SabriScan created a unique business model - disrupts the global moulds industry and accelerates growth
”Our unique business model works. It attracts the most wanted clients in the industry. We are proceeding at a good pace towards being the most desired service partner, for example, for Renault, VW, Jaguar Land Rover, Aston Martin, Mercedes Benz andTata Motors,” says Managing Director Jari Kokkonen.
The Finnish company SabriScan operates as a mould supplier for companies such as Valeo, Hella and Schieffer which are the top Tier1 manufacturers of the giant car makers. SabriScan which globally delivers moulds, is breaking the operating methods of the international moulds industry, in other words it is disrupting them. The role of a disruptor is extremely rare in global mechanical engineering.
” Recent years have proven that our unique business model works in the industry. In 2019, the growth of sales and turnover will lead to a significant leap in growth and profitability. In the past two years, the number of purchasing customers has tripled and the order backlog is strong. Now we just need a slight additional boost for the number of customers to continue to grow,” says Kokkonen.
The customers come from the international automotive lighting industry and other moulds markets, such as from the electrical and electronics industry and the consumer products sector. SabriScan’s business model is scalable - in other words, profitability increases by increasing sales. The operating model is based on global delivery, local customer service, a quality that has been improved with lean methods, delivery reliability, engineering expertise and a sizeable manufacturing capacity. SabriScan’s sales increased in 2018 by more than 50 percent to 8,7 million euros.
In addition to Riihimäki’s high-expertise engineering workshop, subsidiaries that serve customers are situated in India and Romania. During the spring, SabriScan is also joining the Swedish market and a subsidiary is being opened in Morocco. There is a lot of manufacturing capacity in China and it is enough for rapid growth. The goal is to 4-fold the sales. In the long term, the company aims for an operating profit of up to 12 percent, which would represent the top end of the industry.
” Approximately 2/3 of the company’s turnover comes from Finland, but the aim is for more than half of the turnover to come from international markets. We also want our domestic business operations to continue to form a significant proportion,” says Kokkonen.
Additional information is provided by
Managing Director, CEO, Jari Kokkonen
Telephone: +358 40 514 6046
Email: jari.kokkonen [at] sabriscan.fi
SabriScan is a Finnish growth company, which was established in 1998 and which internationally delivers moulds. The company’s competitive advantage is a unique business model in the industry. The business model is based on the global delivery of moulds, local service partnerships and a globally sizeable manufacturing capacity. SabriScan’s growth of turnover, ability to produce results and financial position are strong.
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