Key stats

  • 20.7 %

    Proportion of Lundbergs' holdings, 2025-02-18
  • 9,563

    Number of employees
  • 7.55 SEK

    Earnings per share 2024

Indutrade

Indutrade is an international industrial and technology group that develops and acquires companies characterized by high technological expertise. Its business philosophy is based on entrepreneurship and decentralized leadership. 

The group comprises around 200 subsidiaries in more than 30 countries in six continents. The four principal geographic markets are Sweden, the UK & Ireland, Benelux and Finland. Indutrade has widespread representation in various customer segments, primarily infrastructure/Construction, Medical technology and pharmaceutical, Engineering, Energy and Process industry. Operations are concentrated in two main areas: companies with sales of industrial technology and companies with own manufacture of products under their own brands. 

The organization is strongly decentralized and the subsidiaries operate within clearly defined market niches. The group is since January 2024 divided into five business areas: Industrial & Engineering, Infrastructure & Construction, Life Science, Technology & System Solution and Process, Energy & Water.  

Indutrade has long-standing experience of company acquisitions. Through its strong history of acquisitions, Indutrade has the size and the favorable reputation, experience and prerequisites needed to implement value-creating acquisitions. In 2023, nine new companies were acquired, with total annual sales of around SEK 1.2 bn.

Sustainability

Indutrade’s sustainability strategy is based on the companies in the group continuously developing and improving in a way that is financially, environmentally and socially responsible. Two of the sustainability strategy’s aims are for the group to strive to be CO2-neutral in scope 1 and scope 2 by 2030 and to achieve a 20% reduction by 2025 compared with the year 2020. The company has also begun reporting scope 3 emissions and has signed up to the Science Based Targets initiative.  

Financial objectives

Indutrade’s financial objective is that average annual sales growth will be at least 10% over a business cycle. The EBITA margin is to amount to at least 14% annually over a business cycle. The return on capital employed is to average at least 20% annually over a business cycle. The net debt/equity ratio should normally not exceed 100%. Dividend payments should be between 30 and 50% of profit after tax. 

KEY FINANCIAL DATA
Indutrade Key Financial Data 2024

NET SALES BY BUSINESS AREA

  • Industrial & Engineering 24.0%
  • Infrastructure & Construction 15.0%
  • Life Science 23.0%
  • Process, Energy & Water 23.0%
  • Technology & System Solutions 15.0%

Chair Katarina Martinson
CEO Bo Annvik
Board members associated with Lundbergs Anders Jernhall, Lars Pettersson