Solwers’ growth continued in the financial year 2020 and the order backlog remained at a good level despite the pandemic.

In line with the strategy, the company acquisitions continued with the Swedish LICAB AB, Enerwex AB and the Finnish Geounion Oy joining the group during the year. Net sales (Pro Forma 12 months) reached EUR 42.3 million, operating profit (EBIT, Pro Forma 12 months) was 4.3 million and the number of employees close to 400 at the year end.

For more information, please see the attached Financial Statements.

Auditors Report