Summary from Gunnebo’s Capital Markets Day 2018
The Gunnebo Group’s Capital Markets Day 2018, which took place in Stockholm on November 15, was attended by around 40 analysts, fund managers, investors and journalists.
The Capital Markets Day opened with a strategic update from the Group’s President and CEO, Henrik Lange.
"Due to our history of acquisitions, Gunnebo today has a broad offering with a different go-to-market model by product. Where competition is focused by product, Gunnebo has had a strong geographic focus for the last couple of years. To better leverage growth and profitability, we will get a clearer focus by product going forward, which is reflected in the way we organise, govern and externally report our business as of July 19."
"The planned divestment of the French, Belgian and Luxembourg businesses allows Gunnebo to take the next step and become a more product-focused company that will allow better customer focus, clearer ownership and accountability across the organisation, good utilisation of competence and knowledge in the Group as well as prioritise growth opportunities and innovation."
The day then continued with strategic updates from respective Business Unit SVPs as well as a financial update from Gunnebo’s CFO, Susanne Larsson.
The presentations and a webcast recording from the event will be available on www.gunnebogroup.com from the evening of November 15.
GUNNEBO AB (publ)
For more information, please contact:
Karin Wallström Nordén, SVP Marketing & Communications Gunnebo AB,
tel. +46 708 28 33 39
Gunnebo AB (publ) is a leading, global security provider offering a range of sustainable security products, services and software to retail, mass transit, public and commercial buildings, industrial and high-risk sites, and banks. Gunnebo operates within four core business units: Safe Storage (35% of Group sales), Cash Management (22% of Group sales) Entrance Control (20% of Group sales), and Integrated Security (23% of Group sales). In 2017, Gunnebo continuing operations had a turnover of MSEK 4,900 generated by 4,400 employees located in 25 countries across Europe, the Middle East, Africa, Asia-Pacific and the Americas.
The discontinued business represented MSEK 1,130 turnover with 930 employees in three countries.
Gunnebo’s share (GUNN) is traded on NASDAQ Stockholm under Mid Cap and Industrials.