Delivering product leadership and increasing our ambition for the future
In 2022, Stiga successfully navigated a rapidly changing environment, adapting to ensure business continuity and performance, while strengthening the Group’s technology leadership. We encountered significant uncertainties in a market that presented more and bigger challenges than ever before. These included the increasingly widespread economic downturn, global inflation, sluggish demand and geopolitical uncertainties due to the Russia-Ukraine conflict. Stiga managed to overcome these unprecedented circumstances by investing in research and development – creating value with our disruptive products to enrich the everyday lives of our customers. We emerged stronger, having introduced innovative technologies and entered new categories, driving revenue. Looking back on an eventful 12 months, I’m pleased with the progress we’ve made together in such demanding circumstances while remaining focused on our strategic imperatives.