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Addtech AB Company Snapshot
Addtech AB is a Sweden-based technology trading company providing components and systems to industrial companies and the service industry in Northern Europe. It is organized into four main business areas. Addtech Components area works with technical components and subsystems used in mechanics, electromechanics, electronics and hydraulics. Addtech Energy markets and sells battery solutions, power distribution products and products in electrical safety, as well as equipment for cable harness manufacturing of Dafine Engineering Oy. Addtech Industrial Solutions area sells products made of polymeric materials, electric motors and transmissions and customer-specific products in electromechanics, among others. Addtech Life Science area sells medical equipment to laboratories in healthcare and research, diagnostic equipment for the healthcare sector, and process and analysis equipment for industry. The Company operates Fenno Medical Oy as a wholly owned subsidiary.

Sales Analysis. During the year ended March of 2016, sales at Addtech AB were SEK 6.16 billion (US$696.56 million). This is a decrease of 9.2% versus 2015, when the company's sales were SEK 6.78 billion. Contributing to the drop in overall sales was the 29.9% decline in Transmission/energy, from SEK 2.12 billion to SEK 1.49 billion. . However, these declines were partially offset by the increase in sales of Components (up 7.8% to SEK 2.03 billion) and Equipment/industrial Solutions (up 14.4% to SEK 1.42 billion) .
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Addtech AB
  Stock Performance Chart for Addtech AB
  Stock Data: Recent Stock Performance:
  Current Price (10/21/2016): 134.75
(Figures in Swedish Kronor)
1 Week 0.4%   13 Weeks 0.6%  
4 Weeks 8.2%   52 Weeks 9.1%  
Addtech AB Key Data:
  Ticker: ADDT B Country: Sweden
  Exchanges: STO Major Industry: Capital Goods
    Sub Industry: Industrial Machinery & Equipment
  2016 Sales 6,155,000,000
(Year Ending Jan 2017).
Employees: 2,076
  Currency: Swedish Kronor Market Cap: 9,022,657,336
  Fiscal Yr Ends: March Shares Outstanding: 66,958,496
  Share Type: B Aktie Closely Held Shares: 7,424,155
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