

BEUR down 4% in local currencies

EBIT margin

up from 10.3% last year


up from 16.4% last year

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While market conditions in North America look positive, we expect challenges in many parts of Europe, especially Germany, to continue in 2024. However, with inflation starting to decline in many markets and rising expectations for a stable or even declining interest rate level, we are less concerned about the risk of a broad construction market recession in Europe.

Case Study Sweden
rockpanel natural
Sales - roughly the

in local currencies

EBIT margin


excl. acquisitions

Kim Junge Andersen, Chief Financial Officer. Group Management.

Kim Junge Andersen

Chief Financial Officer,