Industrial Market Outlook (2012-2014): Key Trends and Strategic Insights
The 2012-2014 industrial market analysis reveals significant dynamics shaped by geopolitical uncertainties. China shows strong potential in the Railway and Renewable Energy sectors, while aerospace maintains stable growth. The machine tool industry also sees positive developments in Asia and the USA. Notably, lubrication business is on an upward trajectory. Strategic growth drivers include asset life cycle solutions and services in core markets like China, Germany, the USA, and India, supported by lean manufacturing and cost reduction strategies.
Industrial Market Outlook (2012-2014): Key Trends and Strategic Insights
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Presentation Transcript
8 Outlook and key business message
Performance 2012 – 2014 YTD Half year 2013 Half year 2014 2012 2013 SEK 20,437 million SEK 18,929 million SEK 9,529 million SEK 10,221 million Net sales 9.9% 10.8% 8.7% 10.2% 8.6% 10.7% 10.4% 10.6% Operating margin Operating margin, excl. one-time items CMD 2014
Market trends • Overall an uncertain business environment with the current geo-political situation • China – strong for Railway and Renewable Energy, but moderate for industry in general • Aerospace continues on a stable growth path • Positive development in the machine tool industry in Asia and USA • Lubrication business on a good growth trajectory CMD 2014
Strategic Industries - key business message Growth drivers • Asset life cycle solutions and services • Core markets for Strategic Industries – China, Germany, USA and India • Global footprint with local competence Cost efficiency • Lean manufacturing • Accelerate cost reduction programs • Manufacturing footprint aligned to growth markets CMD 2014