Bufab delivered record sales, operating profit and earnings per share in 2021. 

Net sales rose 24% to SEK 5.88 billion (US$627.8 million), including 23% organic growth. Order intake rose 26% and was higher than net sales, while operating profit (EBITA) jumped 44% to SEK 695 million, corresponding to a margin of 11.8%. 

“We completed three strategic acquisitions with combined annual sales of more than SEK 500 million and continued to invest in our own operations to ensure future sustainable and profitable growth,” stated CEO Johan Lindqvist.

Demand remained strong in the final quarter of the year, producing sales growth of 29% to SEK 1.6 billion. Q4 order intake improved 25%, while operating profit rose 40% to SEK 169 million, corresponding to a margin of 10.6%.

“Our strong results the last quarters are partly due to the investments in processes and digital tools that we made in recent years,” added Lindqvist. “Moving forward, we will continue our investments in these areas, but also in areas such as sustainability.” Web: Bufab.com