09
Aug
11

NKT Holding Strategy 2011 to 2015 – POWERED BY NKT

The strategy named POWERED BY NKT is inspired by NKT operating a number of business units and developing them organizationally and financially based on NKT’s long-term global mindset.

NKT is a modern industrial conglomerate with 120 years of history. Over time NKT has demonstrated the ability to develop successful industrial businesses under long-term ownership and – if appropriate – to divest those businesses if alternative ownership could realize the new potential and deliver the value created.

NKT’s corporate business strategy for 2011-2015 is entitled ‘Powered by NKT’. As an industrial owner, NKT pledges that its business units are operated in accordance with long-term, global thinking and with focus on financial performance

NKT is a modern industrial conglomerate with 120 years of history. Over time NKT has demonstrated the ability to develop successful industrial businesses under long-term ownership and – if appropriate – to divest those businesses if alternative ownership could realize the new potential and deliver the value created. This is NKT’s mission: To create value by exercising long-term and active ownership in segments where NKT is ‘best owner’.
We today own the power cable company NKT Cables, the global supplier of professional cleaning equipment Nilfisk-Advance, and 51% of NKT Flexibles, a supplier of flexible pipe systems for offshore oil and gas industry. We also own the Photonics Group of companies in which we are working to develop a new technology platform in the laser industry.
In the period since 2008 when we launched our previous corporate plan, ‘Building Power’, we have strengthened these businesses significantly, primarily by adding global presence, improving competitiveness through increased production and sourcing in low-cost countries, and focusing on higher-value products and associated manufacturing facilities. The start of the period coincided with the economic downturn. This meant that the financial targets we had set could not be realized. But the planned initiatives were moved forward, and the businesses have today been taken to a new level, enabling a new corporate strategy to be established.

NKT mission: To create value by exercising long-term and active ownership in segments where NKT is ‘best owner.

The NKT group companies are all BTB companies on the international market.

  • NKT Cables is an actor in the electricity and energy sector
  • Nilfisk-Advance is an actor in the cleaning industry
  • Photonics Group comprises three companies – including LIOS Technology, all players in the optical industry
  • NKT Flexibles, of which NKT owns 51%, is a player in the offshore sector

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Corporate head office:

LIOS Technology GmbH - Linear Optical Sensors
Schanzenstrasse 39
Building D9-D13
51063 Cologne (Köln)
Federal Republic of Germany

Tel: +49 221 99887-0
Fax: +49 221 99887-150

emailinfo@lios-tech.com

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Sales and technical support for North American market:

LIOS Technology Inc.
1400 Campus Drive West,
Morganville, New Jersey 07751
United States of America

Tel: +1 (732) 970 8062
Fax: +1 (732) 972 4410

emailinfo@lios-tech.com

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