Quality. Respect. Excellence.

About Ferronordic

Ferronordic is a service and sales company in the areas of construction equipment and trucks.

We are the dealer of Volvo Construction Equipment and certain other brands in all of Russia and Kazakhstan, aftermarket partner of Volvo Trucks and Renault Trucks in part of Russia, and dealer of Volvo Trucks and Renault Trucks in part of Germany. The company also offers contracting services where it owns and operates equipment to carry out works for customers.

Ferronordic began its operations in 2010 and now has approx. 100 outlets and about 1,400 employees. Ferronordic’s vision is to be regarded as the leading service and sales company in its markets.

The shares in Ferronordic AB (publ) are listed on Nasdaq Stockholm.

  2016 2017 2018 2019 2020
REVENUE (SEK MM) 1,658 2,567 3,241 3,747 4,635
OPERATING PROFIT (SEK MM) 132* 187 274 358 328
NET INCOME (SEK MM) 84 151 209 251 222
EMPLOYEES 782 848 1,032 1,239 1,469
OUTLETS 73 74 79 92 96

* Refers to adjusted EBIT, i.e. operating profit excluding amortisation of transaction-related intangible assets until May 2016 and write-downs of non-current assets during the fourth quarter 2016.

For investors and analysts:

Erik Danemar, Group CFO and Head of Investor Relations,
via e-mail erik.danemar@ferronordic.com or phone +46 73 660 72 31

For media and journalists:

Ceren Wende, Head of Marketing and Communications,
via e-mail ceren.wende@ferronordic.com or phone +46 73 658 59 80

Ferronordic AB (publ):
Nybrogatan 6
114 34 Stockholm:
Corporate ID no. 556748-7953
Phone: +46 8 5090 7280