Schuinsmarcheerder schreef op 16 september 2023 14:46:
Progress on strategy
Kendrion is a global, innovative company, with a dedicated focus on actuator products that facilitate the transition towards electrification and clean energy. Kendrion operates through three Business Groups: Industrial Brakes (IB), Industrial Actuators and Controls (IAC), and Automotive, which consists of Automotive Core and Automotive E. Automotive E is responsible for products pertinent to electric vehicles with a clear mission to achieve profitable growth and innovation. Automotive Core manages our business linked to combustion engines, with a strong emphasis on cash and cashflow as its KPIs.
Even amid the persistently challenging economic landscape, which has now extended into its fourth year since the outset of the COVID pandemic, we remain confident in the significant growth opportunities for our products. These products play a pivotal role in driving the global shift towards electrification and the adoption of sustainable energy. Our well-balanced product portfolio acts as a buffer against overdependence on any single vertical or market segment. Encompassing a wide array
of domains, our product range spans from wind power, robotics, and automated warehouses to
inductive heating technology, circuit breakers for electricity distribution stations, and sound actuators for electric vehicles. The trajectory towards electrification has guided our product innovation and has been a compass for shaping our strategic decisions over the year. It will continue to do so across our Business Groups and geographis.
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