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Key facts 2014

  • Net Sales: 917 m€
    Russia largest market (25%), followed by France, Switzerland and Sweden. 40% of net sales are generated through emerging markets.
  • EBITDA: Approx 13%
  • No Employees: 8,000 at 24 sites in 19 countries. Sales in 65 markets.
  • Owners: Candover Fund 2005 (55%), MezzVest Capital (28%), management (17%)
  • History: Founded in 1939 in Bjärnum.
    Olle Andersson developed business substantially from 1957-87, thereafter third generation (Bengt Adolfsson and Ann-Charlotte Andersson) developed it into a 1 billion SEK business. Private Equity owned since 1999: initially Atle, Ratos and Nordic Capital. 2003-2006 Investcorp and since 2006 Candover that changed name in 2011 to Arle Capital Partners. 14 acquisitions during the past decade. European market leader with a market share of 14%.

Investors & Financials

Hilding Anders has experienced strong growth during the past 12 years, mainly deriving from extensive acquisition activities and through growth with major Group key accounts. In mid-2011 the Board of Directors initiated a change in the strategic direction, which has led to multiple initiatives thereafter.

  • 2014 the year when Europe returned to growth (+4%) and the Group as a whole grew with 11%
  • Russia continues to be the Group’s growth engine with net sales growth exceeding 30%
  • Almost all European markets improving vs. 2013: France and Netherlands with double digit growth numbers after years of decline. Scandinavia with further market share gains
  • IKEA double-digit growth & performance acknowledgement
  • Asia: behind plan and internal expectation, but gained momentum during the past two months

Operational highlights 2014

  • New organization since June forming two rather equally large European regions (South/North)
  • Installing new functions: Group Supply Chain and Portfolio & Innovation
  • Launching operational excellence program with 4 MWB’s and 14 detailed projects
  • Appointment of new Managing Directors/Sales & Marketing Directors in Malaysia, China, Benelux, France and Germany
  • Opening of the Hilding Anders “Good night’s sleep lab” in Switzerland

Looking on 2015

  • Target of double digit net sales increase and EBITDA growth
  • We count on that Europe continues to grow
  • We anticipate that Russia will cope with the difficult market environment
  • We look forward to a strong improvement in main Asian markets, in particular Malaysia and China

Net sales development m€


Investor-related matters

Leif Mårtensson

Bank-related matters
Finance Director

Jenny Appenrodt