The sales growth in 2022 was 8%, adjusted for currency. Long-term volume growth for this business area’s market segments and applications is assessed to remain around 4–5%. The surgery area experienced good growth, while in vitro diagnostics (IVD) volumes were lower due to pandemic-related inventory adjustments. The charging on of higher costs contributed to higher sales.
The sales in 2022 decreased by some 46%, adjusted for currency, due to low Vaporiser Heating Products (VHPs) volumes following Russia’s invasion of Ukraine, a change in a customer’s sourcing strategy, and the halt in sales for much of the fourth quarter due to the lack of a production license in China. EMC sales increased considerably through good growth in telecom and significant relative growth in automotive.
The sales growth in 2022 was 6%, adjusted for currency. Volumes decreased somewhat, although the charging on of higher costs contributed positively. Demand was solid in most market areas, but deliveries of products to areas in the consumer discretionary sector were lower towards the end of the year.