OEM-BNasdaq StockholmIndustrialsIFRS · SEK

OEM International

OEM International is a Swedish technology trading group that connects industrial component manufacturers with customers in selected markets across Northern Europe, East Central Europe, the British Isles and China. The company operates through local subsidiaries and business units, offering a broad range of components and systems for industrial applications.

Revenue116m SEK
−97.8 %y/y
Operating profit (EBIT)15.0m SEK
−98.0 %y/y
EBIT margin12.9%
−1.6 ppy/y
Net income593m SEK
−2.2 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

02,0004,0006,000m SEK2021: 3,774 m SEK2021: EBIT 578 m SEK20212022: 4,731 m SEK2022: EBIT 735 m SEK20222023: 5,145 m SEK2023: EBIT 782 m SEK20232024: 5,239 m SEK2024: EBIT 763 m SEK20242025: 116 m SEK2025: EBIT 15 m SEK202511615
RevenueOperating profit (EBIT)

Business

Share of revenue
Electrical components25 %

Components used in industrial electrical systems, control, and automation applications.

Machine components & cables20 %

Mechanical parts, cabling, and related industrial supply products for equipment builders.

Pressurised & hydraulic components15 %

Hydraulic and pressure-related components used in machinery and industrial systems.

Motors, bearings & brakes15 %

Motion, power transmission, and braking products for industrial equipment.

Appliance & installation components15 %

Parts used in appliances, installations, and related technical assemblies.

Logistics and value-added services10 %

Warehousing, delivery service, and technical sales support around the product offering.

Customers

OEM sells mainly to manufacturing customers that need industrial components for equipment, machines, and technical installations. Its customer base also includes wholesalers and building-related channels in some markets, with buying decisions driven by product availability, technical fit, delivery reliability, and application support.

Machine and equipment manufacturers

Buy industrial components and systems for machinery, where OEM's technical selection support and delivery service matter.

Industrial manufacturing companies

Purchase components for production equipment and maintenance, valuing breadth of range and local sales support.

Wholesalers and distribution channels

Buy selected product lines for resale in electrical, HVAC and building-related markets.

Contract manufacturers

Source components for outsourced production, often with demand tied to customer-specific manufacturing decisions.

Building and infrastructure-related customers

Buy installation and technical components used in construction, energy and related applications.

Strategy

OEM's strategy centers on growth through organic expansion, acquisitions and geographic broadening, supported by a local sales model and close supplier collaboration. The company also emphasizes logistics, product range development and customer-specific technical support to strengthen its position in selected niches.

Organic growthMedium term

Increasing share in existing markets supports scale and deepens customer relationships.

AcquisitionsMedium term

Acquisitions can accelerate market entry and add products or capabilities.

Geographic expansionLong term

Entering new markets can extend the local model into additional niches.

Customer offering and product developmentShort term

A broader, locally adapted range improves relevance and switching costs.

Logistics and service qualityShort term

Reliable warehousing and delivery service are central to the value proposition.

Geography

OEM is headquartered in Tranås, Sweden, and operates through subsidiaries in 16 countries across Northern Europe, East Central Europe, the British Isles and China. The business is organized into local operating units, which makes market presence, supplier relationships and logistics execution important to each country or region.

Risks

OEM faces supply-chain, transport and weather-related risks because it depends on a broad network of manufacturers and physical product flows to customers. As a trading group with decentralized local operations, it is also exposed to supplier concentration, product liability, regulatory compliance and execution risk in different markets.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Extreme weather disrupting supply chain and facilities1Extreme weather delaying product transport to customers2Inadequate product labeling and safety information3Supplier and transport-related environmental exposure4Decentralized governance and compliance inconsistency5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Extreme weather disrupting supply chain and facilitiesImpact: HighLikelihood: Medium

    OEM relies on physical sourcing, warehousing and transport across multiple countries.

    Exposure: Upstream supply chain and own facilities

  2. Extreme weather delaying product transport to customersImpact: HighLikelihood: Medium

    Delivery service is central to the business model, so transport interruptions affect service levels.

    Exposure: Downstream logistics

  3. Inadequate product labeling and safety informationImpact: MediumLikelihood: Medium

    OEM sells components that are incorporated into finished products, so errors can create downstream safety issues.

    Exposure: Own operations and downstream use

  4. Supplier and transport-related environmental exposureImpact: MediumLikelihood: Medium

    The model depends on third-party manufacturing and road transport, which increases emissions and regulatory exposure.

    Exposure: Upstream and logistics chain

  5. Decentralized governance and compliance inconsistencyImpact: MediumLikelihood: Low

    The group operates through many local units, which can make control and culture harder to standardize.

    Exposure: Group-wide operations

Accounting

Judgemental items
Revenue recognition for goods sold

Revenue is booked when control transfers, so shipping terms and delivery timing matter.

Impact: Affects quarterly revenue timing and comparability

Volume rebates and market contributions

Management estimates these deductions at sale, reducing reported revenue.

Impact: Can change gross sales to net sales conversion

Returns and refund liabilities

Expected returns are estimated from customer and product history.

Impact: Affects revenue, liabilities and inventory recovery assets

Goodwill and acquisition-related intangibles

The group grows partly through acquisitions, creating impairment-sensitive assets.

Impact: Can materially affect earnings if acquired businesses underperform

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

OEM International (XSTO) – Industrials | Financial Analysis – Clarifo