Strong growth and rising efficiency so far

2010-08-19 The Lesjöfors Group's markets have recovered faster than expected. This has resulted in a very positive order increase. The established business and investment plans continue thus.

During the first half of 2010, the Group´s billing increased by about 18 per cent with comparable exchange rates and new orders have increased by about 25 per cent. Sales amounted to 672 MSEK compared with 566 MSEK last year.

Within the Group, improvement is shown in all areas. The increase in sales combined with lower costs relative to volume, means that the Group's competitiveness has improved substantially.

Long-term investments
The key to success is a good product and market mix, combined with a long-term commitment to customer service and a high technology level. Lesjöfors continues the conscious improvements of customer service, technology and market investments with the objective to grow more than the market.

“The economy has recovered much faster than we expected. We have had unused production capacity and in a good way been able to increase our production volumes with a continued good delivery service. Our belief is that the market will continue to grow but at a more moderate pace", says CEO
Kjell-Arne Lindbäck.

China in focus
The Lesjöfors Group has strong ambitions to increase its product selection in the rapidly growing Chinese market.
“We have had a very good order intake in the local market and we are now working to broaden the technological capacity to include both pressings and wire springs. With our base in existing clients' business in China we will gradually expand our local offering", says Kjell-Arne Lindbäck.

Lesjöfors is looking forward to a continued good cooperation with all customers and the aim is to provide the best possible service.

Kjell-Arne Lindbäck

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