Company Announcements

DKSH Sets Strategic Priorities of Growth, Margin Expansion, and Accelerated M&A at Its Capital Markets Day 2024

Source: EQS

DKSH Management Ltd. / Key word(s): Conference
DKSH Sets Strategic Priorities of Growth, Margin Expansion, and Accelerated M&A at Its Capital Markets Day 2024

18.11.2024 / 07:00 CET/CEST


Media release

At today’s Capital Markets Day in London, DKSH outlines its mid-term roadmap based on the strategic priorities of growth, margin expansion, and accelerated M&A. The company presents updated Business Unit strategies and at the same time drives sustainability by committing to set a science based target. DKSH reconfirms its outlook for 2024.

<p><span> </span><span> </span></p> </div> <div> <p><span><location value="LU/gb.eng.london" idsrc="xmltag.org" >London, United Kingdom</location>, <chron>November 18, 2024</chron> – DKSH, a leading Market Expansion Services provider for companies seeking to grow in <location value="LR/asp" idsrc="xmltag.org" >Asia</location> and beyond, holds its Capital Markets Day in <location value="LU/gb.eng.london" idsrc="xmltag.org" >London</location> today. At the event, DKSH provides insights into all four Business Units with a focus on its strategic priorities of growth, margin expansion, and accelerated M&A. </span></p> <p><span> </span></p> <p><span>DKSH has set the following ambitions in its mid-term roadmap: <span style="vertical-align: super;">[1]<span> </span>[2]</span></span></p> <ul type="disc"><li><span><span style="font-weight: bold;">Growth</span> - Deliver accelerated above GDP net sales growth</span></li> <li><span><span style="font-weight: bold;">Profitability</span> - Expand margins on average by at least 10 basis points per year</span></li> <li><span><span style="font-weight: bold;">Cash Efficiency</span> - Target at least 90% cash conversion</span></li> <li><span><span style="font-weight: bold;">Capital Allocation</span> - Accelerate more impactful M&A<span style="font-weight: bold;"> </span>and continue progressive dividend policy<span style="font-weight: bold;"> </span></span></li> </ul><p><span> </span></p> <p>In accordance with this, each Business Unit pursues an updated growth strategy:</p> <ul type="disc"><li><span style="font-weight: bold;">Healthcare</span> - Expand strong market position and drive into higher value segm<span>ents and services </span></li> <li><span><span style="font-weight: bold;">Consumer Goods</span> - Leverage on leadership position to drive profitable growth in <location value="LR/asp" idsrc="xmltag.org" >Asia Pacific</location> </span></li> <li><span><span style="font-weight: bold;">Performance Materials</span> - Build leading global position in specialty chemicals distribution</span></li> <li><span><span style="font-weight: bold;">Technology</span> - Solidify position as leading Scientific Solutions provider in <location value="LR/asp" idsrc="xmltag.org" >Asia</location> and beyond</span><br/>  </li> </ul><p><span>DKSH reaffirms its dedication to sustainable practices by upgrading its climate ambitions. This includes enhanced transparency on Scope 3 emissions, and the implementation of a comprehensive carbon removal strategy. DKSH will soon submit its near- and long-term emissions reduction targets for validation to the Science Based Targets Initiative.</span></p> <p><span> </span></p> <p><span>In the forefront of the Capital Markets Day 2024, DKSH CEO <person>Stefan P. Butz</person> said: “Over the last years, we have delivered on our promises by capitalizing on diligent strategy execution as well as our resilient and scalable business model. Based on these achievements, we will focus our business even more on growth, margin expansion, and accelerated M&A. Combined with the high commitment of our employees, DKSH will remain the trusted partner for its clients as well as customers and fulfill its purpose of enriching people’s lives.”</span></p> <p><span> </span></p> <p><span>DKSH continues to pursue its track record of creating value in <location value="LR/asp" idsrc="xmltag.org" >Asia</location> and beyond. Accordingly, DKSH reconfirms its outlook for 2024. The company remains well positioned to benefit from favorable long-term market, industry, and consolidation trends in <location value="LR/asp" idsrc="xmltag.org" >Asia Pacific</location>. </span></p> <p><span> </span></p> <p><span><span style="font-weight: bold;">Documents and Recording</span></span></p> <p><span>The Capital Markets Day 2024 starts at <chron>1 p.m. GMT</chron>. The presentation is available <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ead9adbf1695fede4c790e3a3249a0ed&application_id=2031639&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e&application_name=news" style="text-decoration: underline;"><span style="text-decoration: underline;">here</span></a>. <span>The recording of the event will be published on this website in a few days.