Trelleborg Gives Insight Into Long-Term Strategy
Trelleborg Group held its Capital Markets Day in Stockholm, Sweden. It included presentations that provided deeper insight into the long-term strategic choices on which the Group has chosen to base its work, and on specific priorities that will represent focus areas for each of the business areas in the near future to achieve their growth and profitability targets.
Peter Nilsson, President and CEO of Trelleborg Group, says: “Trelleborg’s multi-year restructuring work is continuing to yield results. The continuous and daily improvements conducted within the scope of a strategic continuity program form the basis for the Group’s success. Our geographic balance is continuing to progress in the right direction while our market positions are being strengthened as we become more deeply involved in selected segments within the field of engineered polymer solutions. We are also steadily moving downstream in the value chain, toward more advanced products and complete solutions.
“The organic growth of the Group remains in focus. This entails that we continue to develop our platform, which will ultimately lead to a sustainably higher rate of growth irrespective of the status of the economy. We are also assessing various bolt-on acquisitions in all business areas with the potential to supplement and strengthen our positions in selected segments. As a consequence of this strategy, the investments made this year will maintain a relatively high level, given our view that there remains favorable potential to profitably expand the Group organically. In parallel, we are continuing to pursue initiatives to further boost profitability in parts of the Group and we can see that we are well on our way to achieving our established financial targets on Group level.”
Presentations were given by President and CEO, Peter Nilsson, CFO, Ulf Berghult, the Group’s business area presidents and the CEO of TrelleborgVibracoustic.