KWH's Annual Review 2020
A family-owned growth company
GROUP PRESIDENT KJELL ANTUS:
Active leadership and flexible organisation
After a strong start to the year, Covid-19 caused havoc in the world and on our markets in the spring. Lockdowns were imposed, and this led to a lull in sales in many countries. Restrictions and limited opportunities to meet customers meant that we were forced to abandon the growth targets for the year. After the crash in the spring, our operations recovered strongly in the second half of 2020 and sales ultimately only fell by two per cent over the year.
Turnover
Personnel
Key figures
501.3
Turnover MEUR
85.8
Investments MEUR
2,300
Personnel
42.7
Profit MEUR
10.8%
Return on investment
78%
Equity ratio