Nederman Holdings (STO:NMAN) has released its financial results for 2009. The company’s fourth quarter results showed its incoming orders to be at SEK 270.8 million. Net sales for the quarter were SEK 259.3 million, while net result was SEK 11.6 million. The fourth quarter operation result was SEK 11.7 million.
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Incoming orders for the year was reported as SEK 1,020.3 million. Net sales and net result was SEK 1,052 million, and SEK 14.6 million, respectively. 2009’s operating result was SEK 23.3 million.
Nederman Holding AB is a Sweden-based company that develops, produces and markets products and systems for the extraction and filtration of dust, smoke, vehicle exhaust gases, as well as equipment for industrial cleaning. Its products and systems are based on a vacuum technology that covers high, mid and low vacuum systems. The Company also produces and sells a range of hose- and cable reels for water, air, oil and other media. It provides solutions comprising pre-studies, project work, installation, start-up and service. The Company's production and assembly facilities are located in Sweden, Norway, Canada and China. The Company’s products are distributed through its own sales organizations in 24 countries, as well as through agents and distributors in approximately 30 countries. As of December 31, 2008 the Company had 35 wholly owned subsidiaries in Sweden, France, Poland, Span, Australia, Hungary, China, the United Kingdom, the United States, Turkey and India, among others.
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