Sjølund A/S

Ledelsesberetning

Key activities Sjølund Group specialize in precision bending of aluminum and steel, creating high-performance components that power progress across industries.From the aerodynamic curves of modern construction to the resilient structures in infrastructure, our solutions play a crucial role in turning vision into reality. Development in the year The income statement of the Group for 2023/24 shows a profit after tax of TDKK 6,198, and at 30 September 2024 the balance sheet of the Group shows a positive equity of TDKK 21,692.In 2023/24, we maintained a strong focus on core competencies, market expansion, and refining our global strategy. This effort resulted in a positive development in operational profit margins for both our operations in China and Denmark. The past year and follow-up on development expectations from last year For 2023/24, the Group initially projected a profit before tax in the range of TDKK 2,000-5,000 The actual result exceeded these expectations, achieving a profit after tax of TDKK 6,198 due to better market conditions. Capital resources As of September 30, 2024, the Group’s cash reserves exceed TDKK 23,200, ensuring solid financial flexibility. Foreign exchange risks While the Group’s business model presents no unusual commercial or financial risks, we are exposed to currency fluctuations in GBP and CNY due to activities in these markets. These risks are actively monitored and managed. Targets and expectations for the year ahead For the financial year 2024/25, the Group anticipates continued profitability, projecting a profit before tax in the range of TDKK 6.000 - 9.000. External environment Management assesses the environmental impact of Sjølund Group’s activities as limited. Our production processes are powered by renewable-certified electricity, and our facilities are heated using electricity or gas. Water usage is minimal and limited to sanitary purposes.The Group holds ISO 9001, 14001, and 45001 certifications, underlining our commitment to continuous improvement in environmental performance, including CO2 reduction initiatives. Unusual events In response to ongoing uncertainties, including the wars in Ukraine and Israel/Palestine and the residual effects of Covid-19, the Group has enhanced internal procedures to remain adaptive. We mitigate risks through agile pricing strategies, optimized procurement processes, and dynamic contract negotiations. Subsequent events No events materially affecting the assessment of the Annual Report have occurred after the balance sheet date.