Value model and stratey

Our vision

We create and deliver the most innovative and sustainable fastener solutions.

VALUE MODEL - RESOURCES

CUSTOMER AND PARTNERS

  • OEMs of light and heavy commercial vehicles, and suppliers to these
  • Manufacturers of consumer electronics, home appliances, medical technology etc.
  • A broad and quality assured supplier network

EMPLOYEES AND PRODUCTION RESOURCES

  • Approx. 1,900 skilled, dedicated 
    employees worldwide (FTE)
  • 10 production plants (8 fully owned & 2 wholly owned
  • Investments (CAPEX): SEK 203 million

FINANCIAL RESOURCES

  • Capital employed: SEK 3,799 million

VALUE MODEL – STRATEGIC PRIORITIES AND CUSTOMIZED OFFERINGS

Business concept

We continuously deliver market-leading fastener solutions that meet customers’ requirements on efficiency, quality, price, and sustainability.

With clearly defined goals, global presence, responsible conduct and the latest in technology and innovation, we are the company that makes a difference and creates the greatest benefit for the customer.

GOAL

  • Strong position
  • Growth - net sales > 5 BSEK (CAGR 10%) 
  • Margin expansion - operating margin > 8%
  • Strong financial platform - ROCE > 15%

GOVERNANCE

  • Clear corporate governance with regional/central 
    responsibilities and KPIs
  • Financial targets
  • Board of Directors
  • Shareholders

PROCESSES

  • Innovation
  • Application development
  • Purchases
  • Production
  • Logistics

PRODUCTS/SERVICES

  • Proprietary fasteners 
  • Purchased fasteners
  • Full Service Provider (FSP)
  • Services, e.g. Vendor Management Inventory (VMI), and measuring/monitoring of clamp load

VALUE MODEL – CREATED FOR STAKEHOLDERS

CUSTOMERS

  • Sustainable and innovative products and services

EMPLOYEES

  • SEK 995 million in salaries, pensions and remuneration
  • Skills development

SUPPLIERS

  • Purchase of direct materials to a value 
    of SEK 2,300 million

INVESTORS

  • Proposed dividend of SEK 58 million, 
    equating to SEK 2.75/share
  • 3.78 yield
  • 11,155 shareholders

SOCIETY

  • More than 2,000 jobs 
    (headcount) in total
  • SEK 75 million income tax paid
  • Social responsibility

LENDERS

  • SEK 107 million in interest expenses, of which SEK 14 million for leases

STRATEGY

Strong position

FSP concept, geographical proximity to important customers, forefront of innovation and sustainability

Goal 2024

Enhanced offering, including leadership 
in sustainability and innovation

Growth

Organic and acquisition growth, in and outside of the automotive industry

Goal 2024

Net sales 
SEK 5 bn, CAGR 10%

Margin expansion

Benefits of scale, production efficiency, technology, value-creating sustainability solutions

Goal

Operating margin > 8%

Strong financial platform

Financial leverage, investments in efficiency, solid equity ratio, dividends

Goal 2024

ROCE  > 15%