For more than 15 years, we have experienced a generally positive turnover development and delivered on our overall growth ambitions. While market conditions varies over the years – from the aftermath of the financial crisis to more recent periods of inflation and global uncertainty – we continue to develop our business and strengthen our production platform.
Over time, we have invested in new technologies, production capacity and the continued development of our setup. From 2019 onwards, our growth has accelerated, supported by increased consumer interest in outdoor activities during the Corona pandemic. This also led to the establishment of factory no. 3 in An Giang, South Vietnam.
In the following years, market conditions has become more unstable. At the same time, several of our customers have experienced strong growth in Asia, which also contribute to organic growth for us and supported continued business activity across our platform.
The figure below illustrates our turnover development in the period 2017–2027(e).
