VBG Group AB 2021 AR2
The report highlights VBG Group's record-breaking financial performance in 2021, achieving its best consolidated earnings in its 70-year history with net sales of SEK 3,611 million and an operating profit of SEK 456 million. The company launched a new strategic framework, VBG Group 4.0, focusing on global expansion and sustainable industrial solutions. Key sustainability achievements included implementing a new sustainability organization, completing a stakeholder dialogue and materiality analysis, and reducing energy consumption by 25% compared to 2017. Additionally, the Group completed the acquisitions of Insta-Chain and Carlyle Johnson Machine to further diversify its industrial business and customer base.
Company: VBG Group AB
Sector: Industrials
Country: Sweden
Year: 2021
Type: AR2
Pages: 142
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VBG Group AB
Annual Report
The report highlights VBG Group's record-breaking financial performance in 2021, achieving its best consolidated earnings in its 70-year history with net sales of SEK 3,611 million and an operating profit of SEK 456 million. The company launched a new strategic framework, VBG Group 4.0, focusing on global expansion and sustainable industrial solutions. Key sustainability achievements included implementing a new sustainability organization, completing a stakeholder dialogue and materiality analysis, and reducing energy consumption by 25% compared to 2017. Additionally, the Group completed the acquisitions of Insta-Chain and Carlyle Johnson Machine to further diversify its industrial business and customer base.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees