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Non Regulatory

Alimak Group announces completion of the new building in Saint-Hilaire and a significant payment from insurance

The Height Safety and Productivity Solutions division has successfully completed the reconstruction of its site in Saint-Hilaire, France. In the fourth quarter, the division finalized the related insurance indemnification process, contributing SEK 53 million.

In 2021, the production site in Saint-Hilaire, France, was partially destroyed in a fire. The successful reconstruction has now been concluded, and insurance carriers have confirmed the total indemnification, leading to a final payment of SEK 53 million. This will be recognized as a profit item affecting comparability in the fourth quarter.