1. Growing need for technology
Investments in new technology, such as digitisation, electrification, autonomous applications and AI, are expected to rise by 15–25 per cent per year in coming years – often through prioritised and less cyclically sensitive initiatives. At the same time, the outsourcing trend will strengthen as the need for specialist expertise grows in combination with a tendency among customers to streamline their operations.
2. Increased focus on service and aftermarket solutions
As customers increasingly prioritise a more efficient service and aftermarket business, demand is on the rise for digital product information, an area where Semcon’s offering is at the very forefront worldwide. More than 75 per cent of sales of the offering comprise solution-based deliveries and functional sourcing, which create a good foundation for long-term and profitable cooperation – a share that is expected to grow further.
3. Unique combination of digital solutions and engineering
In contrast to companies specialising in either IT or engineering, Semcon can offer its customers both – a unique combination of digital services and advanced product and production development. This entails greater relevance for a broader customer base, from traditional technology development to the latest AI solutions. Integrated solutions create the conditions to improve growth and efficiency and to reduce costs for our customers.
4. Beneficial industry diversification
Semcon’s broad industry presence allows it to balance available expertise based on where demand and profitability is most advantageous. This creates long-term and less cyclically sensitive partnerships. High-tech expertise from the automotive industry is increasingly in demand from other industries, which are facing comprehensive digitalisation challenges.
5. Inspired colleagues the basis for profitable growth
The combination of Semcon’s international cutting-edge expertise and the diversity of its perspectives create the conditions for smart solutions that put people first. It creates satisfied users, which means both customers and Semcon become more competitive and profitable. Customer satisfaction and employee commitment are at record levels.
6. Strong financial position
During the period 2015–2020, Semcon’s operating margin has more than doubled. Cash flow has also been strong, which means that the Group’s financial position is strong. The strong balance sheet forms a stable foundation for organic growth and acquisitions.