business group consists of a business unit, Prevex, shareholdings in associates and the
management of industrial premises, which are leased to external partners on long leases.
Prevex produces the world’s most effective and space-saving water traps for both sinks and washbasins. Our water traps come pre-assembled and offer a variety of installation options thanks to their unique telescopic design. Our product development and design process combines the customers’ requirements with cost-effective production methods.
Over the last calendar year, to meet the needs of the market, our investment has included two new packing lines for water trap products. This has enabled us to supply functional and affordable products with a goal to produce a range of packaging styles for both industrial and consumer markets. We are one of the largest producers of water traps in the world.
We have actively and successfully developed a close working relationship with several major players and have earned an excellent reputation as the most reliable and innovative supplier in the water trap sector. As a result, we have achieved the position as market leader in this product sector in the Nordic Region. An important and natural part of our operation is our close collaboration with our customers with whom we jointly develop new and innovative products. This approach is backed by constant efforts to introduce innovative solutions and product improvements.
Our sales organisation was further strengthened throughout the year. We are now represented in the majority of the European markets and our investment strengthening the sales organisation is expected to generate more growth over the next few years.
Head of Division
CEO, Winkiel
CFO, Prevex Group
CEO, Prevex Group
invest | 2017 | 2016 | 2015 | 2014 | 2013 |
Turnover, EUR million | 33,7 | 27,1 | 21,0 | 21,4 | 16,5 |
Change, % | 24,7 | 29 | -2 | 30 | -12 |
Exports and foreign operations, % | 90 | 88 | 85 | 85 | 80 |
Share of group turnover, % | 7 | 7 | 5 | 5 | 5 |
Investments, EUR million | 3,7 | 6,5 | 4,6 | 1,5 | 1,1 |
Personnel | 252 | 198 | 127 | 128 | 115 |