2018 was a successful year for BB Electronics, with solid top line growth and improved profitability. This gives room for increased investments in new services for customers.
Yet another successful year gives BB Electronics the opportunity to expand their palette of services. Already last month BB Electronics acquired a new, well-functioning factory in the Czech Republic. ”We are following our long-term plan for the development and growth of BB Electronics, and the good results of recent years mean that we can remain ambitious in our goals,” says CEO Carsten Christensen.
"It is important for us to develop with the needs of our customers. We have several customers who outsource a larger share of their production and logistics, while focusing on, e.g., product development and sales. Therefore, to a greater extent, we take care of the customers’ needs for box build, configuration and distribution to their customers. We see it as a natural development in our business model," Carsten Christensen adds.
Growth in 2018 comes from both BB Electronics’ Chinese factory in Suzhou and from the headquarters in Horsens, Denmark, and the positive development is expected to continue in 2019, when the newly acquired factory in the Czech Republic will also contribute to the development. ”We are very positive about the developments this year as well as in the years to come, where we continue our technological focus on automation and increased capabilities that our customers benefit from,” says Chairman Sven Ruder.