Alimak Group (ALIG) CMD 2025 summary

Strategic direction and transformation

• Transitioned from a product-focused to a customer- and market-driven organization, emphasizing decentralization and accountability across divisions, each responsible for their full customer journey and measured on result-driven KPIs.

• Launched the 'New Heights' strategy in 2020, progressing to 'New Heights 2.0' (2026-2030) to accelerate profitable growth, with a focus on operational excellence, people development, and tailored segment approaches.

• Updated financial targets for 2028: annual revenue growth of 8-12%, adjusted EBITA margin of 20%, leverage ratio below 2.5x, and dividend payout of 40-60%.

• Strong track record of margin improvement, cash generation, and increasing ROCE and EPS, with further improvement expected through margin expansion and disciplined capital allocation.

• Emphasis on resilience, diversification, and leveraging megatrends such as urbanization and safety.

Sustainability and innovation

• Achieved a 43% reduction in CO₂ emissions by end of 2024, surpassing the previous 30% target, and committed to Science Based Targets initiative (SBTi) for decarbonization.

• Updated sustainability goals: employee NPS above 40, LTIFR below 2, and over 90% of direct material suppliers signing the Code of Conduct.

• Focus on technology leadership, digitalization, and partnerships (e.g., Skyline Robotics) to enhance product offerings and asset management.

• Innovation in energy efficiency, product design, and circular solutions to meet sustainability goals.

• Transition plan in final phase to align operations and supply chain with science-based targets.

Division highlights and growth drivers

• Construction: Focused on technology leadership, digitalization, and expanding product and service offerings, including MCWP and smart hoists, positioned for growth as construction cycles recover.

• Industrial: High profitability driven by resilient aftermarket, globalizing traction elevator offering, and selective M&A to complement rack & pinion and aftermarket capabilities.

• Wind: Positioned for robust growth as global wind capacity expands, leveraging innovation in lifts, safety products, and aftersales services.

• Facade Access: Significant margin improvement, focus on new construction, aftermarket, infrastructure, and shift to data-driven asset management.

• HSPS: Stable, cash-generative business with ambitions to streamline operations, expand geographically, and grow through organic and inorganic means, including the Interlift acquisition.