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Annual Report 23/24 Addtech's DNA Addtech is a fully decentralised organisation with a unique culture based on a willingness to take responsibility. We believe that the best decisions are made close to the [...] culture Decentralised organisation This is how we generate sustainable growth Addtech’s success is based on our companies being free to run and develop their own operations, as long as they deliver on our [...] generates long-term shareholder value. Combined, our 150 companies have a broad and stable customer base and share an aspiration to lead the market in growing niche markets. Our efficient acquisition model

and Denmark, it took the step out into the Nordic region, deliberately broadening its geographical base, both in terms of customers and proprietary companies. 1960: Acquisitions become an early part of

and employees alike. Our DNA Addtech is a fully decentralised organisation with a unique culture based on a willingness to take responsibility. We believe that the best decisions are made close to the [...] Proven business model The foundations of our business model are more than 100 years old and are based on offering needs-adapted and sustainable technical solutions. Needs are often technologically complex

long-term perspective of the Parent Company. Consistent action and deeply rooted corporate culture based on strategic action, good planning, a long-term perspective, well-considered decisions and effective

technical solutions, in which players buy, adapt and sell technical products and solutions. Although our base is in Nordic industry, we also operate internationally. Although most sales occur in the Nordic region

products and solutions are based on close relationships with customers, manufacturers and suppliers. These close relationships represent the key to our success and are based on a combination of technical

Efficiency It is essential to do the right things the right way. The efficiency of an organisation is based on the value of what is produced being higher than the actual cost of production. Change The capacity

develop their own operations, as long as they deliver on our Group-wide targets. The targets are based on generating growth combined with profitability. Profitable growth is achieved through ongoing d

to work both with demanding customers as well as leading global suppliers. Our unique culture is based on business acumen and high-tech expertise, combined with individual freedom and a willingness to [...] also encompasses a capacity for safeguarding their own company’s long-term profitability and growth based on transactions of benefit for all parties.

areas as well as their connection to the UN Sustainable Development Goals. Our three focus areas are based on the highest prioritised areas for both Addtech and our stakeholders. Sustainability for Addtech