Nordic Modular’s Annual Report 2013
The annual report from Nordic Modular Group AB is now available in English at www.nordicmodular.com
Nordic Modular Group AB 2013
- The Group’s net sales figures increased by 4 percent to SEK 627 million (601)
- Rental revenues increased by 2 percent to SEK 262 million (257)
- EBITDA increased by 1 percent and amounted to SEK 194 (191)
Comments from the Group Chief Executive Per Johansson
” At the end of 2012, which was a year with volatile demand, we saw signs of improving market prospects for 2013. Moreover, our expectations were, in the main, fulfilled; but we still have more to give.
On the whole, 2013 was a good year for Nordic Modular. Despite a downswing in the third quarter, there was increased demand and order inflow during the year. The end of the year was particularly strong.”
About Nordic Modular
Nordic Modular Group AB is a wholly owned subsidiary of Kungsleden AB (publ). Nordic Modular conducts development, manufacture, sale and rental of relocatable buildings for professional customers in the Nordic countries. The typical use is offices, schools and preschools. Nordic Modular’s operation is run exclusively through its subsidiaries: Temporent, Flexator and Nordic Modular Leasing. Our vision is to lead the development of a Nordic market for modular buildings. Modular buildings are industrially manufactured sectional units made into finished rooms – floor, walls and roof elements are fitted together and then finished at the factory with a surface layer, permanent fixtures and installations.The modules are then transported to the building site, lifted into place and set up on a prepared foundation. The whole process takes anywhere from a few weeks to a couple of months.
Read more: www.nordicmodular.com