As the final weeks of a tumultuous 2020 are about to become the first weeks of 2021, I would like to take this opportunity to look back on the past year and see what lies in store for the next. 
The year that will soon come to pass has been challenging for us all, but it has also brought with it many new lessons. We have learned not to take anything for granted, to be flexible and to take an active role in the rapidly changing digital era. 
When the pandemic took its grip on the world, we all had to find new solutions, we learnt to adapt and instead of traveling each day for visits to customers and suppliers, our work became much more digitally orientated. 
We have adapted the business, our routines and our approach to something new and I think that together we have handled this extraordinary situation with great resourcefulness. 
At the end of the year, we will report growth and a good profit, we have been able to recruit competent employees and fulfil our commitment to local vocational training. 
These achievements make us proud. 
Strong relationships 
Furthermore, we have also been appointed Premier Partner within Danfoss Power Solutions, Partner Excellence Program, for the third year in a row and substantiated our long-standing partnership with Parker Hannifin. We have continued our efforts to broaden our product portfolio and further develop our warehouse in order to meet our customers' demands for high quality and fast deliveries. One step in broadening our product portfolio during 2020 was becoming an official distributor in Sweden and Finland for British company, Slack & Parr. 
For 2021 the outlook is positive; together with our owners Volito, we are strongly positioned and plan to continue the implementation of our offensive plan that we have jointly developed. We are on course for a large number of new and exciting projects and are participating in several interesting discussions. 
We have stable partners, who, like us, are driven by innovation and confidence in the future, we have committed employees and we look forward with confidence to the future.  
 
In the run-up to the Christmas holidays, I would also like to draw your attention to the fact that the last day for delivery before Christmas is 23 December 2020 and the first day for delivery after Christmas is 7 January 2021. 
To conclude, I would like to thank you all for a great collaboration during this rather unique year and I wish you a very Merry Christmas and a continued good and successful collaboration in 2021. 
 
Mikael Andersson, CEO 
HydX AB