Haldex has unveiled net sales for 2014 of SEK4.4bn (US$523m) equivalent to growth of 12% compared with the same period of the previous year.

After currency adjustments, net sales increased by 8%, while fourth quarter sales amounted to SEK1.1bn, equivalent to growth of 10% after currency adjustments.

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We grew faster than the market in 2014 and also improved our profitability to a level Haldex has not seen in many years,” said Haldex president and CEO, Bo Annvik.

“We have worked on streamlining and concentrating our business over the past two years and we are now seeing the results of these efforts.”

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