Bo Annvik

President and CEO, Indutrade

Search every verified Bo Annvik interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Bo Annvik, President and CEO of Indutrade, said the company's latest quarterly report showed order intake above consensus and a 5 percent organic sales increase, which he described as "very strong" given the business climate. He noted a near 20 percent rise in operating profit and a 23 percent increase in earnings per share, with an operating margin of 14.7 percent. Annvik attributed the performance to higher volumes, solid gross margins, and cost pass-throughs, and pointed to demand from gas power plants and data-center cooling as supporting factors. Annvik stated that the Infrastructure and Construction segment remains weak, but the company has managed margins through cost control and capital management while waiting for a revenue lift. He said Scandinavia has been the main driver in recent quarters and expressed optimism about continued sales growth in the second half, citing a strong order book and improving book-to-bill ratio. He acknowledged that some U.S. pharmaceutical companies have postponed investments in Ireland due to trade barriers, leaving the life science segment moving sideways.