Krones to continue profitable growth – medium-term targets set for 2028 • Krones yesterday held a Capital Market Day for analysts and investors • The Executive Board explained the company’s strategy and presented its medium-term targets • Consolidated revenue is set to increase to €7 billion by 2028 (2023: €4.7 billion). The medium-term target for the EBITDA margin is between 11% and 13% (2023: 9.7%). Krones is aiming for ROCE of more than 20% by 2028 (2023: 16.3%). You can find more information here: https://lnkd.in/e6zMJdXJ
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Krones can look back on a successful first quarter 2024. The company’s markets are largely unaffected by economic fluctuations and customers continue to be very keen to invest. Krones #consolidatedrevenuegrowth #financialtargets #foodprocessing #foodandbeverageindustry #germany
Krones continues profitable growth path
foodinfotech.com
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Guess what, the optimization of R&D processes is becoming one of today´s most important topics when it comes to generating speed for manufacturing companies. As highlighted in our 5th Annual Horváth CxO Priorities Study with more than 700 participants, there's a significant emphasis on accelerating R&D processes to foster innovation and maintain a competitive edge. 🔍 📊 Key Insights from the Study: R&D Focus: Manufacturing companies are prioritizing R&D to introduce product innovations faster, with an average ambition level of 17% for processing time reduction. Industries such as Oil & Chemicals (24%) and Defense (23%) are leading the charge. Comparative Focus: While R&D is crucial, there's also considerable focus on enhancing speed and agility in supply chain operations (14% average) and sales & distribution functions (12% average). Notable sectors include Life Science & MedTech (19% in Supply Chain) and Oil & Chemicals (16% in Supply Chain). Overall Strategy: Companies are striving to enhance their resilience and adaptability by reconfiguring value chains and optimizing regional structures and processes. 🚀 Dynamic Transformation: To navigate this dynamic environment, manufacturing firms must adopt agile organizational structures, promote rapid innovation, and establish robust supply chains. At Horváth, we believe a holistic approach, combining a product-oriented operating model and business-process driven technology harmonization, is essential for driving true transformation. 📈 🔗 Contact me for a comprehensive view on our CxO study 2024. How is your organization adapting its R&D strategy to drive innovation and growth? #HorvathCxO #HorvathOperations #DigitalTransformation #Manufacturing #R&D
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Lots of developments in the world of packaging - innovation is key and M&A is a critical enabler of that
A time of change and a time of opportunity in the packaging sector. Featuring M&A insights by subsector and market dynamics, we explore how growth is being achieved in a challenging economic and regulatory environment. Follow the link to find out more and to download our publication.
Packaging - Sector Insights 2024
bdo.co.uk
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Fascinating insights into what's happening within the packaging sector from our incredible M&A team in Brum. One of the most active sectors for M&A deals along with contract logistics. #bdo #packaging #retail #manafacturing #supplychain #logistics #M&A
A time of change and a time of opportunity in the packaging sector. Featuring M&A insights by subsector and market dynamics, we explore how growth is being achieved in a challenging economic and regulatory environment. Follow the link to find out more and to download our publication.
Packaging - Sector Insights 2024
bdo.co.uk
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In the face of formidable economic challenges, the UK's deal-making landscape has demonstrated remarkable resilience and dynamism in 2023. Our latest report reveals a robust 24% increase in deal volumes, underscoring the strategic agility of businesses navigating through turbulent times. At BDO, we're committed to providing exceptional client service and delivering our best day, every day. This report is a testament to our dedication to setting the standard for service quality in our sector. We invite you to delve into the insights and analysis that define the current M&A climate, as we continue to support your ambitions with our savvy, straight-talking advice. #StrategicAcquisitions #PaperSectorGrowth #PrivateEquityDeals #BDOInsights #EconomicResilience #MergersAndAcquisitions #BusinessStrategy
A time of change and a time of opportunity in the packaging sector. Featuring M&A insights by subsector and market dynamics, we explore how growth is being achieved in a challenging economic and regulatory environment. Follow the link to find out more and to download our publication.
