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Key facts 2016

  • Net Sales: 872 m€
    Russia largest market (25%), followed by France, Switzerland and Sweden. 40% of net sales are generated through emerging markets.
  • EBITDA: Approx 14%
  • No Employees: 9,500 at 25 sites in 19 countries. Sales in more than 40 countries.
  • Owner: KKR (100%)
  • 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. In 2016, KKR, a leading global investment firm, acquired Arle Capital Partners’ stake in Hilding Anders. 10 acquisitions during the past decade. European market leader.

Investors & Financials - Operational highlights 2016

  • Appointment of new CEO, Pepyn Dinandt, as of December.
  • Acquiring Lithuanian based headboard producer, Åkesson/Mingridas
  • Very strong performance from our Russian subsidiary, Askona, in an extremely tough market environment.
  • Growth in several European markets.
  • Promising e-commerce initiatives implemented in Asia.
  • Net sales development:

2016 872m€
2015 917m€
2014 917m€
2013 823m€
2012 774m€

Contact

Investor-related matters
CFO

Jo Bennett

Bank-related matters
Finance Director

Jenny Appenrodt