Alimak Group (ALIG) CMD 2025 summary

Strategic Direction and Financial Targets

• Launched New Heights 2.0 strategy to accelerate profitable growth, raising annual revenue growth target to 8–12% and adjusted EBITA margin to 20% by 2028, with a leverage ratio below 2.5x and a dividend payout of 40–60%.

• Transitioned from a product-focused to a decentralized, customer- and market-driven organization, emphasizing accountability across five divisions.

• Maintains a CapEx-light, cash-generative business model, supporting ongoing deleveraging and stable dividends.

• ROSI and EPS have improved significantly, with EPS more than doubling over five years and ROSI now above 10% including goodwill.

• Strong track record of margin improvement, cash generation, and increasing ROCE and EPS over recent years.

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 decarbonisation.

• 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 products (e.g., battery-powered lifts, robotic service trolleys, integrated facade data solutions) is central to differentiation and margin expansion.

• Focus on energy efficiency, product design, and circular solutions to meet sustainability goals.

Division Highlights and Growth Drivers

• Construction: Focused on digitalization, product expansion, and alternative access solutions; positioned for market upswing post-2026 and targeting group financial metrics by 2028.

• Industrial: Achieved high profitability (25.5% EBITDA, 126% ROCE excl. goodwill), driven by service contracts, aftermarket improvements, and globalizing traction elevator offering.

• Wind: Leveraging innovation in lifts and internals, expanding after-sales and safety products; positioned for robust growth as global wind capacity rises.

• Facade Access: Improved EBITDA margin from 2.5% to 12.4% since 2021, focusing on project discipline, aftermarket, infrastructure, and shift to data-driven asset management.

• Height Safety & Productivity Solutions: Streamlining organization, targeting 8–12% revenue growth and 20% EBITDA, with focus on customer segmentation, geographic expansion, and M&A.