The year in brief

Streamlining of operations and successful design

The operating margin increased to 12.6% (11.7%)

Net sales increased to SEK 4,200 (3,870) m

The Board of Directors proposes a dividend of SEK 5.00 (4.50) per share

Operating income increased to SEK 528 (452) m

1.3% growth

Excluding the hygiene products business, Duni’s organic growth is 1.3% in comparable currency.

Optimization through streamlining

The manufacture of hygiene products ends in March 2015. All airlaid production is moved to Rexcell’s plant in Skåpafors.

Materials development

Decision taken to invest SEK 110 m in the tissue operations at Rexcell in Skåpafors.

New vision

A new vision is launched describing Duni’s ambition always to deliver Goodfoodmood® for every occasion where food and drink are served.

New design awards

Duni is awarded the prestigious Red Dot Award and A’ Design Award accolades for a collection of plates and bowls.

Eco-conscious product range

The ecoecho® range is expanding and continuing to win market shares.

Eco-conscious plastic

Launch of several products made of recyclable and environmentally conscious bioplastic.

Designs for Duni® are successful

The new design cooperation with byGraziela is launched with great success.

Successful sponsoring

In January, the eyes of the gastronomic world were set on Lyon and the Bocuse d’Or final. As a sponsor partner, Duni has the possibility to obtain on-site exposure and support the Swedish representative, Tommy Myllymäki, who eventually took bronze.

New chef collaboration

Duni commences collaboration with Titti Qvarnström. In 2015, she became the first Swedish female chef to be awarded a Michelin star.

Key ratios, SEK m 1)

2015

2014

2013

2012

2011

Net sales

4 200

3 870

3 349

3 268

3 399

Operating income*

528

452

369

355

403

EBITDA*

656

572

473

454

496

Net income before tax

459

414

334

218

358

Net income for the year

346

302

254

137

261

Proposed dividend, SEK/Share

5,00

4,50

4,00

3,50

3,50

Shareholders’ equity

2 345

2 193

2 099

2 051

2 082

Return on equity, %

14.75

13.77

12.10

6.68

12.54

Number of employees

2 082

2 092

1 902

1 875

1 888


* Operating income and EBITDA are adjusted for non-recurring items. Comparison figures for 2012 are recalculated in according with new accounting principles.

1) Relates to continuing operations for all periods. The discontinued hygiene products business has been recalculated and reported in accordance with IFRS on a line after the net income for the period for the continuing operations.

 

Net sales and operating income, SEK m