GPV

OVER AND OUT FROM electronicaFair 2024 We are wrapping up a great week at Electronica 2024! Thanks to everyone who visited our stand and joined us in discussing how we navigate today’s challenges, together. Our theme for this year, “𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗧𝗼𝗺𝗼𝗿𝗿𝗼𝘄, 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿,” perfectly reflects our belief that close co-operation, and trustful partnerships are the keys to succeed in an everchanging world. Besides valuable business talks with customers and suppliers, especially Europe’s competitiveness has been a key topic of discussion this week. In GPV, we are committed to work for and support a stronger voice for the electronics industry in the EU with a focus on making Europe a centre of innovation and opportunity. During the week, we have engaged in insightful talks with many customers about what to expect in 2025, and we have met with many potential new customers. Let’s continue navigating tomorrow, together 🌍 #ElectronicsManufacturingServices #AccomplishMore #NavigatingTomorrowTogether

Q3 2024: Keeping pace in challenging market GPV reported sales of DKK 2.2 billion and earnings (EBITDA) of DKK 186 million for Q3 2024. A slight decline compared to the same period in the record year of 2023. “We are in a special situation that we have not experienced before. We call it a rebalancing phase after the explosive demand for electronics products during and after the coronavirus pandemic. In 2024, we see a continued normalisation of the inventory situation and market rebalancing leading to declining demand. However, we confidently anticipate increased optimism in the industry in 2025,” says Bo Lybaek, CEO at GPV Group A/S. Under the heading “Simplify & Optimise”, GPV has implemented changes aimed at reducing costs and increasing efficiency. Investments are lower than in previous years, and GPV has a flexible setup enabling production capacity on main general production lines to be moved between Operating Business Units to adapt efficiently to customer needs and demand. Click here to read full press release: https://lnkd.in/djrmPCf3 #ResultsAreCreatedByPeople #Accomplishmore #OneGPV #ElectronicsManufacturingServices

Navigating global shifts and the future of EMS🌍 In an insightful interview with the German branch magazine Markt&Technik, GPV's CEO Bo Lybaek and CBO Thomas Kaiser share their perspectives on the shifting global landscape, the increasing role of regional production and GPV's strategic path forward. Key highlights from the interview: 📉 Adapting to a rebalancing market: GPV is actively managing a rebalancing European market and building on a stronger growth in the U.S., positioning itself to navigate these changes effectively. 🌐 Expanding regional production: GPV is doubling production capacity in Mexico, a move aligned with the trend towards “Regional Globalisation,” which supports local production and sustainability goals. 🚀 Focus on innovation: GPV is adopting transformative technologies like AI to stay responsive and adaptable in a complex industry, to ensure agility and a forward-thinking approach to new opportunities. #NavigatingTomorrowTogether #Accomplishmore #oneGPV

Are you looking to expand your business and explore new markets? We can support your growth ambitions with a strong foundation of high-quality products. 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗮𝘁 𝗘𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰𝗮 𝟮𝟬𝟮𝟰 𝗶𝗻 𝗠𝘂𝗻𝗶𝗰𝗵 (𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭𝟮-𝟭𝟱) 𝗮𝗻𝗱 𝗹𝗲𝗮𝗿𝗻 𝗵𝗼𝘄 𝘄𝗲 𝗰𝗮𝗻 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝘆𝗼𝘂𝗿 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 🚀 We will be at Stand no. 115 in Hall A1. #Accomplishmore #NavigatingTomorrowTogether #ElectronicsManufacturingServices

When our customers trust GPV to produce their products, this is based on 60+ years of experience within EMS including complex electronics, mechanics, cable-harness and product & application design. We proudly serve some of the most recognised brands in segments like Industrials, Transportation, and MedTech, with our solutions playing a critical role in making life safer, smarter, and more convenient for millions. Every day, our more than 7,500 dedicated people work with commitment and precision, ensuring the high quality GPV has been known for over the decades. This is why many of our customer relations goes way back. Know more - https://lnkd.in/dqsZwut2 #ResultsAreCreatedByPeople #OneGPV #AccomplishMore

We understand how to reinforce your supply chain, so you can focus on your core business in an ever-changing world. 𝗖𝗼𝗺𝗲 𝘃𝗶𝘀𝗶𝘁 𝘂𝘀 𝗮𝘁 electronicaFair 𝟮𝟬𝟮𝟰 𝗶𝗻 𝗠𝘂𝗻𝗶𝗰𝗵 (𝗡𝗼𝘃𝗲𝗺𝗯𝗲𝗿 𝟭𝟮-𝟭𝟱), 𝘀𝗼 𝘄𝗲 𝗰𝗮𝗻 𝘂𝗻𝗰𝗼𝘃𝗲𝗿 𝗮 𝘀𝗵𝗮𝗿𝗲𝗱 𝗿𝗼𝘂𝘁𝗲 𝘁𝗼 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝘁 𝘀𝘂𝗽𝗽𝗹𝘆 🤝 You will find us in Hall A1 at stand no. 115. #Accomplishmore #NavigatingTomorrowTogether #ElectronicsManufacturingServices

