Trade Alimak Group - ALIG CFD

Alimak Company profile

About Alimak Group AB (publ)

Alimak Group publ AB is a Sweden-based company active in industrial equipment sector. It offers vertical access solutions to customers in the construction industry, as well as other sectors. The Company develops and manufactures construction hoists, industrial elevators, mast climbing work platforms, transport platforms and material hoists. It operates in four business segments: Construction Equipment, which designs, develops, manufactures and distributes lifts for temporary installation; Industrial Equipment, providing lifts for permanent installations; Rental, offering renting and service of the Company’s equipment; and After Sales, comprising service, spare parts, upgrades and trainings. Its product lines are Alimak, Champion, Heis-Tes and Hek. The Company is active in Norway, France, Germany, the United Kingdom, Korea, Singapore, Malaysia, Italy, Spain, China, the United States, Brazil and India, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Alimak Group AB (publ) revenues decreased less than 1% to SEK3.73B. Net income increased 68% to SEK307.5M. Revenues reflect United Kingdom (Country) segment increase of 28% to SEK377.7M, Australia segment increase of 9% to SEK471.6M, also reflect Other markets segment decrease of 26% to SEK476.2M, China segment decrease of 17% to SEK447.4M.

Equity composition

3/2017, Rights Issue, 1 new share for every 4 shares held SEK73 (Factor: 1.0913).