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Addtech AB Company Snapshot
Addtech AB is a Sweden-based technology trading company providing components and systems to industrial companies and the service industry in Northern Europe. It is organized into four main business areas. Addtech Components area works with technical components and subsystems used in mechanics, electromechanics, electronics and hydraulics. Addtech Energy markets and sells battery solutions, power distribution products and products in electrical safety, as well as equipment for cable harness manufacturing of Dafine Engineering Oy. Addtech Industrial Solutions area sells products made of polymeric materials, electric motors and transmissions and customer-specific products in electromechanics, among others. Addtech Life Science area sells medical equipment to laboratories in healthcare and research, diagnostic equipment for the healthcare sector, and process and analysis equipment for industry. The Company operates Fenno Medical Oy as a wholly owned subsidiary.

Sales Analysis. During the year ended March of 2019, sales at Addtech AB were SEK 10.15 billion (US$1.06 billion). This is an increase of 26.5% versus 2018, when the company's sales were SEK 8.02 billion. This was the third consecutive year of growth at Addtech AB. Sales of Industrial Process saw an increase of 37.5% in 2019, from SEK 1.67 billion to SEK 2.30 billion.
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Addtech AB
  Stock Performance Chart for Addtech AB
  Stock Data: Recent Stock Performance:
  Current Price (11/29/2019): 266.50
(Figures in Swedish Kronor)
1 Week 4.9%   13 Weeks -2.2%  
4 Weeks -0.4%   52 Weeks 46.8%  
Addtech AB Key Data:
  Ticker: ADDT B Country: Sweden
  Exchanges: STO Major Industry: Capital Goods
    Sub Industry: Industrial Machinery & Equipment
  2019 Sales 10,148,000,000
(Year Ending Jan 2020).
Employees: 2,759
  Currency: Swedish Kronor Market Cap: 17,878,439,787
  Fiscal Yr Ends: March Shares Outstanding: 67,086,078
  Share Type: B Aktie Closely Held Shares: 6,296,750
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