SLIDE 41 Gunnebo CMD September 20, 2012, page 81
Spain/ Portugal
- Staff reduction approx. 100 FTE
- Closure of 11 locations
Germ any
- Pilot in petrol chains (ARAL/ BP)
- Services project to improve
quality and profitability
Nordic
- New contracts with ICA and
Axfood
UK
- Doubling turnover on key account
through collaboration with other Gunnebo markets where customer plans to establish
Gunnebo Response in Mature Markets
- 1. Increasing focus on grow ing
m arket segm ents (e.g. retail) while retaining our leading position in core m arket segm ents (e.g. bank) 2 . Professionalizing our services in
- rder to increase recurrent
business 3 . Restructuring low -perform ing com panies to reach a new, and lower, cost base
- 4. Continuing our KAM program
I n 2 0 1 2 , w e have addressed the situation by: Specific exam ples:
Gunnebo CMD September 20, 2012, page 82
Business Climate in Growth Markets
- Compared to previous years, GDP grow th has
generally low ered in our growth markets in Middle- East, Africa, Eastern Europe, CIS & Russia but rem ains higher than in W estern Europe.
- GDP growth in Eastern European countries where we
have sales offices is 2.1% .*
- GDP growth in Com m onw ealth of I ndependent
States ( CI S) is 4.2% . A few highlights: Russia (4.0% ), Ukraine (3.0% ), Georgia (6.0% ).* *
- GDP growth in Middle-East and North Africa is 4.2% .
A few highlights: UAE (2.3% ), Saudi Arabia (6.0% ), Morocco (3.7% ), Turkey (2.3% ).* * The Arab Spring and w ars in Libya and Syria have put pressure on the political and economic climate in the region.
- GDP growth in Sub-Saharan Africa is 5.4% . A few
highlights: South Africa (2.7% ), Kenya (5.2% ), Ghana (8.8% ).* *
- This region provides high grow th potential for our
business
* Source: IMF - http://www.imf.org/external/pubs/ft/reo/2011/eur/eng/pdf/ereo1011.pdf (table 1) * * Source: IMF - http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf (table 2.6 + 2.7)
