Vestum AB 2023 AR2
The report highlights Vestum's progress in 2023 as a leading industrial group within civic infrastructure, achieving a net sales growth of 12% to SEK 5,762 million and an EBITA of SEK 623 million. The company successfully streamlined its structure by divesting lower-margin businesses and increasing its focus on high-margin product and service companies, which now constitute 44% of the group's total EBITA. Vestum also strengthened its balance sheet, reducing financial net debt from SEK 2.8 billion to SEK 2.1 billion. In sustainability, the group established short-term interim targets extending to 2026, mapped its Scope 1, 2, and 3 emissions, and prepared for CSRD compliance.
Company: Vestum AB
Sector: Industrials
Country: Sweden
Year: 2023
Type: AR2
Pages: 99
Vestum AB
Annual Report
The report highlights Vestum's progress in 2023 as a leading industrial group within civic infrastructure, achieving a net sales growth of 12% to SEK 5,762 million and an EBITA of SEK 623 million. The company successfully streamlined its structure by divesting lower-margin businesses and increasing its focus on high-margin product and service companies, which now constitute 44% of the group's total EBITA. Vestum also strengthened its balance sheet, reducing financial net debt from SEK 2.8 billion to SEK 2.1 billion. In sustainability, the group established short-term interim targets extending to 2026, mapped its Scope 1, 2, and 3 emissions, and prepared for CSRD compliance.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees