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Lifetime Warranty on original parts to save Saab cars on the road.

Press Releases   •   Sep 14, 2017 08:34 GMT

Orio is investing more than ever in Saab cars on the road, by launching the “Parts for Life” initiative, supporting the work with the protection of endangered species and offering a lifetime warranty on Original parts for owners who repair or service their Saab at an authorised Service Centre. By doing this Orio secure that Saab cars keep their position as highly reliable iconic cars on the roads

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Further investments for the future and successes within logistics

Press Releases   •   Aug 15, 2017 13:57 GMT

Orio’s net sales for the second quarter of 2017 decreased by 7 percent compared to the corresponding quarter of the previous year and amounted to MSEK 214 (220). Operating profit for the quarter was MSEK 2 (13).

  • Net sales for the period January – June 2017 amounted to MSEK 399 (429), which is a decrease by 6 percent compared to the corresponding period of the previous year. Operating profit for the period was MSEK 3 (18).
  • The second quarter has been dominated by significant investments in the Orio Parts business, both in terms of cash spending and in labour efforts, and where the launch of a broader product range continues in important markets. We have also taken new steps forward within the telematic area, where we are still focusing on Saab but also including Orio Parts for other makes in the development, says Jonas Tegström, CEO of Orio AB.
  • During the second quarter of we have also been successful within the third-party logistics business area, with the signing of several customer contracts, says Jonas Tegström.

During the quarter, cash flow from operating activities was MSEK -6 (32) and equity ratio at 30 June 2017 was 75 percent (79).

Group key ratiosApril-June
2017
April-June
2016
Jan-June
2017
Jan-June
2016
Net sales, Msek214220399429
Operating profit/loss, Msek213318
Result for the period, Msek09015
Cash flow from operating activities, Msek-632-2022
Equity/assets ratio, %75%79%75%79%


For further information, please contact Jonas Tegström, CEO, tel: +46 (0) 155-24 40 09, or Mikael Brate, CFO, tel +46 (0) 155-24 41 20.

Facts Orio AB

  • The company is responsible for warehousing, sale and distribution of Saab Original parts and accessories for all Saab Service Centers and Saab Parts Centers globally and also sell logistics and engineering services.
  • Number of employees in Sweden: about 288. The company is headquartered in Nyköping. 
  • The company has subsidiaries in its 9 main markets in Europe and the USA.
  • Number of employees in the subsidiaries: about 52.
  • Have been responsible for Saab Automobile spare parts handling since the 1960s and are the sole distributor of the entire range of Saab Original parts.
  • Storage area: around 88 000 m².
  • Storage: about 70 000 articles.
  • Capacity: about 30 000 order lines/day.
  • Shipment of 50 trucks distributed each day.
  • The company is fully owned by the Swedish state.
  • On November 13, 2013, the company changed its name from Saab Automobile Parts AB to Orio AB.

Orio’s net sales for the second quarter of 2017 decreased by 7 percent compared to the corresponding quarter of the previous year and amounted to MSEK 214 (220). Operating profit for the quarter was MSEK 2 (13).

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Orio Logistics signs five year contract with Opel/PSA Group

Press Releases   •   Jun 21, 2017 12:04 GMT

Orio Logistics helps us to achieve that goal and over the years they have performed well and become a trusted partner for all our spare parts distribution in the Nordics”, says Jeff Fullam, manager in charge of Opel’s third-party logistics relationships.

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An intensive year for Orio

Press Releases   •   Feb 08, 2017 14:31 GMT

Orio AB reports an operating result of MSEK -1 (-88) for the period January – December 2016, in which impairment of goodwill and other items affecting comparability are included to the sum of MSEK -36 (-145). Net sales for the period amounted to MSEK 814 (935), a decrease by 13 percent compared to the corresponding period of the previous year.

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Gold for Orio at Pearl Awards

News   •   Nov 17, 2016 15:21 GMT

On Novenber 16 The Pearl Awards gala was held at Essex House in New York City. The gold awards for Most Innovative Content Solution went to Orio for the “How a car ad became a viral brand” campaign. Also known as Stay Original – "Saab 9-5: you will regret buying it". Orio also took home the bronze awards for “Best Automotive”.

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Decreased net sales but improved gross margin

Press Releases   •   Oct 28, 2016 15:00 GMT

Orio AB reports an operating result of MSEK 30 (70) for the period January – September 2016. Net sales for the period amounted to MSEK 627 (716), a decrease by 12 percent compared to the corresponding period of the previous year.

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Orio takes next step towards tomorrow’s workshop: Unveils Orio FutureLAB

Press Releases   •   Sep 12, 2016 13:00 GMT

At Automechanika in Frankfurt starting September 13th, Orio will launch an innovation forum; “Orio FutureLAB” to help workshops evolve in a technologically new era with Internet of Things. New and old customers are invited to attend.

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Improved position in the Saab segment and launch of Orio Parts

Press Releases   •   Aug 12, 2016 15:09 GMT

Orio AB reports an operating result of MSEK 18 (42) for the period January – June 2016. Net sales for the period amounted to MSEK 429 (251), a decrease by 11 percent compared to the corresponding period of the previous year.

  • Net sales for the second quarter of 2016 amounted to MSEK 220 (233), which is a decrease by 6 percent compared to the corresponding quarter of the previous year. Operating result for the quarter was MSEK 13 (17).
  • The second quarter of 2016 was a good quarter for the group if we look at the sales performance in the Saab segment. In Great Britain, net sales increased compared with the corresponding quarter of 2015, and in our other main markets, America and the Nordic countries, we improved our position in the market, says Jonas Tegström, CEO of Orio AB.
  • We have also continued with broadening our product portfolio, and initiated a launch of Orio Parts, our range of service and wear-and-tear parts for 26 car makes, which will be made available in several markets during the year, says Jonas Tegström.
  • During the quarter, cash flow from operating activities was MSEK 32 (13), largely affected by improved working capital.
Group key ratiosApril-June
2016
 
April-June
2015
 
Jan-June
2016
Jan-June
2015

Net sales, Msek 220 233429484
Operating profit/loss, Msek 13 171842
Result for the period, Msek 9 121534
Cash flow from operating activities, Msek 32 132223
Equity/assets ratio, % 79% 80%79%80%

For further information, please contact Jonas Tegström, CEO, tel: 0155-24 40 09

Facts Orio AB

  • The company is responsible for warehousing, sale and distribution of Saab Original parts and accessories for all Saab Service Centers and Saab Parts Centers globally and also sell logistics and engineering services.
  • Number of employees in Sweden: about 288. The company is headquartered in Nyköping. 
  • The company has subsidiaries in its 9 main markets in Europe and the USA.
  • Number of employees in the subsidiaries: about 52.
  • Have been responsible for Saab Automobile spare parts handling since the 1960s and are the sole distributor of the entire range of Saab Original parts.
  • Storage area: around 88 000 m².
  • Storage: about 70 000 articles.
  • Capacity: about 30 000 order lines/day.
  • Shipment of 50 trucks distributed each day.
  • The company is fully owned by the Swedish state.
  • On November 13, 2013, the company changed its name from Saab Automobile Parts AB to Orio AB.

Orio AB reports an operating result of MSEK 18 (42) for the period January – June 2016. Net sales for the period amounted to MSEK 429 (251), a decrease by 11 percent compared to the corresponding period of the previous year.

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Expansion of the customer base and work for change continues

Press Releases   •   May 02, 2016 12:00 GMT

Orio AB reports an operating result of MSEK 5 (25) for the period January – March 2016. Net sales for the period amounted to MSEK 209 (251), a decrease by 17 percent compared to the corresponding period of the previous year.

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Restructuring continues with focus on new customers

Press Releases   •   Oct 28, 2015 14:53 GMT

Orio AB reports an operating profit of MSEK 67 (109) for the period January – September 2015. Net sales amounted to MSEK 716 (771).

  • Net sales for the third quarter of 2015 amounted to MSEK 232 (252), which is a decrease by 8 percent compared with the corresponding quarter of the previous year. Adjusted for currency exchange rate effects, the reduction was 13 percent. Operating profit for the period July – September 2015 amounted to MSEK 28 (48).
  • Net sales have decreased in most markets compared to 2014. The decrease in sales volume compared to the previous year is largely ascribable to the ongoing reduction of the Saab car fleet. Net sales in Germany, Spain and Italy have increased during the first nine months of the year, despite the decrease in the market for Saab spare parts.
  • The number of new customers increases. The expansion is primarily aimed at the independent dealerships customer segment, which is generally a new customer segment for Orio, says CEO Jonas Tegström. During September, gross sales to these customers accounted for 7 percent of total sales of parts and accessories.
  • In parallel with the launch a new customer offer and the broadening of the customer base, the company’s challenge continues to be the adaptation and the development of competence, working methods and processes. As a result of the restructuring work during the first three quarters of the year, operating costs have decreased by 11 percent compared with the corresponding period of the previous year, says CEO Jonas Tegström.

For further information, please contact:

Jonas Tegström, CEO, Tel. +46 (0)155-24 40 09

Stefan Lundin, CFO, Tel. +46 (0) 70- 222 65 07

Facts Orio AB

  • The company is responsible for warehousing, sale and distribution of Saab Original parts and accessories for all Saab Service Centers and Saab Parts Centers globally and also sell logistics and engineering services.
  • Number of employees in Sweden: about 288. The company is headquartered in Nyköping. 
  • The company has subsidiaries in its 9 main markets in Europe and the USA.
  • Number of employees in the subsidiaries: about 52.
  • Have been responsible for Saab Automobile spare parts handling since the 1960s and are the sole distributor of the entire range of Saab Original parts.
  • Storage area: around 88 000 m².
  • Storage: about 70 000 articles.
  • Capacity: about 30 000 order lines/day.
  • Shipment of 50 trucks distributed each day.
  • The company is fully owned by the Swedish state.
  • On November 13, 2013, the company changed its name from Saab Automobile Parts AB to Orio AB.

Orio AB reports an operating profit of MSEK 67 (109) for the period January – September 2015. Net sales amounted to MSEK 716 (771).

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Contacts 1 contact

  • Press Contact
  • Digital Marketing Manager
  • andersulfh.tllhujwunxvn@wpcdbgznorio.com
  • +46 520 78 141
  • +46 700 85 40 47

About Orio AB

A global parts and logistics company.

Orio AB is a global parts and logistics company. Our roots in the automotive industry, aftersales and spare parts sector, go back to 1947 and we have been responsible for Saab Automobiles' aftersales as a separate business since 2010. Today we market, sell and distribute Saab Original parts in over 60 countries throughout the world. The markets with the largest fleets of Saab cars are the USA, Great Britain, Sweden, Germany, Switzerland, Italy and Spain.

Orio´s operation includes the entire process chain including purchasing, planning, storage, marketing, sales and distribution of Saab Original parts to customers worldwide.

We are also a complete logistics partner who provides logistics services for a number of companies.

The objective of the Orio´s business is to create sustained growth. We will achieve this thanks to our experience and competence within the spare parts sector and logistics business, which has been built up over more than 66 years. Together with well-developed and adapted computer systems and processes, and with good customer and supplier relations, we will work towards the future by further developing and widening our business.

Our corporate head office is located in Nyköping, Sweden. This is also the home of our logistics and distribution centre, one of the largest and most sophisticated in Scandinavia with class leading capacity and flexibility. This includes a storage area of around 88,000 m2, a stockholding of around 70,000 items and a capacity to process up to 30,000 order lines per day. Every day we distribute goods corresponding to 50 truck-loads of goods. We have also established a commercial office in Trollhättan with sales, marketing, technical and support functions. In addition, at present we have nine subsidiaries spread over our markets which primarily function as sales companies.

The company has around 288 employees in Sweden. A total of 52 people work in our subsidiaries.

Address

  • Orio AB
  • Flättnaleden 1
  • S-611 81 Nyköping
  • Sweden