Goals and Strategies

The parent company is a holding company and is accountable for shared functions like Strategic Development, Accounting, Finance, IT, HR, Quality, Environment and Corporate Communications. The business areas’ activities are presently run through three subgroups, the parent companies are Beijer Electronics Automation AB, Beijer Electronics Products AB and recently acquired company Westermo Teleindustri AB.

Group Long-term Goals

• The group will achieve minimum average yearly growth including acquisitions of 15 per cent;
• The group will achieve an average operating margin of 10 per cent;
• The group will have a low level of capital tied up in fixed assets, limiting its need for high shareholders’ equity. However, it will maintain a minimum equity ratio of 30 per cent; 
• The group will maintain good cash flows, and thereby, high dividend pay-out capacity. Dividends will be considered each year in the context of the group’s capital requirements for future expansion.

Group Strategies

• To offer high-quality, high-technology products, services and systems based on customer needs that create valueadded and enhance customer competitiveness;
• Growth through acquisitions to enter new geographical markets and technology segments; 
• Stimulate continuous skills enhancement of the group’s employees to increase know-how and employee commitment to daily work;
• Promote an open exchange of ideas, information and solutions between the group’s various parts.

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