Bulten as an investment
5 reasons to invest in Bulten
1. QUALITY SUPPLIER OF FASTENERS
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Over more than 150 years, Bulten has built a market position as a quality supplier of sustainable fastener solutions, with a strong customer base that has become more diversified in recent years.
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Bulten is a leading full service provider of fasteners and related services, including FSP, and has thereby established key strategic collaborations with several customers.
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With long-standing expertise and in-house technical and innovation competence, Bulten is a natural development partner to its customers and is often involved from the initial design and technical design phase.
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Bulten is involved in innovative development projects, and also conducts research-related development projects with various universities and colleges.
2. FINANCIAL STRATEGY FOCUSING ON A STRONG BALANCE SHEET
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Bulten has a strong financial position, with secured financing and good underlying profit capacity. This creates scope for investing in growth and in efficiency measures, as well as return opportunities for shareholders.
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Over time, economies of scale have generated good profitability for Bulten. One example of this is the new regional organizational structure that Bulten implemented in 2024, which contributes to more efficient production.
3. GROWTH POTENTIAL THROUGH ACQUISITIONS AND NEW SECTORS
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Bulten can see potential for expansion in the automotive industry through new electrified platforms, and in the supply chain for OEMs of light and heavy commercial vehicles (Tiers 1 and 2).
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With the acquisitions of PSM International (PSM) in 2020 and Exim Mfr & Enterprise (Exim) in 2023, both the product portfolio and the customer base have expanded in areas outside of automotive. This lays a good foundation for continued growth in margins. The acquisition of Exim also boosts Bulten’s position as a leading distributor of C parts*, particularly in Asia. Some of the sectors Bulten now operates in since the acquisitions are consumer electronics, medical devices, and renewable energy.
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Bulten’s goal remains to expand via strategic acquisitions.
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Through majority ownership of TensionCam (measuring and monitoring clamp loads), there is strong potential to offer new peripheral services related to fasteners in the future.
* C-parts – components with a low unit price that manufacturing companies stock in large quantities.
4. HIGH YIELD
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Bulten generates a high yield with a dividend target of at least 33% of net earnings.
5. A ROBUST OPERATION BASED ON A REGIONAL STRUCTURE
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Facilities close to customers in Europe, Asia, and North America allow flexibility and short lead times. Being geographically widespread also contributes to a robust structure, which is advantageous in times of protectionism, and also macroeconomic and geopolitical instability.
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Through a new joint venture in India and an associated factory, Bulten enables sales of micro screws to international customers in the electronics industry with a presence in Asia, which is a growing market for these customers.