Anders Hedin Invest årsredovisning ENG 1
“Anders Hedin Invest AB acquired Klintberg & Way
AB in April 2014” KLINTBERG & WAY CEO: Jörgen Forsberg | www.kwparts.se 2015 was a special year for Klintberg & Way. The company celebrated its 40th anniversary and a whole range of exciting events took place at the subsidiaries. Klintberg & Way offers products and services to the car industry and operates primarily in Sweden and Europe. Klintberg & Way is undergoing considerable expansion and as a result of acquisitions the company has grown by 250% during the last 18 months. The goal is for Klintberg & Way to become a significant player in Europe with regard service and product provision to the automotive industry and the car trade. Klintberg & Way currently manages KW Parts, KW Wheels, KW Cars, Dawa Däck and Techno Tire. The company is located in Kista, but also carries on operations in Gothenburg, Kortrijk (Belgium), Oslo (Norway) and Butzbach (Germany). THE GROUP IN NUMBERS • • • • • • In 2015, turnover increased from SEK 304 million to SEK 560 million (+84%). Operating profit increased from SEK 14 million to SEK 20 million (+43%). KW Parts was affected negatively during the year by the strengthening of the US dollar against the Swedish krona. KW Parts was burdened by non-recurring costs amounting to SEK 4 million due to relocation to Butzbach and Sätra. Depreciation of KW Parts stock by SEK 9 million is included in the report. At the end of the year, KW Parts employed 96 people. 8 COMPANIES +250% 18-MONTH PERIOD Multi-year comparison 2015 Net turnover (TSEK) Profit after financial items Average number of employees 559,258 21,811 84 2014 303,788 13,872 70 ANDERS HEDIN INVEST AB ANNUAL REPORT / 2015 29