Höganäs

Operations

Höganäs is the world’s leading supplier of metal powder, with customers in 75 countries. The Components business area (slightly more than 70% of sales) produces press powder for component manufacturing, mainly in the automotive industry, but also in the consumer products industry.

Metal powder is used in the manufacture of engines, gearboxes, electric tools, household appliances and locks, among other things. Press powder increases flexibility and makes components cheaper, more lightweight and more energy-efficient. The Consumables business area (just under 30% of sales) covers metal powder used in processes, such as in producing metals, as additives in chemical processes – such as brazing, welding and surface coating – and for water and air treatment.

At its core, Höganäs’s potential lies in the major opportunities presented by metal powder to develop better, less costly or entirely new products in many areas. Through its new prototype center, Höganäs is driving development towards greater use of metal powder. At the center, Höganäs’s metal powder experts work closely with customers and end users to concretize new business opportunities.

Höganäs - Our ownership perspective

Market leader in a growing niche of metal powders, used primarily for component manufacturing in the automotive industry.

• Industry leader in cost- and production efficiency.
• Increased activity in geographic growth regions.
• Focus on development of new components in collaboration with customers.

Ownership focus

Broadened product offering generating growth and improved profitability.

Höganäs - Performance 2010

• Sales recovered during the year, and net sales rose 46% to SEK 6.7 billion (4.6).
• Income after financial items rose 400% to SEK 1.1 billion (0.3).
• Net debt-equity ratio fell to 24% (43%).
• Strong development in growth markets.
• Continued strategic investments in R&D.