To the next level with four additional accelerators
The Comet Group is profitably and rapidly moving forward. At its Investor Day, CEO René Lenggenhager, who assumed office in May, is reaffirming the Group's existing strategic direction. The Comet Group has significantly accelerated its growth in 2017, with all segments expanding strongly, and is marking important milestones in the execution of its strategy. The ongoing initiatives are well on track and new sets of measures were launched in 2017.
To prepare the Group for the demands of the future and be able to seize opportunities more quickly, the Comet Group will invest in four additional levers – digitalization, diversification, speed & agility and go-to-market – and has launched projects to drive these themes forward.
The Comet Group is active in growth markets, is opening up appealing new applications with its technologies and has made strong growth. The management and Board of Directors therefore expect the 2020 targets of CHF 500 million in sales and an EBITDA margin of 16% to 18% to be achieved early, in 2019. In the next few years the Comet Group will invest substantially in the expansion of production capacity, the development of new applications and in the four additional strategic levers. Despite this investment, the Group expects to sustain its continual generation of value.