DGAP-News: technotrans presents Group strategy 2025: revenue from 265 to 285 million euros and transition into one brand
technotrans presents Group strategy 2025: revenue from 265 to 285 million euros and transition into one brand
DGAP-News: technotrans SE / Key word(s): Miscellaneous technotrans presents Group strategy 2025: revenue from 265 to 285 million euros and transition into one brand 17.12.2020 / 16:33 The issuer is solely responsible for the content of this announcement. IR News - 265 to 285 million euros in revenue with 9 to 12 percent EBIT margin by 2025 - Merger and renaming of selected companies into single brand "technotrans" - Focus on key markets Plastics, Energy Management, Healthcare & Analytics and Print Sassenberg, December 17, 2020 - technotrans SE presented its strategy 2025 and guidances for the 2021 and 2025 financial years in a virtual investor event. Under the new claim "power to transform", the Group has developed a roadmap that has three main objectives: to boost Group-wide profitability, to achieve revenue growth by focusing on four selected key markets, and to be present on the markets under one single brand "technotrans". The goal is to achieve revenue between 265 and 285 million euros by 2025 through organic growth, with an EBIT margin between 9 to 12 percent. The Group already begins merging and renaming selected Group companies in the upcoming year in order to strengthen the economic and technological power of the Group. In the future, the core business of the company will be thermal management, i.e. the energetic optimization and control of the temperature balance of complex applications. The specific measures include the creation of one single technotrans brand in the coming year. The Group will no longer be present in the form of several individual entities, but as one large company with a broad range of services in the field of thermal management. This does not apply to gds GmbH, which will remain part of the Group with its own brand as a full-service provider of all aspects of technical documentation. technotrans will already begin merging selected companies from 2021. This involves merging klh Kältetechnik GmbH with technotrans SE and Reisner Cooling Solutions GmbH with gwk Gesellschaft Wärme Kältetechnik mbH. The company locations will be retained. Customer-oriented process optimization technotrans remains active in its existing areas of business, with a clear focus on four key markets - including three growth markets. These are Plastics (plastics manufacturing and processing), Energy Management (including e-mobility solutions for rail and road applications as well as thermal management solutions for data centres), Healthcare & Analytics and Print. technotrans intends to maintain its market leadership in the still significant base business print and raise existing potential for innovation within the industry by focusing on this area. More sustainability and new corporate design
For further information, visit: https://www.technotrans.com
17.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | technotrans SE |
Robert-Linnemann-Str. 17 | |
48336 Sassenberg | |
Germany | |
Phone: | +49 (0)2583 - 301 - 1000 |
Fax: | +49 (0)2583 - 301 - 1030 |
E-mail: | [email protected] |
Internet: | http://www.technotrans.de |
ISIN: | DE000A0XYGA7 |
WKN: | A0XYGA |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1156097 |
End of News | DGAP News Service |
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1156097 17.12.2020