A WORD FROM THE CEO
With the 2014 merger behind us, our first priority was to retain existing business. We ensured smooth processes and cooperation across all areas of the organization. Operational metrics and performance were strong. As a result, we retained all of our existing customers.
Our second priority was to increase business in selected product areas. By investing in improved capabilities and using resources more efficiently, we increased sales by 5 %.
Our third priority was to set the stage for future growth. We completed our three-year plan. We continue to build our company culture. We increased R&D cooperation with key customers. We restructured the organization to put more resources in customer-facing roles. In short, we strengthened the foundations for growth.
The SkultunaInduflex team has the motivation and energy to move forward. We are proud of our progress and remain confident in our future.
Joel Ludvigsen, CEO
IMPORTANT EVENTS IN 2015
- R&D cooperation. Having combined our materials, chemistry and engineering expertise to allow us to deliver best-in-class solutions more quickly, we leveraged these resources more efficiently by increasing our R&D cooperation with key customers.
- Focus on customers. Our customers continue to value the quality and reliability of our products and services. Customers trust that we will deliver what we promise. We strengthened our focus on sales and increased revenues by 5 %.
- Operational excellence. Our reputation is built on quality. We made efforts to improve our capabilities, processes and operational performance. Certifications include ISO 9001 and ISO 14001.
FAIRFORD ́S VIEW
SkultunaInduflex supplies a number of different customers found in various markets and value chains. The company was hit hard in the crisis and the return back to pre-crisis volumes has been challenging although the merger itself improved the situation significantly with increased volumes as well as cost synergies. It will surely be a challenging route going forward as well but we believe the company is on the right path and we are closely following and supporting the progress.