Inwido Company profile
About Inwido AB (publ)
Inwido AB (publ), is a Sweden-based manufacturer of windows and doors. The Company develops, produces and sells environmentally friendly wooden windows and aluminum clad wooden windows and doors, as well as provides a range of related services and accessories to consumers, carpenters, middlemen, building companies and manufacturers of prefabricated homes. It is divided in four segments: Sweden; Nordic, comprising markets of Denmark, Finland and Norway; Europe, including operations in Poland, the United Kingdom, Ireland, Russia and Austria; and Supply, which comprises five special production companies that provide components and services within windows and doors. The offering of Inwido AB (publ) is available under such brands as: Elitfonster, Diplomat, Hajom, SnickarPer, Sokolka, Pihla, Tiivi, KPK, Lampolux and Outline. The Company has more than 50 subsidiaries.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Inwido AB (publ) revenues increased 16% to SEK7.72B. Net income applicable to common stockholders increased 42% to SEK712.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Share of profit of associated companies increase of 33% to SEK2.4M (income). Dividend per share increased from SEK4.50 to SEK6.15.