# Alimak Group

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/alimakgroup).

## Overview

Alimak Group is a global provider of sustainable vertical access and working at height solutions, headquartered in Stockholm, Sweden. Founded in 1948, the company specializes in developing, manufacturing, selling, and servicing equipment that enhances safety, productivity, and cost efficiency. With operations in over 120 countries, Alimak Group leverages its technology leadership to offer customized solutions that are energy efficient and built to last. The company is listed on Nasdaq Stockholm and employs approximately 3,000 people worldwide.

## Products & services

• Vertical access solutions
• Working at height solutions
• Rack and pinion elevators
• Wire rope hoists
• Personal protective equipment
• Confined space access equipment

- **Vertical Access Solutions** (45%) — Includes rack and pinion elevators and hoists
- **Height Safety & Productivity Solutions** (25%) — Comprises safety equipment and systems
- **Industrial Division** (21%) — Focuses on industrial applications and services
- **Facade Access** (9%) — Solutions for building maintenance and access

- Vertical access solutions
- Working at height solutions
- Rack and pinion elevators
- Wire rope hoists
- Personal protective equipment
- Confined space access equipment

## Customers

Alimak Group serves a diverse range of customer segments, primarily in the industrial, construction, and infrastructure sectors. The company's solutions are designed to meet the needs of customers seeking enhanced safety, productivity, and sustainability. Key customer segments include energy, construction, and telecoms, with a strong focus on industries requiring reliable access solutions. The company's customer-centric approach emphasizes understanding specific needs to deliver tailored solutions that add value.

- **Industrial** (primary) — Buys vertical access solutions for safety and productivity
- **Construction** (primary) — Requires efficient and safe access solutions
- **Energy** (secondary) — Focuses on safety and productivity enhancements
- **Telecom** (emerging) — Needs specialized access equipment

- Industrial customers seeking reliable access solutions
- Construction companies requiring safe and efficient vertical access
- Energy sector clients focused on safety and productivity
- Telecom companies needing specialized access equipment
- Infrastructure projects requiring durable and sustainable solutions

## Geography

Alimak Group operates globally, with significant presence in EMEA, APAC, and the Americas. The company generates 49% of its revenue from EMEA, 32% from the Americas, and 19% from APAC. Its global network of sales offices, distributors, and service partners ensures proximity to customers and supports long-term relationships. This geographic diversity helps mitigate regional risks and allows the company to capitalize on growth opportunities in various markets.

- **EMEA** (49%)
- **Americas** (32%)
- **APAC** (19%)

- Headquartered in Stockholm, Sweden
- Operations in over 120 countries
- 49% revenue from EMEA, 32% from Americas, 19% from APAC
- Global network of sales offices and distributors
- Presence in North America, Europe, Asia, and Australia

## Strategy

Alimak Group's strategy focuses on customer obsession, technology leadership, operational efficiency, and a commitment to people. The New Heights programme, launched in 2020, aims to create a sustainable, resilient, and profitable industrial company. The company emphasizes decentralization to empower local decision-making and enhance agility. Strategic priorities include expanding product and market diversification, enhancing digitalization, and maintaining a strong focus on safety and sustainability.

- **Expand product and market diversification** (medium-term) — To reach untapped market segments
- **Enhance digitalization** (long-term) — To increase customer value and operational efficiency
- **Maintain focus on safety and sustainability** (long-term) — To ensure safe usage and reduce carbon footprint

- Customer obsession to understand and meet specific needs
- Technology leadership for innovative and efficient solutions
- Operational efficiency to improve margins and profitability
- Decentralized structure for agile decision-making
- Focus on safety and sustainability in all operations

## Risks

Alimak Group faces several strategic risks, including competition, economic downturns, and geopolitical uncertainties. The company competes with regional and local players across its product lines and markets. There is a risk of not successfully executing its strategy, which could impact profitability and market share. Additionally, statutory requirements and climate-related physical risks pose challenges. The company mitigates these risks through strategic planning, diversification, and compliance initiatives.

- **Competition from regional and local players** [high] — Direct competition in all product lines and markets
- **Economic downturns** [high] — Affects global demand for products
- **Geopolitical uncertainties** [medium] — Impact on global operations and supply chains
- **Statutory requirements** [medium] — Compliance with international and local laws

- Competition from regional and local players
- Economic downturns affecting demand
- Geopolitical uncertainties impacting operations
- Risk of unsuccessful strategy execution
- Statutory requirements and compliance challenges
- Climate-related physical risks at manufacturing sites

## Accounting

Alimak Group's financial statements are influenced by critical accounting matters such as revenue recognition and the use of non-IFRS measures. Revenue is recognized based on the timing of delivery and service completion, which can affect quarterly results. The company uses non-IFRS measures to provide supplemental insights into performance, which may differ from IFRS results. Investors should consider these factors when analyzing financial statements, as they impact comparability and performance assessment.

- **Revenue recognition timing** — high
- **Non-IFRS measures** — medium

- Revenue recognition based on delivery and service completion
- Use of non-IFRS measures for performance insights
- Impact of revenue timing on quarterly results
- Comparability affected by non-IFRS measures

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*Last updated: 2026-08-11T04:04:50.801941+00:00*