Creating value through long-term business development within building-related activities.
Business strategy
Monberg & Thorsen is exercising active and significant influence on strategy, acquisition activities, management and finance within its business areas. It is doing so through representation on the Supervisory Boards of the consolidated enterprises and by setting financiel requirements and targets. The parent company's functions are taken care of by a small organisation.
The core areas are characterised by a strong market position in their respective sectors. There are no plans to make any acquisitions in related sectors at present.
- Dyrup
Dyrup aims to be a strong alternative to the large, global paint and wood care suppliers in Europe.
Dyrups business model must draw on the local units' market knowledge and flexibility, which, coupled with the international infrastructure and powerful brands, provide a sound platform for future value creation.
The objective is that, from 2010, Dyrup must be a business that generates a positive operating profit, and the target within the next few years is for Dyrup's profitability to match that of the other manufacturers in the European market.
- MT Højgaard
MT Højgaard aims to be the leading building and construction company in Denmark, focusing on profitability and profitable growth.
The MT Højgaard Group's strategy features a Group revenue target in the order of DKK 12 billion by 2010 and a target of achieving a pre-tax margin of 2-2.5% within a few years. In pursuing the revenue target, the MT Højgaard Group's risk management guidelines must be observed. With a pre-tax margin of 3,2% in 2008, the latter target has been met, and it is MT Højgaard's ambition to raise the pre-tax margin to around 5% within a few years.
MT Højgaard's highest priority is profitability, and the company is focusing on initiatives that can push up earnings and raise the pre-tax margin in the individual areas. MT Højgaard is being highly selctive when identifying new projects, both from an earnings point of view and in terms of other criteria. This may lead to a drop in the level of activity in the longer term as a possible and accepted consequence.
| Management President and CEO Jørgen Nicolajsen |

