XANO Industri AB 2023 AR2
The report highlights XANO's strategic transition during the 2023 financial year, marked by investments in new business areas and geographic markets, including the acquisitions of Lundgren Machinery and Integrated Packaging Solutions (IPS). Despite declining trends in traditional European packaging markets, the company achieved growth in automation solutions for electric vehicle batteries and contract assignments in the defence sector. XANO also advanced its sustainability efforts by appointing a Chief Sustainability Officer and conducting its first double materiality assessment in preparation for CSRD compliance. Financially, the Group reported net revenue of SEK 3,431 million with an operating margin of 8.8 per cent.
Company: XANO Industri AB
Sector: Industrials
Country: Sweden
Year: 2023
Type: AR2
Pages: 128
XANO Industri AB
Annual Report
The report highlights XANO's strategic transition during the 2023 financial year, marked by investments in new business areas and geographic markets, including the acquisitions of Lundgren Machinery and Integrated Packaging Solutions (IPS). Despite declining trends in traditional European packaging markets, the company achieved growth in automation solutions for electric vehicle batteries and contract assignments in the defence sector. XANO also advanced its sustainability efforts by appointing a Chief Sustainability Officer and conducting its first double materiality assessment in preparation for CSRD compliance. Financially, the Group reported net revenue of SEK 3,431 million with an operating margin of 8.8 per cent.
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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
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Women on Board
Women in Management
Employees