Hilding Anders: Increased Turnover and Focus on Expansion Highlights the Year of 2006.STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula. -- Hilding Anders, Europe's and Asia's leading bed and mattress manufacturer, concludes the year of 2006 with reached goals, increased turnover, and a stronger Asian position. Hilding Anders has been the leading bed and mattress manufacturer in Europe since 2002. Through organic growth and acquisitions, the group has steadily grown and ended 2005 with a SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4,7 billion turnover and approximately 3000 employees. In 2006, Hilding Anders continued to grow. By increasing the ownership in Slumberland Asia Pacific, a large pan-Asian bedding group with approximately 900 employees, Hilding Anders now has a permanent hold on the Asian markets. A smaller Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river. bedding group, Somilar, was also acquired during the year. In 2006, the turnover increased to an estimated SEK 5,6 billion pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts. The phrase pro forma and the number of employees by a thousand to approximately 4000 employees. - Our objective for 2006 has been to secure and strengthen our leading position in Europe and Asia. Looking at last year's result, I would say that we definitely reached that goal, summarizes Anders Palsson, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. at Hilding Anders. I credit the success to our strategically advantageous acquisitions and to our focus on synergies within the central functions, such as purchasing, manufacturing, finance and IT. That is why we ended 2006 with a well above average profitability for this industry, continues Anders Palsson. - Hilding Anders' turnover in 2006 is in line with our expansion strategy. Our increased ownership of the Asian bedding group, Slumberland Asia Pacific, was a particularly important step towards our new goal of becoming the world's leading bed and mattress manufacturer, concludes Anders Palsson. Hilding Anders was founded 1939 in Bjarnum, Sweden. The company has since then grown considerably and is today the leading bed and mattress manufacturer in Europe and Asia. The main office is now located in Malmo, Sweden and the group is owned by the British investment company Candover. Through ca 30 subsidiaries, Hilding Anders owns some 10 strong European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. and Asian bed brands and holds extensive production for several well-known international furniture department stores This is a list of department stores. In the case of department store groups the location of the flagship store is given. This list does not include large specialist stores, which sometimes resemble department stores. . The group has approximately 4000 employees and is effective on 23 European and 9 Asian markets. The turnover 2006 was estimated to SEK 5,6 billion pro forma. For more information about Hilding Anders and downloadable pictures, please visit www.hildinganders.se. Hilding Anders International AB Sodra Tullgatan 4 SE-211 40 Malmo Telefon +46 (0)40 665 67 00 Fax +46 (0)40 665 67 01 www.hildinganders.se This information was brought to you by Waymaker http://www.waymaker.net |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion