Wanzl Nordic A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Principal activities
Wanzl Nordic A/S’ core competence is to supply complete shopfitting solutions to the B2B customers. The company takes responsibility for the entire process – from concept development, design and project management to production, delivery and installation of customized shopfitting solutions as well as after-sale service.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financial and economic position
Net revenue for the year amounts to DKK 466 million. DKK against DKK 570 million DKK last year. The net revenue was significantly below the target range of DKK 650-700 million. The development can be explained by lower activity level at some of the larger customers.

Beskrivelse af virksomhedens forventede udvikling

Outlook Global economies are partly impacted by different regional conflicts such as Russia's invasion of Ukraine, the conflict between Hamas and Israel, the unrest in the Red Sea area and trade conflicts related to the newly elected US administration, which all together are creating increased market volatility as to among other cost prices and delivery reliability.
Because of the above, the realization of revenue and profit before tax targets is subject to increased uncertainty. Management is on an ongoing basis keeping track of and evaluating development and based on that identifying relevant initiatives and measures.
The expectation for the financial year 2025 is a revenue in the range of DKK 400-450 million with a breakeven result before tax.
Special risks Earnings are sensitive to the development in the prices of the company´s raw materials, primarily steel and wood. To counter this risk, trading agreements with major customers contain a provisa for the development in steel prices. Based on international indexes, Wanzl Nordic regularly adjusts its prices towards the customers in the case of unforeseen developments in the prices of several raw materials.
Intellectual capital and organisation In 2024, Wanzl Nordic A/S continued to prioritize the development of our intellectual capital and organizational capabilities, recognizing that our competent staff members remain our most valuable asset for strategic growth. The roll out of the HR system Sympa continued and IT training and other courses was carried out as planned. Our focus remains on developing our competent staff members, who are crucial to the strategic growth of the Group.