Höganäs reports improved sales

July 20, 2010

Swedish powder manufacturer Höganäs AB reported net sales up 65% year on year in its January to June 2010 interim report.

CEO, Alrik Danielsson, stated that, “The market continued to improve across most of our regions in the second quarter. But the demand conditions for the remainder of 2010 remain uncertain, especially in Europe. Höganäs has retained its sharp cost focus over the sales recovery of the past 12 months, which has resulted in gradual income gains, giving us strength for our future.”

During this period initiatives to develop applications based on metal powder technology have resulted in Höganäs launching  a new generation of highly efficient and very compact electric motors, developed especially for electric bicycles and light vehicles.

Höganäs believe that while the market is strong in Asia and South America, a gradual recovery at an uncertain rate is expected in North America. They predict that underlying demand in Europe will remain weak.

Net sales between January and June 2010 were SEK 3.331 million (SEK 2.014 million in 2009) up 65% year on year with sales volumes 72% higher. Operating income was SEK 615 million (SEK 57 million in 2009) and income after tax was SEK 453 million (SEK 53 million in 2009).



Recent issue of Powder Metallurgy review - your go-to resource to stay updated on the world of powder metallurgy and metal powders

In the latest issue of PM Review…

PM Review Spring 2023

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • GKN Powder Metallurgy: A strategic vision for the future of permanent magnets for EVs
  • Building trust in the Powder Metallurgy industry: The role of standardisation and an update on recent work by ISO/TC 119
  • High-volume powder production for Additive Manufacturing: SMS group’s continuous metal powder production process
  • Development of enhanced-performance PM brake pads for high-speed trains by Beijing Tianyishangjia New Material Corp., Ltd.
  • The START project: Creating a sustainable supply chain for green energy harvesting products by Powder Metallurgy
  • World PM2022: Reviewing three innovative methods for metal powder production

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link