The Duni Group at a glance
CEO’s comments
“I think it’s incredibly exciting to be a part of the Duni Group’s transition to a more sustainable and customer-focused company. We don’t just do better business but can also contribute to a better society.”
No more flying trash cans
OUR BLUE MISSION
THE YEAR IN BRIEF
Implementation of our strategy and continued sustainability focus
BioPak introduction in the European market with the ArtCup series
In 2019, the first BioPak brand products are introduced in the Meal Service business area.
Acquisition of Horizons Supply Ptd.
A supplementary acquisition of Horizons Supply Ptd. is completed and it is consolidated in New Markets. The company’s business comprises sustainable packaging solutions in Australia.
Augmented reality app launched
A digital AR tool in the form of an app is launched under the name Duni Visualiser. The app makes it easy to visualize various table top concepts and also facilitates the customer’s purchase process.
Customer experience project in Switzerland
The Duni Group launches an E-commerce site for B2B customers in Switzerland that enhances the customer experience.
DuniInsight
DuniInsight, our employee survey, is conducted and the results show improvements in nearly every area compared with the previous employee survey.
Increase in sustainable product options
The Duni Group is expanding its already broad spectrum of plastic-free and sustainable alternatives to meet the continuing high demand from customers and contribute to a better environment.
Sponsor of Håll Havet Rent
The Duni Group initiates collaboration with Håll Havet Rent (Keep the Oceans Clean), a network that works towards oceans without plastic.
Carbon Footprint Tool
A digital tool that helps both the Duni Group’s sales staff and customers make environmentally-conscious choices is launched in the fall. The tool is called the Carbon Footprint Tool.
Close the Loop / Vinnova
The Duni Group participates in a project funded by Vinnova. The goal is to come up with ways to improve the collection of used take-away products and explore the possibilities for reuse and recycling.
Operating margin
9.6 %
The operating margin was 9.6 (8.7) percent
Net sales
SEK 5,547 m
Net sales increased to SEK 5,547 m (4,927)
Operating income
SEK 533 m
Operating income was SEK 533 m (430)
Dividend
In the year-end report for 2019, the Board of Directors proposed a dividend of SEK 5.00 (5.00) for 2019 As a result of the market turbulence caused by the COVID-19 pandemic, the Board of Directors resolved at an extraordinary board meeting on March 20 to propose that the Annual General Meeting not pay any dividend for 2019.
KEY FINANCIALS, SEK M 1), 2)
| 2019 | 2018 | 2017 | 2016 | 2015 | ||
| 2019 | 2018 | 2017 | 2016 | 2015 | ||
| Net sales | Nettoomsättning | 5,547 | 4,927 | 4,441 | 4,271 | 4,200 |
| Operating income*, SEK m | Operativt resultat* | 533 | 430 | 491 | 502 | 528 |
| Operating EBITDA* | Operativt EBITDA* | 762 | 583 | 630 | 632 | 656 |
| EBIT | Rörelseresultat, EBIT | 408 | 351 | 456 | 463 | 493 |
| EBITDA | EBITDA | 759 | 546 | 629 | 622 | 622 |
| Net income before tax | Resultat före skatt | 377 | 328 | 439 | 441 | 459 |
| Net income for the year | Årets resultat | 273 | 249 | 334 | 334 | 346 |
| Proposed dividend, SEK/Share | Föreslagen utdelning SEK/Aktie | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Equity | Eget kapital | 2,664 | 2,616 | 2,594 | 2,486 | 2,345 |
| Return on equity, % | Avkastning på eget kapital, % | 10.3% | 9.5% | 12.9 | 13.4 | 14.8 |
| Return on capital employed, % | Avkastning på sysselsatt kapital, % | 12.9% | 10.6% | 14.4 | 15.8 | 18.6 |
| Number of employees | Antal anställda | 2,398 | 2,477 | 2,362 | 2,279 | 2,082 |
1) Relates to continuing operations for 2015 and back in time. The discontinued hygiene products business has been recalculated and, in accordance with IFRS, is reported on a line after the net income for the period for continuing operations.
2) Key ratios for 2016 and onwards include non-controlling interests.