Market Monitor - Focus on machinery - Sweden

Market Monitor

  • Sweden
  • Machines/Engineering

31st July 2015

The Swedish machinery sector has seen many positive developments over the past few years and currently benefits from higher global demand.


  • The Swedish machinery sector is highly export oriented. Its main segments are automotive (trucks), agriculture and industrial machines.
  • The industry has shown several years of positive development, and currently benefits from higher global demand. Sweden’s economic growth has also picked up (2.4% in 2014) and is forecast to be 2.2% in 2015. As a result, investments continue to increase.
  • Due to the benign growth outlook profit margins are expected to remain stable in 2015.
  • While the external financing requirement is high, the industry faces no particular lending problems as banks are generally willing to provide loans to the machinery sector.
  • The average payment duration in the machinery industry ranges from 30-45 days. Payment behavior has been good over the last two years and the number of payment delays, defaults and insolvencies is expected to remain low in 2015
  • Due to the good growth prospects and low credit risk our underwriting stance is relaxed for all subsectors.

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