Today at 2.00 pm CET, Alleima will host its Capital Markets Day in Stockholm, Sweden.

At the Capital Markets Day, Göran Björkman, President and CEO and Olof Bengtsson, CFO, will provide an update on the company’s performance and present the strategic focus areas, key achievements and ambitions going forward. Robert Stål, President of Kanthal, will present the Kanthal division and how it plays an important role in the continued development of Alleima. The overall strategy and financial targets remain the same and focus going forward will be on capturing opportunities to accelerate profitable growth.

“Alleima is a niche-player with a premium offering, based on leading metallurgy. We are well positioned to capture significant profitable growth opportunities in high-value markets. During recent years, we have improved our financial performance by increased profitability and reduced volatility, and we have clear opportunities to continue to strengthen the company”, says Göran Björkman, President and CEO of Alleima.

Profitable growth and capital allocation

The profitable growth strategy is based on capitalizing on global megatrends, such as a growing demand for energy, the shift to fossil-free energy and energy-efficiency, electrification, as well as a growing and an aging population driving the development of new healthcare technology. Alleima has four targeted customer segments: Chemical and Petrochemical, Hydrogen and Renewable Energy, Industrial Heating and Medical, which are the key focus areas of the capital allocation strategy to generate growth through business development, investments as well as M&A. The four segments have in general stronger market positions, higher growth rates, better profitability, lower capital intensity and better resilience than the Alleima average.

Alleima’s ambition is to increase the targeted segments’ total share of revenues from 32% in 2022 to 45% in 2030.

Increasing capacity in silicon carbide heating elements

Demand for electrical heating solutions is growing, driven by several industries, such as lithium-ion battery manufacturing, electronics, display glass, and solar panels. To capture this growth, Alleima’s Kanthal division is increasing its existing silicon carbide heating element (SiC) capacity in Perth, UK. Kanthal will also invest in a new service center on the existing production site in Concord, US, to conduct finishing operations for SiC for the US market. The investment is estimated to approximately SEK 100 million between 2024-2025, and will increase the production capacity by approximately 40%. Production is expected to be fully operational by 2026.

Historical financial performance since 2015

Alleima has built a solid financial foundation and proven its financial resilience though the business cycle in recent years, with increased profitability reduced volatility. Alleima has published yearly historical revenues and adjusted EBIT of Alleima Group and its divisions from 2015 and onwards on Alleima’s website.

Agenda (approximate timings, all in CET pm)

2:00 – Alleima - Advancing Together: Göran Björkman, President and CEO

3:00 – Financial performance: Olof Bengtsson, CFO

3:30 – Break

4:00 – Division Kanthal: Robert Stål, President Kanthal

4:30 – Q&A

5:00 Mingle (for on-site participants only)

Dial in details for the conference call and webcast link:

Sweden: +46 (0)8 5051 0031

UK: +44 (0) 207 107 06 13

United States: +1 (1) 631 570 56 13

The Capital Markets Day will be broadcasted live starting at 2 pm CET on Alleima’s website, and a recording of the webcast will be published after the event.

Sandviken, November 14, 2023

Alleima AB (publ)

Contact details

Emelie Alm, Head of Investor Relations
Phone: +46 (0) 79 060 87 17

Yvonne Edenholm, Press and Media Relations Manager
Phone: +46 (0) 72 145 23 42

About Alleima
Alleima AB, is a global manufacturer of high value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating. Based on long-term customer partnerships and leading materials technology, we develop products for the most demanding applications and industries. Our offering includes products like seamless steel tubes for the energy, chemical and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes. It also includes ultra-fine wires for medical and micro-electronic devices, industrial electric heating technology and coated strip steel for fuel cell technology for cars, trucks, and hydrogen production. Our fully integrated value chain, from R&D to end-product, ensures industry-leading technology, quality, sustainability, and circularity. Alleima, with headquarter in Sandviken, Sweden and revenues of SEK 18.4 billion in 2022, has approximately 5,900 employees and customers in approximately 90 countries. Alleima was listed on Nasdaq Stockholm on August 31, 2022 under the ticker ‘ALLEI’. Learn more at