Net sales in Components in the fourth quarter amounted to SEK 534 million (578) and EBITA amounted to SEK 59 million (65). Net sales during the financial year amounted to SEK 2,015 million (2,082) and EBITA amounted to SEK 196 million (218).
The Components business area was marginally negatively affected by Covid-19 and ended the financial year stably despite tough comparisons with the fourth quarter of the preceding year. The market situation in Denmark was favourable in the quarter and stable in Sweden and Finland, while the business situation in Norway was weak due to the low willingness to invest in oil and gas. Demand remained good in the wind power market, as well as in electronics, and the recovery continued in the special vehicle and engineering industries. This year’s cost savings have had an effect on the margin trend, which was back to normal levels for the quarter.