Strategy Hydraulics Systems

The Division’s strategy is based on six key components: 

• To offer customers added value in the form of high service levels and system solutions.
• To continuously improve quality and production efficiency.
• To develop operations in China.
• To bring the EMS and Varivent development projects to successful series production.
• To develop our presence in the engine market
• To actively seek acquisition opportunities

Key events in 2007

• Acquisition of Runguang Hydraulics in China
• Production start for hydraulic systems at the new factory in Suzhou, China
• Volume production of the Alfdex separator for several new customers
• Continued work on the Six Sigma method as part of a zero-defect initiative
• Continued progress for development work on Varivent and EMS

Focus in 2008

• Increased customer value.
  
• Commencement of production for shipments to new customers.
  
• Product development.
  
• Development of Chinese operations.
  
• Intensified quality programs.
  
• Integration of the during 2008 acquired Concentric.

Net sales and operating income

Net sales per region

* Excl. restructuring costs