Ferronordic

Ferronordic is a service and sales company specializing in construction equipment and trucks. It operates as a dealer for Volvo CE in parts of the United States, Germany, and Kazakhstan, and represents other major brands like Hitachi and Renault Trucks. Established in 2010, Ferronordic has grown to operate 40 branches with approximately 800 employees. The company is listed on Nasdaq Stockholm and aims to lead in its markets by leveraging strong brand partnerships and a robust business model.

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1.01

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— Ferronordic
%
Construction Equipment Sales40% Sales of new and used construction equipment from brands like Volvo CE and Hitachi.
Truck Sales30% Sales of Volvo and Renault Trucks in Germany and other regions.
Aftermarket Services20% Sales of services and parts for equipment maintenance.
Rental Services10% Rental of construction equipment and trucks.

Ferronordic serves a diverse customer base primarily in the construction and transportation sectors...

  • Construction Companiesprimary

    Purchase construction equipment and services for project execution.

  • Logistics and Transport Firmsprimary

    Buy trucks and rely on service support for fleet management.

  • Contractorssecondary

    Require durable equipment for construction projects in challenging environments.

Ferronordic operates in the United States, Germany, and Kazakhstan, with a strong presence in nine states in the US and...

  • •Operations in nine US states with strong market potential
  • •Presence in Germany focusing on truck sales and service
  • •Activities in Kazakhstan targeting construction equipment sales
  • •Strategic geographic expansion to capture market opportunities
  • •Diverse market exposure balancing developed and emerging regions

Ferronordic's strategic priorities include leading the market in construction equipment and truck sales, expanding into...

01
Market Leadershipmedium-term

To dominate in construction equipment and truck sales.

02
Digital Platform Enhancementshort-term

To improve customer engagement and sales efficiency.

03
Geographic Expansionlong-term

To capture growth opportunities in new regions.

Ferronordic faces several operational and financial risks, including geopolitical and regulatory challenges in its...

high

US Trade Restrictions

Potential tariffs could impact equipment imports.

Materiality
high
medium

German Economic Downturn

Weak economic activity affects truck sales.

Materiality
medium
medium

Kazakhstan Regulatory Instability

Emerging market risks include regulatory changes.

Materiality
medium
Seasonal Revenue Fluctuations
high
Currency Translation
medium
IFRS 16
Lease Accounting (IFRS 16)
medium

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: 11/08/2026