SteelcoBelimed sets growth and profitability targets

SteelcoBelimed, a joint venture in which Metall Zug has a 33% stake, announced plans to achieve growth and profitability targets, including focusing on existing locations, streamlining the product portfolio, and bundling the organization. The joint venture closed its merger on June 7, 2024, and aims for a 10% EBIT margin in the medium term.

“During the integration phase, which lasts around three years, SteelcoBelimed will position itself for profitable growth, with a target EBIT margin of 10% in the medium term.”lesechos-comfi.lesechos.fr

• 1 source
• lesechos-comfi.lesechos.frMetall Zug AG |Metall Zug AGSep 30, 2024

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