KWH annual review

High expectations achieved

The KWH Group achieved the high expectations set for 2017. Turnover increased by 18%, and profits reached the record level we had been hoping for. All the business units, Mirka, Logistics and Invest, reported excellent growth. The KWH Group is now reaping the benefit of a successful product and services development approach in which we focus on the customer.

strategy

Vision

 

KWH’s mission is to develop knowledge-intensive, highly focused and service-oriented niche operations.
These niche operations must take into account the real conditions in the sector concerned and should be built up around unique products, processes or market positions that confer long-term competitive
advantages. The operations in question are mainly business-to- business and internationally competitive.


The operations are based on traditional KWH sectors where we have a solid familiarity with the field, a
solid strategic position and a strong sectoral presence. In so doing, KWH will be working within its
framework as a diversified international industrial group whose core business is the manufacture of coated abrasives and plastic products and the provision of logistics services.

Goals and Operating Principles

 

1

Independent Divisions

2

Leading Companies in Their Field

3

Active Pursuit of Renewal

4

Effective Management and
Proper Risk Management

5

Cooperation and
Social Responsibility

6

Central Resource Allocation

7

Solid and Lucrative

8

Self-Sufficient Family Business

 

BOARD OF DIRECTORS

From the left:

Christian Höglund

M Sc (Econ)
Board Member since 2017

Johan Heikfolk

LL.M.
Secretary of the Board since 2017

Caj-Anders Skog

M Sc (Econ)
Board Member since 2016

Peter Höglund

B A
Board Member since 1973
Chairman 1988–1997

Sofia Kohtala

Hotel and Restaurant Manager
Board Member since 2014

Ola Tidström

M Sc (Econ)
Vice Chairman since 1993
Board Member since 1975

Henrik Höglund

B Sc (Econ)
Chairman since 1998
Board Member since 1974

Janneke Von Wendt

MSc (Econ)
Board Member since 2016

 

DIVISIONS

The KWH Group consists of three independent divisions: Mirka, KWH Logistics and KWH Invest.

 

2017 achievement indicators

465 M €

Turnover

63 M €

Operating Profit

53 M €

Investments

1 926

Personnel

31 %

Profit improvement

81 %

Equity Ratio

Years of strong development

Innovation and growth

65 000 m2

cold storage

15,0 Mt

of goods handled,
of which 11,0 Mt in ports

over 41 M€

invests in Finland

100

Exports to over
100 countries

Certificate

Kauppalehti´s Growth Company 2017 Certificate to Prevex for faster growth than the average in its industry

red dot
Design Award

The 2017 RedDot Design Award to the cordless Mirka® AOS-B sander