Höganäs reports positive start to 2011 and high investment in R&D

April 27, 2011

Höganäs AB has reported a strong start to 2011, with net sales during the first quarter up 14% year on year to MSEK 1,770 (€198m). Sales volumes were 11% higher and demand conditions were better than in the corresponding period of the previous year in all regions. The sequential volume increase (compared to the preceding quarter) in Europe and America was very positive stated the company.

“After a record 2010, Höganäs began 2011 with robust growth despite strong comparables from the first quarter 2010”, stated CEO Alrik Danielsson. “2010 came to a very strong conclusion on growth markets, while more mature markets were less robust. Consequently it is pleasing to note that Europe and North America largely led volume growth in the first quarter.”

“Operating margin improved compared to the fourth quarter 2010 and was very strong. Although the margin was even better in the corresponding period of the previous year, we benefitted from a significantly weaker Swedish krona at that time. Metal price inflation also dilutes our margin in percentage terms, even if it only has a limited impact on income in absolute terms.” added Danielsson.  

The start to 2011 is also characterised by Höganäs’ sustained high investments in research and development, mainly in component solutions for new electromagnetic applications and in powder based gear wheels for gear boxes.


| Articles | Market reviews | Search directory | Subscribe to e-newsletter



Powder Metallurgy Review magazine cover

In the latest issue of PM Review…

Download PDF

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

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

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

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


Share via
Copy link