</span></span><br/><br/>  </p> </div> <div id="_ftn1"> <p><span style="vertical-align: super;">[1]</span><span> </span><span>Assumes economic growth in <location value="LR/asp" idsrc="xmltag.org" >Asia Pacific</location>, at constant exchange rates (CER), and barring any unforeseen events.</span></p> </div> <div id="_ftn2"> <p><span style="vertical-align: super;">[2]</span><span> </span><span>For the definition of Alternative Performance Measures (APM), see </span><a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1781755100a68fc1da2942b2d33a73f7&application_id=2031639&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e&application_name=news" style="text-decoration: underline;"><span style="text-decoration: underline;">Half-Year Report 2024</span></a><span>.</span></p> </div> </div><div markup="footer"><p><span style="font-weight: bold;">About DKSH</span></p> <p><span>DKSH’s purpose is to enrich people’s lives. For almost 160 years, DKSH has been delivering growth for companies in <location value="LR/asp" idsrc="xmltag.org" >Asia</location> and beyond across its <org>Business Units Healthcare</org>, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the <org value="ACORN:3805588589" idsrc="xmltag.org" >SIX Swiss Exchange</org>, DKSH operates in 36 markets with 29,040 specialists, generating net sales of <money>CHF 11.1 billion</money> in 2023</span><span>. <a href="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ad6a79fb0b55269a79836401519a0cff&application_id=2031639&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e&application_name=news" style="text-decoration: underline;">www.dksh.com</a></span></p> </div><div markup="contact"><p><span><span style="font-weight: bold;">For further information, please contact:</span></span></p> <p> </p> <p><span><span style="font-weight: bold;"><org value="Berne:DS5" idsrc="xmltag.org" >DKSH Holding Ltd.</org></span></span></p> <p><span><person>Till Leisner</person></span></p> <p><span>Head, Investor & Media Relations, Sustainability</span></p> <p><span>Phone +41 44 386 7315<span style="display: inline-block; width: 21.94pt;"> </span></span></p> <p><span><a href="mailto:till.leisner@dksh.com" style="text-decoration: underline;">till.leisner@dksh.com</a></span></p> <p> </p> <p><span>Melanie Grüter</span></p> <p><span>Manager, Group Media Relations</span></p> <p><span>Phone +41 44 386 7211</span></p> <p><span><a href="mailto:melanie.grueter@dksh.com" style="text-decoration: underline;">melanie.grueter@dksh.com</a></span></p> </div></div> <br/><hr/><p> End of Media Release<br/></p> <hr/></td> </tr></table><table cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" nowrap="nowrap">Language:</td> <td align="left" valign="top">English</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Company:</td> <td align="left" valign="top"><org>DKSH Management Ltd.</org></td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top">Wiesenstrasse 8</td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top">8008 <location value="LU/ch..zurich" idsrc="xmltag.org" >Zurich</location></td> </tr><tr><td align="left" valign="top"/> <td align="left" valign="top"><location value="LC/ch" idsrc="xmltag.org" >Switzerland</location></td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Phone:</td> <td align="left" valign="top">044 386 72 72</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">E-mail:</td> <td align="left" valign="top"><a href="mailto:media@dksh.com">media@dksh.com</a></td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Internet:</td> <td align="left" valign="top"><a href="http://www.dksh.com">www.dksh.com</a></td> </tr><tr><td align="left" valign="top" nowrap="nowrap">ISIN:</td> <td align="left" valign="top">CH0126673539</td> </tr><tr><td align="left" valign="top" nowrap="nowrap">Valor:</td> <td align="left" valign="top">12667353</td> </tr><tr><td align="left" valign="top">Listed:</td> <td align="left" valign="top"><org value="ACORN:3805588589" idsrc="xmltag.org" >SIX Swiss Exchange</org></td> </tr><tr><td align="left" valign="top" nowrap="nowrap">EQS News ID:</td> <td align="left" valign="top">2031639</td> </tr></table><br/><table border="0" cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" colspan="2"/> </tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td align="left" valign="top" colspan="2"> </td> </tr><tr><td align="left" valign="top">End of News</td> <td align="left" valign="top"><org>EQS News Service</org></td> </tr></table><table border="0" width="600" cellpadding="0" cellspacing="0"><tr><td> <hr/></td> </tr></table><p> 2031639  18.11.2024 CET/CEST </p> <img src="https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2031639&application_name=news&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e" alt="fncls.ssp?fn=show_t_gif&application_id=2031639&application_name=news&site_id=acquiremedia~~~1e491ff3-7da4-4be1-bc7b-b8628d89203e" width="0" height="0" border="0"/></body></html> </body.content></div></div><div class="mod-detail-app__special-actions-row"><div><div 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