Componenta Corp 2014 AR2
The report highlights Componenta's efforts in 2014 to improve operational efficiency and renew its capital structure, resulting in a lengthened average debt maturity and reduced borrowing costs. Despite a challenging business environment that led to a 3% decrease in net sales, the company successfully implemented its Group-wide efficiency program, achieving EUR 27.5 million in cumulative savings by the end of the year. Key environmental initiatives included the installation of a new casting sand system in Turkey and a heat recovery system in the Netherlands to reduce waste and emissions. Additionally, Componenta combined its quality and engineering functions to enhance customer service and continued its international trainee program to develop future talent.
Company: Componenta Corp
Sector: Manufacturing
Country: Finland
Year: 2014
Type: AR2
Pages: 112
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Componenta Corp
Annual Report
The report highlights Componenta's efforts in 2014 to improve operational efficiency and renew its capital structure, resulting in a lengthened average debt maturity and reduced borrowing costs. Despite a challenging business environment that led to a 3% decrease in net sales, the company successfully implemented its Group-wide efficiency program, achieving EUR 27.5 million in cumulative savings by the end of the year. Key environmental initiatives included the installation of a new casting sand system in Turkey and a heat recovery system in the Netherlands to reduce waste and emissions. Additionally, Componenta combined its quality and engineering functions to enhance customer service and continued its international trainee program to develop future talent.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Total Waste
Women on Board
Women in Management
Employees