Annual Report 2012 - Inwido

INWIDO IN BRIEF
2012
in brief
Net sales decline: Net sales amounted to
SEK 4,607 million, a decline of 6 percent
when adjusted for currency and structural
effects compared to previous year.
Indoors become outdoors: Thermo HS Sliding
doors from Sokolka have a lift-and-slide-system
that does not limit interior space and that
facilitates architectural creativity.
Stable gross margins: Improved
efficiency resulted in stable gross
margins despite decreased volumes.
Continued strong cash flow: The company’s
strong cash flow enabled Inwido
to reduce net debt by SEK 240 million.
Our markets
Inwido has operations in Sweden,
Norway, Finland, Denmark, the
UK, Ireland, Poland and Russia.
Home Improvement sold: Divestment
of all shares in subsidiary Inwido
Home Improvement AB. Supply is now
refined to a primary segment of its own.
Consumer archetypes mapped: Conducted
in Sweden, Denmark, Finland and
Norway. The survey resulted in important
findings about market trends and
consumer archetypes.
Inwido brands
Innovative competition: Successful
completion of Inwido Compete and
Incubate Innovation Challenge, in
cooperation with Swedish incubator
Ideon in Lund.
Turnaround in Europe: Significant profit
improvement in our European markets.
New markets: Outlined green field
strategy for new markets in Europe
with Austria as first stop.
Investing in human resource: Started
a management audit process for the
management teams in Inwidos business
units, and for the leaders below.
New managers: New managing directors
appointed for Sweden, Norway, Europe,
Poland and Russia.
Annual Report 2012 | Inwido AB 5