Sweden reached in 2018 all times high ever in both turnover and profit. The total turnover reached 25,9 MEUR which is about 25% higher than ever reached before.
But not only the sales was good, so was also the profit. The achieved EBITDA was 4,6 MEUR, almost 18% of the turnover and the best result in history. Ten years ago the EBITDA was stable around 1,3 MEUR, so the company has experienced a nice development since then.
Lucchini Sweden is responsible for the area Sweden, Norway, Denmark and Finland. About half of the sales is spare wheels, and half is overhaul of wheelsets and gearboxes. It is especially the wheelset and gearbox overhaul that is growing. A new area is bogie overhaul, and a recently won contract will increase the bogie business during 2019.
Lucchini Sweden has been awarded a contract for overhaul of both wheelsets, gearboxes and bogies for the Alstom CoradiaNordic X62-fleet in northern Sweden.
The wheelset overhaul of Coradia Nordic is well known to LSE, but the overhaul of the Voith gearbox is new, so is also the bogie overhaul.
The new project will start in beginning of the summer.
Lucchini Sweden AB Managing Director