Our business idea has demonstrated its efficency with an annual growth rate of 13.1% in sales and 17.4% in EBITA 2006-2016. Lifco’s business idea is to acquire and develop market leading, niched companies.
We have acquired more than 40 companies across the world since 2006.
Our subsidiaries operate in the areas of: dental materials and equipment; demolition tools and attachments to cranes and excavators; interiors for vehicles; contract manufacturing; environmental technology; sawmill equipment and relining.
Clear corporate philosophy
We are guided by our corporate philosophy implying a long-term investment profile, focus on profitability and a highly decentralized organization.
Lifco’s corporate philosophy
Long-term investment profile with no time-limits connected to holdings.
Focus on profitability
Good profitability is a prerequisite for sustainable growth.
Our subsidiaries have a high degree of independence. That is the foundation for the creation of an entrepreneurial spirit. We never compromise with profitability and compliance with our code of conduct.
Main objective to improve earnings
Our aim is to secure that the subsidiaries continuously improve earnings and deliver strong cash flows.
Our belief is that profit is a prerequisite for long-term growth.
A profitable operation has the strength to deliver high quality products and services to its customers. It will also be a good workplace for its employees. A profitable operation can afford to invest in product development, distribution and services. Thus it can meet both customers’ and employees’ needs also longer-term.
A strong cost focus is required to stay competitive and to be profitable long-term. We aim to minimize costs that are not related to manufacturing, sales or product development. Our experience says that this approach both lower costs and create a greater employee commitment.
Dividend should be based on Lifco Group’s profit with regard to its financial position and future opportunities. The long-term target is to have a stable dividend development and dividend should represent 30-50 percent of post-tax earnings.