Teqnion AB 2024 AR2
The report outlines Teqnion AB's financial and operational performance for the fiscal year 2024. During the year, the company experienced a 12% decrease in EBITA to SEK 149.7 million and a 26% drop in earnings per share, which it is actively addressing through strategic improvements. Despite these challenges, Teqnion expanded its portfolio by acquiring three UK-based companies: Nubis Solutions, Avelair, and UK Lanyard Makers. The group also prepared for future CSRD compliance by conducting double materiality and stakeholder analyses. To support future acquisitions, the Board proposed that no dividend be paid for 2024.
Company: Teqnion AB
Sector: Industrials
Country: Sweden
Year: 2024
Type: AR2
Pages: 91
Teqnion AB
Annual Report
The report outlines Teqnion AB's financial and operational performance for the fiscal year 2024. During the year, the company experienced a 12% decrease in EBITA to SEK 149.7 million and a 26% drop in earnings per share, which it is actively addressing through strategic improvements. Despite these challenges, Teqnion expanded its portfolio by acquiring three UK-based companies: Nubis Solutions, Avelair, and UK Lanyard Makers. The group also prepared for future CSRD compliance by conducting double materiality and stakeholder analyses. To support future acquisitions, the Board proposed that no dividend be paid for 2024.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees