Bulten receives favorable judgment in customs dispute
The court overturns the Customs Board's decision on customs duty of approximately SEK 35 million, which entails a refund.
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Manufacturer of fastening solutions
bulten.comLast updated
In short: Bulten won a major customs dispute, reported improved margins despite sales challenges, and advanced its strategic shift toward global distribution.
The court overturns the Customs Board's decision on customs duty of approximately SEK 35 million, which entails a refund.
Net sales decreased to 1,254 MSEK. EBIT rose to 77 MSEK with 6.1% margin. CEO notes stronger profitability despite lower sales.
The meeting approves the accounts, grants discharge of liability, decides on no dividend, approves the remuneration report, re-elects board members and auditor, and authorizes share transactions and new share issue.
The contract supplies specialised kit sets for military vehicle powertrains with 51 configurations and VMI setup. It supports expansion in C-parts and value-added services.
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