Nimlas Group announces a successful 2022 and a strong start of 2023

Published 2 jun 2023

Nimlas Group announces a successful 2022 and a strong start of 2023

Nimlas Group, which was established in 2021, is reporting strong results for its first full year of operation. All countries have continued on an aggressive growth trajectory that increased Nimlas’ sales from 2021 by 32 % (75 % including Konstel).

The results 2022 are based on the strong performance and growth rates of the Swedish installation group Sandbäckens and the Finnish installation group QMG. At the end of December, Nimlas also announced the acquisition of the Norwegian electrical installation group, Konstel. This transaction was completed in early February 2023.

Despite a turbulent environment, Nimlas´ Nordic companies had a stable financial year with strong growth and good profitability. All countries have continued on an aggressive growth trajectory that increased Nimlas’ sales from 2021 by 32 % (75 % including Konstel). 

In 2022, Nimlas reached sales of (Pro Forma) MSEK 5,067 and an EBITA of MSEK 315 (6.2%). With Konstel included for 2022, sales were MSEK 6,733 MSEK and EBITA MSEK 471 (7.0%). The group currently has more than 3,500 employees in more than 100 companies in Norway, Sweden, and Finland. 

Read more and take part of Nimlas Annual report 2022.

For more information, welcome to contact

Mikael Matts, CEO 
Phone: +46 76 850 16 03
Email: mikael.matts@nimlasgroup.com