HANZA: Interim Report January-March 2022

Reading time ( words)

HANZA Holding AB reports record high growth during the first quarter of 2022, as well as strong order intake from all customer areas. Furthermore, the company has inaugurated a newly built production facility of 12,000 sqm, in Tartu, Estonia, and will expand during the spring with new production areas in Poland, the Czech Republic and China.

First Quarter 2022

  • Net sales increased by 45% to SEK 824 million (567). Adjusted for acquisitions and currency, growth amounted to 28 %.
  • Operating profit (EBITA) increased by 83% to SEK 41.2 million (22.5), which corresponds to an operating margin of 5.0% (4.0).
  • Profit after tax amounted to SEK 19.2 million (9.1), which corresponds to SEK 0.54 per share (0.27).
  • Cash flow from operating activities amounted to SEK 13.4 million (66.1).

CEO Erik Stenfors comments:

“For the first time, HANZA reached sales of more than SEK 800 million in a single quarter. This is due in equal parts to good new sales, a strong customer portfolio and successfully completed acquisitions.”

“Our expansion program both reaped and sowed during the quarter. Main markets already have an increased capacity after completed activities and reports strong earnings. Other markets are completing a number of activities to increase capacity and temporarily reports lower earnings.”

“Going forward, we see a strengthened trend to gather production close to the customer, which is the core of HANZA's business model. Thus, we see a bright future - both in the short and long term.”


Suggested Items

SMTA Dallas Expo: A Novel Approach to Outsourcing Sales

04/27/2022 | Andy Shaughnessy, Design007 Magazine
Caleb Townsend is the co-founder of Factur, a new kind of recruiting agency that specializes in filling marketing and sales positions. I met with Caleb at SMTA Dallas and asked him to discuss the creative ways he’s helping contract manufacturers to practice Lean principles in their sales department. As Caleb says, his company helps sales departments embrace methods similar to those used on the shop floor, which sometimes means updating their filing system from a “shoebox full of business cards.”

AIM Appoints Oscar Hernandez as Sales Manager for Queretaro and Bajio Regions Mexico

03/24/2020 | AIM Solder
AIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry, is pleased to announce the appointment of Oscar Hernandez to the position of Sales Manager for the Queretaro and Bajio regions of Mexico.

SMTAI 2019: KIC's New, Smart Factory Products

10/15/2019 | Real Time with...SMTAI
MB Allen, manager of applications and sales for KIC, and Karl Pfluke, regional sales manager, update Nolan Johnson on their new product announcement from earlier this year. They also address the company's ongoing work on smart factory products.

Copyright © 2022 I-Connect007. All rights reserved.