# HAKI Safety A

> 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/hakisafetya).

## Overview

HAKI Safety AB is a Swedish company specializing in providing comprehensive safety solutions for work zones, system scaffolds, and digital and technical solutions. The company has undergone a strategic transformation from a conglomerate to a focused industrial group, expanding its product offerings and geographical reach. Recent acquisitions, such as Semmco Group and Trimtec, have broadened its market exposure and product range, particularly in the aviation, train maintenance, and geodesy sectors. HAKI Safety aims to create safe working conditions in challenging environments, leveraging its expertise in safety solutions and technical support.

## Products & services

• Work zone safety solutions
• System scaffolds
• Digital and technical solutions
• Aircraft and train maintenance platforms
• Surveying instruments and equipment
• Training and service contracts

- **Work Zone Safety** (35%) — Includes catchfans, barrier systems, fall protection, platforms, and stairs.
- **System Scaffolds** (30%) — Comprises system and frame scaffolding, weather protection, and stair solutions.
- **Digital Solutions** (20%) — Offers surveying instruments, construction laser tools, and bespoke platforms.
- **Maintenance Platforms** (15%) — Provides access platforms and steps for aircraft and train maintenance.

- Work zone safety solutions
- System scaffolds
- Digital and technical solutions
- Aircraft and train maintenance platforms
- Surveying instruments and equipment
- Training and service contracts

## Customers

HAKI Safety serves a diverse range of customers, including construction companies, industrial firms, and public sector entities that require robust safety solutions for temporary workplaces. The acquisition of Semmco has expanded its customer base to include international aviation and train companies, who rely on HAKI's products for safe and efficient maintenance operations. The company also targets geodesy professionals and organizations needing precision equipment for cadastral and mapping purposes. HAKI's comprehensive service offerings, including training and maintenance contracts, appeal to customers seeking end-to-end safety solutions.

- **Construction Companies** (primary) — Purchase work zone safety solutions and scaffolds for temporary workplaces.
- **Aviation and Train Companies** (secondary) — Use maintenance platforms and steps for safe operations.
- **Geodesy Professionals** (emerging) — Require precision equipment for surveying and mapping.

- Construction companies seeking work zone safety solutions
- Industrial firms needing system scaffolds and safety equipment
- Aviation and train companies requiring maintenance platforms
- Geodesy professionals using precision surveying equipment
- Public sector entities focused on workplace safety
- Organizations needing comprehensive safety training and support

## Geography

HAKI Safety has a strong presence in the Nordic region, with significant operations in Sweden, Denmark, and Norway. The recent acquisition of Semmco has expanded its geographical footprint to the UK and the USA, enhancing its market reach in the aviation and train maintenance sectors. The company also operates in other European markets, including France and Austria, and has a growing presence in Canada. This geographical diversification helps mitigate risks and supports the company's growth strategy by tapping into new markets and customer segments.

- **Nordics** (60%) — Includes Sweden, Denmark, and Norway

- Strong presence in Sweden, Denmark, and Norway
- Expanded footprint in the UK and USA through Semmco acquisition
- Operations in France and Austria, enhancing European market reach
- Growing presence in Canada, diversifying geographical exposure
- Geographical diversification mitigates risks and supports growth

## Strategy

HAKI Safety's strategic priorities focus on expanding its product range and geographical reach through acquisitions and organic growth. The company aims to enhance its market position in the work zone safety and maintenance platform sectors by integrating newly acquired businesses like Semmco and Trimtec. HAKI is also investing in digital solutions to offer comprehensive safety and efficiency tools. By broadening its customer base and entering new market segments, the company seeks to increase its resilience against market fluctuations and drive long-term growth.

- **Product Range Expansion** (medium-term) — To offer comprehensive safety solutions and capture new markets.
- **Digital Solutions Investment** (long-term) — To provide advanced safety and efficiency tools.

- Expand product range through strategic acquisitions
- Enhance market position in safety and maintenance platforms
- Invest in digital solutions for comprehensive safety tools
- Broaden customer base and enter new market segments
- Increase resilience against market fluctuations

## Risks

HAKI Safety faces several business and financial risks, including market fluctuations in the construction and industrial sectors, which can impact demand for its safety solutions. The integration of acquired companies like Semmco and Trimtec poses operational and financial challenges. Currency exchange rate fluctuations also affect the company's international operations and financial results. Additionally, the company must navigate regulatory changes in safety standards across different regions. These risks are mitigated by HAKI's geographical diversification and strategic focus on expanding its product offerings.

- **Market Fluctuations** [high] — Demand for safety solutions is tied to construction and industrial activity.
- **Integration Challenges** [medium] — Acquired companies require effective integration to realize synergies.
- **Currency Fluctuations** [medium] — International operations expose the company to exchange rate risks.

- Market fluctuations in construction and industrial sectors
- Operational challenges in integrating acquired companies
- Currency exchange rate fluctuations impacting results
- Regulatory changes in safety standards across regions
- Geographical diversification mitigates market risks

## Accounting

HAKI Safety's financial statements are prepared in accordance with IAS 34 and the Swedish Annual Accounts Act, with no material impact from recent IFRS amendments. The company uses alternative performance measurements like Adjusted EBITA and EBITDA to provide additional insights into its financial performance. Revenue recognition timing and methods are critical, especially with the integration of acquisitions like Semmco. The company also faces seasonality and quarterly fluctuations in revenue, impacting financial comparability. Investors should consider these factors when analyzing HAKI's financial statements.

- **Revenue Recognition**
- **Seasonality and Quarterly Fluctuations**

- Prepared in accordance with IAS 34 and Swedish Annual Accounts Act
- No material impact from recent IFRS amendments
- Uses alternative performance measurements like Adjusted EBITA
- Revenue recognition timing is critical with acquisitions
- Seasonality and quarterly fluctuations affect comparability

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*Last updated: 2026-08-11T04:04:53.026747+00:00*