Malmbergs Elektriska AB (publ) (MEAB-B.ST)

43.00 -2.00 (-4.44%) At close: 04:27PM CEST

Malmbergs Elektriska AB (publ)

West Bangatan 54
Box 144
Kumla 692 23
Sweden
46 19 58 77 00
https://www.malmbergs.com

Sector(s): Technology
Industry: Electronics & Computer Distribution
Full-time employees: 179

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Johan Folke	President, CEO & Director	2.71M	N/A	1977
Ms. Lena Rutstrom	Chief Financial Officer	N/A	N/A	1964
Ms. LieseLotte Andersson	Human Resource Manager	N/A	N/A	1954
Mr. Claus Stahl Borghegn	Chief Executive Officer of Denmark	N/A	N/A	1968

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SEK.

Description

Malmbergs Elektriska AB (publ) supplies electric materials for contractors, industries, and retailers in Sweden and internationally. Its luminaries products include accessories and spare parts, downlights/spotlights, emergency lighting products, home appliances, industry luminaries, interior luminaries, lamps, lighting fixtures, outdoor/street fixtures, and transformers and surge products. The company's automation products comprise motors, limit switches and pressure controls, push buttons, relays, contactors and starters, safety and starter switches, and terminal blocks/jumpers. Its installation products include cable trunkings and protectors, dimmers/CEE plugs and sockets, enclosures for consumer units, fixings and fasteners, fuses and wiring accessories, junction boxes and cabinets, kWh meters, plumbing, remote switches, switches and sockets, and transformers and surge protects, as well as MCB's, RCCB'S, etc. The company also provides heating and ventilation products, such as industrial fans and heaters, radiators and thermostats, home appliances, water heaters, bathroom fans, and heating cables. In addition, it offers tools, batteries and door chimes, insulation materials, test equipment and transformers, work clothes, and crimping and accessories, as well as flexible, installation, and power and control cables and wires. Further, the company provides data and networking components, landline telephony, network and low voltage cables, security systems, and aerial accessories. Malmbergs Elektriska AB (publ) was founded in 1916 and is headquartered in Kumla, Sweden.

Corporate governance

Malmbergs Elektriska AB (publ)’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 6; Board: 7; Shareholder rights: 10; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.