Sustainability |

Mölnlycke integrated Annual Report 2023

Today we are delighted to announce the launch of the Mölnlycke integrated Annual Report 2023. Our dedication to revolutionising care for people and planet contributed to a very successful year with record high annual net sales of EUR 1,924 million and substantial improvements in profitability. We continue to report our sustainability achievements in accordance with the Global Reporting Initiative (GRI) standards.

Performance highlights

Mölnlycke reported strong growth in 2023, with net sales reaching EUR 1,924 million, an 8% increase in constant currency rates. The EBITDA grew by 14% to EUR 545 million, reflecting substantial organic growth and market share gains across most markets.

Sustainability achievements

We made significant strides in operationalising our sustainability roadmap 2030. Mölnlycke’s near-term greenhouse gas emission reduction targets were validated by the Science Based Targets initiative. Noteworthy progress was made in our journey towards 100% fossil-free electricity by the end of 2024, with 61% fossil-free electricity share in 2023. We also achieved a 20% reduction in overall absolute greenhouse gas emissions across the entire value chain compared to the 2021 baseline. Finally, we expanded the scope of Life Cycle Assessment to cover 30% of our portfolio in terms of net sales.

"2023년에도 우리는 고객 조사에 확고하게 뿌리를 둔 전략을 계속 실행했으며 지속 가능한 디지털 및 고객 중심 의료 서비스를 선도하기 위해 선회했습니다. 강력한 성장과 수익성의 상당한 개선으로 우리가 올바른 길을 가고 있다고 확신합니다."

즐라트코 리흐테르 최고경영자(CEO)

 

Innovation and quality highlights

To enhance surgical performance, Mölnlycke introduced hand scanning technology using artificial intelligence and machine learning for optimal glove fit, launched Mepilex® Up in the US, upgraded the Mepilex® Border Post-Op product family globally and registered Hibiwash®, - the new colour- and fragrance-free Hibi formula. We also successfully completed the transition to Medical Device Regulation (MDR), one of the first MedTech companies to do so.

Strategic investments

Mölnlycke secured long-term financing through a EUR 400 million Eurobond and a EUR 350 million Revolving Credit Facility. We also decided to invest EUR 60 million to increase production capacity, including a new Mepilex Border Flex production line and a new Ethylene Oxide sterilisation unit in Finland.

Select country

Get knowledge, learn about our products, get support and more.

South Korea

No markets

Find jobs, our financial reports and more.

Mölnlycke corporate

Are you a healthcare professional?

This webpage contains information that is only intended for healthcare professionals. By selecting ‘Yes, I am’ you confirm that you are a healthcare professional.

No, I am not a healthcare professional