Did you know that 30% of our sales should come from products less than 24 months old with GPV? In 2024, we surpassed that with 36%.   Wonder how we stay agile?   “We work very hard to ensure flexibility in our operations, always keeping our customers’ needs at the forefront. Understanding customer requirements and transforming them into efficient execution and sustainable solutions is our top priority. The target ensures that we stay young, flexible, and agile in our production, allowing us to build close partnerships with our customers. And by taking responsibility for significant parts of our customers' supply chains, we are driven to continuously improve throughput times across all our processes,” says Thomas Kaiser, CBO at GPV Group and continues:   “Process innovation is key to creating value, as we put the customer at the centre of our future-proof process optimisation. Leveraging our vast experience within complex box-build EMS solutions, we consistently strive to find the best solutions together with our experts and our valued customers.”   Curious about how we support our customers throughout the entire life cycle of their products? Click here to know more: https://lnkd.in/dCbQhQwq   #Accomplishmore #ResultsAreCreatedByPeople #ElectronicsManufacturingServices

GPV's Business Development Management Summit – Asia Focus! 🌏 Last week, the first of three Business Development Summits was held in Thailand and Sri Lanka. The summit brought together our Business Development Managers with a focus to discuss core competencies and how our Operating Business Units can support our Business Development Managers in developing our business and continue to be relevant for our customers. "As a technology partner beyond EMS, our goal is to align perfectly with our customers’ needs and deliver not only the services they require but also anticipating and exceeding their expectations. Our Business Development Managers are key in bridging our customers with our Operational Business Units, ensuring trust and reliability remain our top priorities," says Bo Lybaek, CEO at GPV Group A/S. The summit in Asia highlighted: - 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐮𝐧𝐢𝐪𝐮𝐞 𝐎𝐁𝐔 𝐜𝐚𝐩𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 and potential new opportunities - 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐯𝐞 𝐫𝐨𝐮𝐧𝐝𝐭𝐚𝐛𝐥𝐞𝐬 identifying top-fit opportunities using CRM data - 𝐏𝐥𝐞𝐧𝐮𝐦 𝐝𝐢𝐬𝐜𝐮𝐬𝐬𝐢𝐨𝐧𝐬 on strategies to expand market reach and win larger opportunities A fantastic step forward in aligning our strengths and driving growth across Asia and China! #oneGPV #Accomplishmore #BusinessDevelopment #CustomerFocus

Today, we celebrate World Standards Day 2024 Why? Because we understand the value of standardisation and its role in fostering quality, reliability, and safety. World Standards Day is a celebration day to honour the efforts of the thousands of experts who develop voluntary technical agreements that are published as international standards within organisations such as IEC (International Electrotechnical Commission), ISO - International Organization for Standardization, ITU and many more. All our Operating Business Units (OBUs) are ISO certified, which is a prerequisite for us to ensure that we meet the highest standards for handling our customers’ products. In electronics manufacturing, we also adhere to IPC standards, including IPC-610 and J-Standard, which define workmanship requirements to ensure we meet the high-quality expectations of our customers, enabling their products to perform reliably in critical applications within e.g. critical infrastructure, measurement and control and the medical industry. Our certifications ensure that we meet the quality, environmental, health and safety, reliability, and information security standards that are expected of us as a leading EMS technology partner, and we are committed to upholding these standards. Thanks to all the professionals for their work in standardisation 🙏🏼 Curious to see which certificates our factories have? Find them all here: https://lnkd.in/dyu8f7RB #ElectronicsManufacturingServices #ResultsAreCreatedByPeople #WorldStandardsDay

Since 2019, GPV has quadrupled its size. With a total production area of 203,000 sqm, 17 operating business units in 12 countries and a team of approx. 7,500 dedicated people. Curious how size drives success in the EMS industry? 🚀 “With our global footprint, we are able to serve our customers wherever they need us. Our well-placed factory footprint enable us to share best practices and optimise our production. We have four prioritises in our Operations: Safety, Quality, Delivery and a competitive Cost-level,” says Martin Kjærbo, COO in GPV Group A/S. This year, GPV has expanded in Thailand, Sri Lanka, and Mexico and is shortly starting production in Slovakia in an additional 11,000 sqm electronics factory. Want to know more about our global presence? Click here: https://lnkd.in/drgZh-3g #OneGPV #Accomplishmore #ElectronicManufacturingServices