World leading in industrial radio remote control

Facts as of March 31, 2021
NET SALES
98,7 %
EBIT
january-march 14 Msek
ACQUISITION
TIME
2021
BURE'S OWNERSHIP STAKE
98,7 %
REPRESENTATION
FROM BURE
Sophie Hagströmer (Chair),
Trolle Sahlström (Member of the board)
NET ASSET VALUE
734 Msek
SHARE OF BURE'S NET ASSET VALUE
4,2 %
Figures for 2019 are for the Group excluding Satmission, WSI &Smarteq

Allgon has a long history of working with wireless communication. In recent years, the company has focused on industrial radio control, a market in which the company is now one of the five largest operators globally. Industrial radio control has a range of applications in both the industrial as well as the construction and transportation sectors. The solutions offered by the company often play a central and business critical role in customer production and the safety of their employees. The global market for industrial radio control is driven by strong demand in all sub-markets. In recent years, the market has experienced an average growth of approximately 12 per cent. Radio control systems account for the majority of the Allgon turnover through the wholly owned subsidiaries, Tele Radio and Åkerströms. Allgon has more than 380 employees across 19 countries.