Packaging - Sector Insights 2024
bdo.co.uk
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Driving Employee-Centric Change in PMIs and (digital/AI) transformations across the building materials industry
🚀 Exciting Read: "Industrial Distributors Value Creators 2023" by BCG! 🌟 In a period marked by challenges like inflation and supply-chain disruptions, the resilience and strategic growth of industrial distributors stand out. Over the last five years, the largest distributors have seen a 60% increase in market cap, surpassing industry averages! 🔍 Key Insights: 1) Achieving local and national scale is vital for understanding customer needs and driving efficiency. 2) Investing in digital self-service tools, improving margins through pricing, and offering private-label products are critical for market share growth. 3) Expanding into value-added services and designing circularity into offerings are becoming increasingly important in today's market. 🔗 Read the full article for an in-depth look at the strategies driving success in this dynamic sector! Dr. Yehia A., Kelly Newton, Prerak Bathia, Doug Horner, Johannes Blauhuth #IndustryTrends #BCGInsights #DistributionExcellence #BusinessGrowth https://lnkd.in/dEZ6Z9jN
Industrial Distributors Value Creators 2023
bcg.com
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Excited to share key insights from the 2024 Manufacturing Benchmarking report we published today. This report will help you assess your performance against industry peers and shape your strategic decisions for growth. Despite economic challenges, the manufacturing sector has maintained steady growth this past year, due to smart cost management and strategic investments. Businesses have optimised operations, trimmed expenses, and bolstered profits despite inflation. Here are a few highlights we've uncovered: · Industry growth of 7.7%, driven by smaller companies with revenues up to $40m. · Effective cost management with a 32% gross margin, indicating profitability despite challenges. · Efficient employee cost management at 20% of revenue, particularly in smaller businesses with significant reductions. · Despite an overall EBITDA of 10%, smaller businesses under $40m revenue have shown improvements despite inflation. · A decrease in impairments to 0.9% of revenue, with larger businesses reporting significant changes. Dive deeper into our report here to find out more: https://lnkd.in/gzkyaPdB Don't hesitate to reach out for a more in-depth conversation around the findings. I’d also like to acknowledge the core team involved in bringing this report to ground – well done Jessica Tenace, David De Fazio, Joanna Psihogios & Caroline Suder #Manufacturing #Benchmarks #Industry #Australia
Manufacturing Benchmarks 2024: Paving the way for sustainable growth
grantthornton.com.au
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Dive into the latest trends in Australia's manufacturing sector with our Manufacturing Benchmarking Report 2024. Key trends include: 🚀 7.7% industry growth 📊 32% gross margin 💼 20% employee costs 💰 10% EBITDA 📉 0.9% impairments To learn more in our latest Manufacturing Benchmarks report see the following link: https://lnkd.in/gkDDcz_a It was a pleasure once again to work alongside Michael Climpson, David De Fazio, Joanna Psihogios and Caroline Suder in putting this report together! #Manufacturing #Benchmarks #Insights
Excited to share key insights from the 2024 Manufacturing Benchmarking report we published today. This report will help you assess your performance against industry peers and shape your strategic decisions for growth. Despite economic challenges, the manufacturing sector has maintained steady growth this past year, due to smart cost management and strategic investments. Businesses have optimised operations, trimmed expenses, and bolstered profits despite inflation. Here are a few highlights we've uncovered: · Industry growth of 7.7%, driven by smaller companies with revenues up to $40m. · Effective cost management with a 32% gross margin, indicating profitability despite challenges. · Efficient employee cost management at 20% of revenue, particularly in smaller businesses with significant reductions. · Despite an overall EBITDA of 10%, smaller businesses under $40m revenue have shown improvements despite inflation. · A decrease in impairments to 0.9% of revenue, with larger businesses reporting significant changes. Dive deeper into our report here to find out more: https://lnkd.in/gzkyaPdB Don't hesitate to reach out for a more in-depth conversation around the findings. I’d also like to acknowledge the core team involved in bringing this report to ground – well done Jessica Tenace, David De Fazio, Joanna Psihogios & Caroline Suder #Manufacturing #Benchmarks #Industry #Australia
Manufacturing Benchmarks 2024: Paving the way for sustainable growth
grantthornton.com.au
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Our latest survey reveals fascinating insights! 📊 Did you know that 63% of our respondents are anticipating double-digit growth over the next three years? 📈 In fact, an impressive 93% of them are confident in their growth potential! Curious to dive deeper into these findings and gain a competitive edge in manufacturing? Don't miss out! Get the survey report here: https://bit.ly/3QgrORf #Manufacturing #IIoT #FutureFactory #IndustryTrends
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Discover how the manufacturing sector achieved 7.7% growth, with effective cost and employee management leading to a 32% gross margin. As the industry evolves to navigate disruption, our Manufacturing Benchmarking report 2024 provides insights into your performance against competitors, to help shape your strategic decisions for growth. Find out more: https://lnkd.in/ghE6aRsM #Manufacturing #Benchmarks #Insights
Excited to share key insights from the 2024 Manufacturing Benchmarking report we published today. This report will help you assess your performance against industry peers and shape your strategic decisions for growth. Despite economic challenges, the manufacturing sector has maintained steady growth this past year, due to smart cost management and strategic investments. Businesses have optimised operations, trimmed expenses, and bolstered profits despite inflation. Here are a few highlights we've uncovered: · Industry growth of 7.7%, driven by smaller companies with revenues up to $40m. · Effective cost management with a 32% gross margin, indicating profitability despite challenges. · Efficient employee cost management at 20% of revenue, particularly in smaller businesses with significant reductions. · Despite an overall EBITDA of 10%, smaller businesses under $40m revenue have shown improvements despite inflation. · A decrease in impairments to 0.9% of revenue, with larger businesses reporting significant changes. Dive deeper into our report here to find out more: https://lnkd.in/gzkyaPdB Don't hesitate to reach out for a more in-depth conversation around the findings. I’d also like to acknowledge the core team involved in bringing this report to ground – well done Jessica Tenace, David De Fazio, Joanna Psihogios & Caroline Suder #Manufacturing #Benchmarks #Industry #Australia
Manufacturing Benchmarks 2024: Paving the way for sustainable growth
grantthornton.com.au
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