Kendrion NV 2019 IR
The report outlines Kendrion's performance and strategic progress during the challenging fiscal year 2019. Despite a global economic downturn that impacted both the automotive and industrial sectors, the company achieved organic growth of 29% in China and successfully announced the acquisition of INTORQ to strengthen its position in the industrial brakes market. Additionally, Kendrion introduced five innovative 'ACES' Lighthouse platforms in its Automotive segment and launched a new compact safety brake line for collaborative robots. On the sustainability front, the company completed a five-year roadmap targeting a 15% relative reduction in energy consumption and CO2 emissions by 2023.
Company: Kendrion NV
Sector: Manufacturing
Country: Netherlands
Year: 2019
Type: IR
Pages: 183
Kendrion NV
The report outlines Kendrion's performance and strategic progress during the challenging fiscal year 2019. Despite a global economic downturn that impacted both the automotive and industrial sectors, the company achieved organic growth of 29% in China and successfully announced the acquisition of INTORQ to strengthen its position in the industrial brakes market. Additionally, Kendrion introduced five innovative 'ACES' Lighthouse platforms in its Automotive segment and launched a new compact safety brake line for collaborative robots. On the sustainability front, the company completed a five-year roadmap targeting a 15% relative reduction in energy consumption and CO2 emissions by 2023.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees