Foreign exchange exposure
Components are often purchased in original currency while sales may be in other currencies.
- Scope
- USD and EUR transaction exposure
- Materiality
- high
Inission
Inission AB is a Swedish industrial group that provides contract manufacturing and OEM solutions for electronic and mechanical products. Its operations span the product lifecycle from development and industrialization through series production and aftermarket support, with a decentralized footprint across Northern Europe, the Baltics, Tunisia, and selected international locations.
1.47
0.66
| % | |
|---|---|
| EMS contract manufacturing | 70% Build-to-spec manufacturing of electronic and mechanical products for industrial customers. |
| Development and industrialization | 10% Engineering, design support, and production preparation services across the product lifecycle. |
| OEM power supply and systems | 15% Own-branded and designed power supply and system products sold through the OEM business. |
| Aftermarket and support services | 5% Lifecycle support, service, and related post-production customer offerings. |
Inission sells mainly to demanding industrial customers in Northern Europe, with end markets including industry,...
- Industrial OEMsprimary
Buy contract manufacturing and lifecycle support for electronic and mechanical products.
- Medtechsecondary
Buy quality-sensitive electronics and assemblies where reliability and traceability matter.
- Communications and IoTsecondary
Buy connected-device and electronics manufacturing for products that require scale and precision.
- Electrificationsecondary
Buy components and systems tied to charging and infrastructure applications.
- Defense and marine/offshoresecondary
Buy specialized industrial electronics and assemblies for demanding operating environments.
Inission is headquartered in Karlstad, Sweden, and its manufacturing footprint is spread across Sweden, Norway,...
- •Headquartered in Karlstad, Sweden
- •Production sites across Sweden, Norway, Finland, Estonia, Lithuania, and Tunisia
- •Offices in Helsinki, Ancona, and New Jersey
- •Northern Europe is the core customer and production base
- •Tunisia adds a North African manufacturing location
- •Distributed footprint supports local delivery and flexibility
Inission’s strategy centers on customer intimacy, flexibility, and precision across the full product lifecycle...
01
Customer-specific flexibilityshort-term
The business model depends on adapting production and services to each customer’s needs.
02
Decentralized specializationmedium-term
Different subsidiaries are designed to complement each other and improve operational resilience.
03
Quality and delivery precisionshort-term
Reliable execution is central to retaining industrial customers and winning repeat business.
04
Lifecycle value creationlong-term
Serving customers from development through aftermarket deepens relationships and increases switching costs.
Inission’s main risks come from its dependence on component availability, foreign exchange exposure, and...
Component shortages and supply disruption
Customer-specific materials can be difficult to source and can delay production.
- Scope
- Electronics supply chain
- Materiality
- high
Inventory obsolescence
Slow-moving stock without orders may require write-downs.
- Scope
- Customer-specific materials and spare parts
- Materiality
- medium
Geopolitical and trade risk
Tariffs, regional conflict, and semiconductor supply concentration can affect operations.
- Scope
- US tariffs, China/Taiwan, Iran/Russia-Ukraine spillovers
- Materiality
- medium
Customer demand cyclicality
Industrial end markets can slow or shift, affecting factory utilization.
- Scope
- Industrial, medtech, marine, communications, defense
- Materiality
- medium
Revenue recognition for contract manufacturing
Can shift revenue between periods
Inventory obsolescence provisions
Affects gross margin and working capital
Goodwill impairment
Can create non-cash write-downs
Intangible asset amortization
Affects operating profit and asset values
Lease accounting
Changes leverage and EBITDA presentation
Derivative and FX hedge accounting
Can affect volatility in earnings and equity
: 11/08/2026