XANO develops, acquires and operates manufacturing businesses with unique or market-leading products and systems with related services. XANO owns niche engineering companies whose main market is industry in Europe. XANO creates value for shareholders by exercising both active ownership and management by objectives.
STRATEGIES AND TARGETS
STABLE PROFITABILITY AND HIGH GROWTH
XANO’s organic growth will be at a higher level than general market growth. Growth will also take place through the acquisition of operations and companies. The profit margin will amount to 8% over time. The equity/assets ratio will exceed 30%.
MARKET LEADER WITHIN SELECTED SEGMENTS
XANO will be a market leader within selected market segments. XANO will create strong units from companies, where economies of scale are utilised optimally.
DEVELOP, ACQUIRE AND RUN NICHE ENGINEERING COMPANIES
XANO will develop, acquire and run niche companies and, through active ownership, create added value for the shareholders. The manufacturing process must have a high technical content with the aim of satisfying the customer’s needs. In order to achieve this, XANO needs to work within well defined niches. The level of service and delivery capability have to be high. The companies must strive to achieve long-lasting relationships with both customers and suppliers. XANO must have a sufficiently large market share within each niche in order to be an interesting partner for both customers and suppliers.
MARKET OFFER AND OPERATIONS
ADVANCED TECHNOLOGY FOR SELECTED TARGET GROUPS
XANO’s market offering includes the manufacture and assembly of components and systems with associated services, as well as the development, manufacture and marketing of the companies’ own products. The Group currently has operations in the Nordic region, Estonia, the Netherlands, Poland, China and the USA. The units all work within well-defined niches and have a high level of expertise within their respective technical fields. Possessing such advanced technical expertise enables the Group to create added value for its customers.
EMOTIONAL AND FUNCTIONAL ADDED VALUES
XANO’s core values are entrepreneurial drive, long-term thinking and technical know-how. These form the basis for all decisions that can impact on the Group.
RESULTS EXCEEDING STATED FINANCIAL TARGETS
The Group’s organic growth stood at 3%, while acquisitions contributed a further 1% in volume during 2019. The profit margin was lower than the previous year, yet still exceeded the target value, amounting to 9.9%. The equity/assets ratio was strengthened from 34 to 38%.