Thinking in the big picture
On the one hand, POLYTEC puts its technological know-how at the service of its customers in the form of products. On the other hand, the company also strives for development partnerships with strategically important OEMs, most notably in the areas of e-vehicles and battery applications. It is not unusual that win-win situations are identified along the way and lead to concrete orders. The collaboration with FlyNow is one such example. The company works on 3D mobility and is currently developing an autonomously controlled air taxi. POLYTEC will supply a broad spectrum and large quantity of components for the series production of the aircraft. Read more about it on page 10 of this report. Most importantly, however, POLYTEC uses its technological and development expertise to strengthen its position as a highly competent partner for metal substitution, lightweight construction, functional integration, circular economy, recyclability and other hot topics of the future. All of this is essential for POLYTEC’s relationship with its customers.
Along with the very high level of incoming orders in the 2022 financial year, POLYTEC also expects a substantial increase in revenue. A number of projects that started out in recent years are expected to reach full volume for the first ime in 2023. The required production capacity is available, with no major investments necessary.
These positive developments are remarkable – especially given the enormously challenging economic environment: a pandemic with effects that are still tangible, Russia’s attack on Ukraine, high energy prices, a massive increase in inflation, disrupted supply chains, volatile call-offs, fundamental changes in the automotive market and a persisting shortage of labour. Rarely did industry have to face more diverse challenges. But POLYTEC is relatively well off in this situation because the structural streamlining of the past years set up an outstanding organisational as well as technological foundation based on which the group can perfectly use its enormous know-how to develop the market.
With the POLYTEC SOLUTION FORCE, POLYTEC not only strengthened its position among existing customers, but is also in a significantly better position to develop new segments.
As a technology partner for complex plastic solutions, the company is more sought-after than ever. A good reason for the POLYTEC GROUP to look to the future with optimism, even in times of multiple challenges.