New long-term strategy for Componenta

Componenta Corporation Stock Exchange Release 25.1.2011 at 8.50

The goal of Componenta’s new long-term strategy for 2011 - 2015 is to grow together with its customers. Componenta provides innovative solutions to its customers, comprising everything from engineering to components, and with performance is based on values and sustainability. Our vision is to be the preferred casting solutions provider for our customers in 2015, locally and globally.

Componenta’s mission is to participate actively in renewing the established ways of operating in the foundry industry so as to better serve the manufacturing of the new generation of vehicles and machines. The new way of operating is based on a knowledge of the business of customers and on close cooperation with them, so that the company contributes to the success of its customers. Componenta provides engineering expertise to customers, who are global market leaders in their business sectors. Componenta’s customers benefit from the company’s ability to keep in balance component manufacturing and service in the different parts of the value chain.

Componenta is a one-stop provider of cast components and solutions comprising these. The Group has production in Turkey, Finland, the Netherlands and Sweden. Customers are served by sales and engineering network in addition to the countries of production in France, Germany, Italy, the UK and USA.

Financial targets in 2015

Componenta has set its long-term target for operating profit at 12%. The long-term target for the equity ratio is 40%, including capital loans in equity. The 2015 target for net sales has been set at EUR 1 billion and for return on investment at more than 20%.

Helsinki, 25 January 2011    

COMPONENTA CORPORATION

Heikki Lehtonen
President and CEO

FURTHER INFORMATION

Heikki Lehtonen
President and CEO
tel. +358 10 403 00

Mika Hassinen
CFO
tel. +359 10 403 00

Componenta is a metal sector company with international operations and production plants located in Finland, Turkey, the Netherlands and Sweden. The net sales of Componenta were EUR 452 million in 2010. The Group employs approx. 4,400 people. Componenta's shares are quoted on the NASDAQ OMX Helsinki. Componenta specializes in supplying cast and machined components and total solutions made of them to its global customers who are manufacturers of vehicles, machines and equipment.  

Componenta Corporation
Panuntie 4
FI-00610 Helsinki, Finland
Tel. +358 10 403 00
Fax +358 10 403 2721
www.componenta.com