CEO Message
The NSG Group is one of the world's largest manufacturers of glass and glazing products for the building, automotive and specialty glass markets. We employ around 29,300 people, with principal operations in 29 countries and sales in around 130 countries
On 4 November 2010, we announced our Strategic Management Plan (SMP). This set the course for the NSG Group over the next three years, summarizing the main points of our Group strategy to realise the vision of the company; ‘Making a difference to our world through glass technology’ and achieve profitable growth.
During 2010, we conducted a major strategic review, intended to sharpen the Group’s operational focus and ensure that we take full advantage of the synergies offered by an international Group headquartered in Japan.
Announced in November 2010, the Strategic Management Plan (SMP), covers FY2012 to FY2014. It sets out the main points of the Group’s strategy to achieve profitable growth and realize the vision of the Company — ‘Making a difference to our world through glass technology’.
Early investment opportunities were identified in a number of key projects with 12 to 24-month development timescales. We secured funding for these through the Share Offering launched in August 2010.
Funding from the share issuance is allowing the Group to seize important investment opportunities in the technologies that will build a sustainable future, leverage our competitive position and strengthen our balance sheet.
The aim is to create a thriving, innovative global enterprise, taking the Group to the next level in its development, by:
- Maximizing the Company's profitable growth while reducing our net debt/earnings (EBITDA) ratio.
- Ensuring the highest standards of ethics, safety, environmental responsibility and sustainability in all our activities.
- Being innovative in everything we do.
We regard the Strategic Management Plan as a ‘dynamic’ document, on which we will be updating our stakeholders on an annual basis.