Indutrade AB (publ)

Thank you and good morning on our behalf as well. We are of course glad to present the strong Q4 and the full year 2022 report from Indutrade. And we will as normal start with a summary overall 2022. The Indutrade model once again demonstrated its strength, decentralization, linked with entrepreneurial leaders with a passion for business is a successful model for us and that model has been in place now for plus 40 years and is still proving to work well we had broad and strong demand with total growth in ordering take of 18 and 24 for net sales And we reached for us a respectful level of 27 billion SEK in overall net sales. We had a record high EBITDA margin in 2022 of 15.2% and reached 4.1 billion SEK. Again, a respectful level for us. And we achieved this, basically our companies achieved this despite very challenging business conditions. which I am sure all of you are aware of. Towards the later part of last year, we also increased our EBITDA margin target to be above 14%

We had lower operational cash flow than the year before. mainly due to the supply chain disruptions we have experienced. And we had a very successful acquisition year. We have, over some time, strengthened our acquisition capabilities, both on group level and in the business areas, and were able to acquire 16 great companies in 2022 with a total turnover of about 1.9 billion SEK.

We have also taken large steps forward in terms of sustainability and we have initiated scope 3 reporting now and also connected to the science-based targets initiative