The COVID-19 pandemic has convinced SFS that it is on the right track strategically. The cornerstones of its strategy were a major reason why the company was able to close the past financial year with a good set of results:
- Consistent implementation of our “local-for-local” strategy, making us a local engineering partner for customers around the world and enabling us to supply them with locally manufactured components.
- Balanced focus on applications across different end markets and geographies in order to reduce the impact of economic cycles and crises on business operations.
- Establishment of a leadership position by concentration on a selection of core technologies allows us to realize the full potential of the selected technology.
- A healthy balance sheet is the basis for continuous, forward-looking investments.
SFS remains committed to its strategic roadmap and will continue to steadfastly implement it.