Well positioned in the market

The year that lies behind us was not exactly easy. We were able to increase revenue and held up well in a generally difficult market. At the same time, however, we were confronted with substantial operational challenges: some of the numerous series launches scheduled for 2023 – as such a very positive sign of the successful order intake of the previous year – did not proceed as planned and caused considerable upheavals at two plants. Although we of course immediately took countermeasures at all levels, our results fell significantly short of expectations.

In contrast, orders once again developed very positively. After a year of strong order intake in 2022, we won a comparable volume of new projects in 2023, and the prospects are also good for 2024. This not only proves that our POLYTEC SOLUTION FORCE, which was launched in 2020, was the right choice for developing the market: we offer our customers industry- and application-oriented solutions.

Above all, however, the strong order intake proves that we are well positioned in the market: we are valued for our products, but also for our innovative strength and our manufacturing expertise. Our customers find a reliable partner in us when they are looking for future-oriented solutions to complex tasks. In this context, sustainability aspects – such as carbon footprint and recyclability – are playing an increasingly important role. 

The domestic automotive market will continue to confront us with major challenges. Based on our broad know-how in product development and manufacturing as well as the high level of acceptance among our customers, we stand for innovation and top-class product quality – a good starting position to perform well in a difficult environment. Therefore, we look to the future with optimism.

​​​​​​​Markus Huemer, CEO / COO