We have been in business for more than 70 years, and a lot has changed. But our goal remains – to operate in the recycling industry with a long-term perspective in everything we do. To live up to that goal requires the ability to develop, commitment and, not least, knowledge and understanding of the business.
The Covid pandemic has been accompanied by historical volatility in terms of iron and metal scrap prices. At the same time, we have faced rarely seen logistical challenges. We have mainly experienced a very strong demand for material from the steel industry and metalworks both in Sweden and globally, something that has contributed to strong sales in all Järnmalmer’s product categories.
The Järnmalmer Group’s sales increased by around 30% to SEK 900 million during the 2020/2021 financial year, our highest figure ever. The profit after net financial items reached SEK 34.98 million. The equity/assets ratio was 73%, with a balance sheet total of SEK 173 million.
