06.11.2026

Flat YTD for Alimak

Swedish international hoist, mastclimber and façade access group Alimak has reported a flat nine months and weaker profits, in spite of the contribution from its July acquisition of Pro-Bel. There was however a strong pick up in the third quarter.

Year to date

Revenues for the nine months to the end of September edged up 0.3% compared to last year to SK5.2 billion ($526 million). Order intake did slightly better at SK5.14 billion ($520.2 million), up 0.9%.
Pre-tax profit declined 4%percent to SK645 million ($65.3 million).

The individual divisions were as follows:

Façade: revenues were flat at Sk1.47 billion ($156 million) with an operating profit of Sk216 million ($21.9 million) +30%

Construction: revenues came in 13.5% lower at SK997 million ($101 million) with an operating profit of SK89 million ($9 million) down 50%

Height Safety & Productivity Solutions: posted revenues of SK973 million ($98.5 million) a drop of 0.9%, while operating profit fell 2.6% to SK178 million ($18 million)

Industrial: Sk1.19 billion ($119 million) + 5.3% with an operating profit 0.4 % higher at SK288 million ($29.1 million)

Wind: Sk602 million ($60.9 million) +22.4% with an operating profit of Sk125 million ($12.6 million) +30%

Third quarter

Total revenues for the third quarter were Sk1.79 billion ($181 million) +15.6%, while Pre-tax profit increased 18% to Sk208 million ($21 million).

Façade: revenues were SK554 million ($56.1 million) +12.9% while operating profits jumped 59.4% to SK101 million ($10.2 million)

Construction: revenues were SK318 million ($32.2million) - 4.4% with a profit of SK22 million ($2.3 million) -50.3 %

Height Safety & Productivity Solutions:revenues improved 2.5% to Sk318 million ($32.2 million) with an operating profit of SK57 million (5.8 million) 0%

Industrial: Sk400 million ($40.5 million) +6.5% while the operating profit was SK99 million ($10 million) +6.9%

Wind: Sk202 million ($20.4 million)+26.1% with an operating profit of Sk39 million ($3.9 million) +29.8%

Chief executive Ole Kristian Jødahl said:”The group delivered solid order intake growth and improved profitability in the third quarter, despite continued challenging conditions in construction related markets. The integration of Pro-Bel progressed according to plan and contributed positively to both order intake and profitability during the quarter. The acquisition strengthens our position in attractive end markets and supports our strategy of building a more diversified and profitable business.”

“Strong organic growth in Wind and Industrial was offset by lower organic revenue in Construction, Facade Access and Height Safety & Productivity Solutions.”

“To further strengthen profitability and adapt our cost base to current market conditions, we are implementing cost reduction and efficiency activities across the group, while maintaining investments in strategic growth initiatives.”

“Construction remains our primary focus area for improvement, as results were again disappointing. We are taking decisive action to strengthen performance and profitability, while continuing to invest in attractive growth opportunities.”

“On the positive side, the division reported order intake growth for the second consecutive quarter, driven by strategic growth initiatives and increasing activity in selected markets.”