New record result for ACM in 2019

I want to start by wishing all our customers and partners a Happy New Year 2020!

2019 was a solid year for ACM and we are looking forward to new challenges in 2020. 2019 is our third straight year with improved profit and we surpass our previous record from 2018. Turnover decreases from 106 million SEK to 100,5 million but business shift and good cost control makes the result in 2019 some what better. The over all economic situation in the market has reduced the volumes in some segments. We predict that this effect will level out in 2020 but are prepared to handle further downturn in the demand in some areas. We have great focus on new projects where the ambition is to establish ourselves in new product areas in the customer segments where we have a strong position. In November 2019 we took the decision to liquidate our company in France since the development of our business with the paper industry in France and Belgium hasn’t be satisfactory. Once again we focus on the Nordic industry where we are well established since more than a decade.

We are looking forward to a challenging and succesful year in cooperation with you!

Emil Engvall/MD