Kongsberg Gruppen Asa · OSL:KOG
Kongsberg Gruppen Asa — Investor Day (August 2003)
7 slides from Kongsberg Gruppen Asa's investor day presentation, Aug 26, 2003
Slide 1: Summary
Summary Jan Erik Korssjøen, CEO WORLD CLASS – through people, technology and dedication KONGSBERG 1
Slide 2: Summary - growth
Summary - growth KONGSBERG aims to achieve an average annual growth of 10 – 20 % – Both organic and acquired growth Organic growth is to come from – Growth in markets – Growth in market shares – Restructuring of existing product areas into new applications Acquired growth in prioritized areas
Slide 3: Summary - profitability
Summary - profitability KONGSBERG targets increased profitability – More effective operation - Cost reductions - Moving operations to lower cost countries - Even more synergies within and between business units – Reduce cost of material - Develop cost effective products - Restructure and professio
Slide 4: Summary - profitability
Summary - profitability Growth in Maritime markets Increase market presence - Moving operations closer to our customers Future growth in missile area - NSM delivery program will be beginning of new missile era Sell out non/low-profitable operations KONGSBERG © KONGSBERG 26 August 2003 4
Slide 5: Summary - structure
Summary - structure We have been, and will continue to be open to structural changes - Both at corporate level - Within the various business units Drivers for structural changes - New market opportunities - Strategic threats and opportunities - To improve profitability KONGSBERG © KONGSBERG 26 A
Slide 6: Summary - finance
Summary - finance We have financial flexibility to fund growth Fluctuation in exchange rates continue to be a major challenge KONGSBERG © KONGSBERG 26 August 2003 6
Slide 7: WORLD CLASS – through people, technology and dedication
WORLD CLASS – through people, technology and dedication KONGSBERG 7