AQ Group AB 2020 AR2
The report highlights AQ Group AB's operations and financial performance for the fiscal year 2020, which was significantly impacted by the Covid-19 pandemic. Despite a 5.7% decrease in net sales to SEK 4.8 billion, the company achieved an operating profit of SEK 401 million through rapid cost control and restructuring. As an active member of the UN Global Compact, AQ Group aligned its sustainability work with ten core principles covering human rights, labor, environment, and anti-corruption. Key achievements include implementing ISO 14001 certified management systems across all 40 production units and reducing workplace accidents leading to sick leave by 40% compared to 2019.
Company: AQ Group AB
Sector: Industrials
Country: Sweden
Year: 2020
Type: AR2
Pages: 100
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AQ Group AB
Annual Report
The report highlights AQ Group AB's operations and financial performance for the fiscal year 2020, which was significantly impacted by the Covid-19 pandemic. Despite a 5.7% decrease in net sales to SEK 4.8 billion, the company achieved an operating profit of SEK 401 million through rapid cost control and restructuring. As an active member of the UN Global Compact, AQ Group aligned its sustainability work with ten core principles covering human rights, labor, environment, and anti-corruption. Key achievements include implementing ISO 14001 certified management systems across all 40 production units and reducing workplace accidents leading to sick leave by 40% compared to 2019.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees