Addtech’s vision is to be the leading value-adding tech provider in Northern Europe. This means we aim to be a value-adding link between manufacturers and customers and offer high-tech products and solutions to industrial companies.
Addtech's financial objective is to create earnings growth combined with profitability. Profitable growth is achieved through continuous business and organisational development.
The profitability target for each subsidiary is a minimum of 45 percent, measured as the ratio between operating profit (P) and working capital (WC). This P/WC ratio encourages high operating profit and low levels of tied-up capital. When combined with the growth target of 15 percent, this creates the possibility of positive cash flow and conditions for long-term profitable growth.
Addtech has three core strategies for achieving its goals:
Addtech aims to be the market leader and to build positions in select niches with a high knowledge and technology content and where customers demand carefully selected products, solutions and subsystems, often in small and medium-sized volumes. A market-leading position is important in achieving stable growth and profitability.
Addtech aims to be noted for its flexible organisation with solution-oriented, innovative employees who recognise new business opportunities. The Addtech Group aims to capitalise on the growth potential of each of its subsidiaries and product areas by dividing or merging operations, either in whole or in part. Operating mobility also involves Addtech having effective processes for integrating new operations into the Group.
Addtech aims to work at all times to strengthen its operations through small acquisitions, as well as expanding and bolstering its positions in chosen niches. Business operations are also to be acquired in new niches where the Group has the possibility of becoming the market leader. The ability to apply the Group's business model is a success factor in all acquisitions.