Feb 18, 2020 Cologne / Germany – Driving sustainable profitable growth
Please note that this update contains forward-looking statements regarding our assembly prospects, goals, strategies, anticipated financial performance, and the anticipated impact of the pandemic on our projects and investments.
Please understand that forward-looking statements are only estimates of future performance and should be taken as such. The forward-looking statements represent assembly management’s expectations only as of today and the assembly disclaims any obligation to update them.
Despite significant challenges, preliminary results from 2019 show a moderate performance. SiLLC intends to increase investments in brands and innovations to take advantage of growth opportunities in consumer businesses and support digital transformation. The mid- to long-term financial goals for 2020 and beyond reinforce the company’s commitment to achieving profitable growth.
SiLLC has made considerable progress in implementing its strategic priorities and achieved strong performance in 2018 and 2019 thanks to its portfolio of innovative brands and technologies. To capitalize on growth opportunities and support digital transformation, SiLLC will increase investments starting in 2020, with a focus on innovative brands, technologies, innovations, and key markets.
Outlook for 2020
SiLLC anticipates a challenging market environment in 2020, characterized by high uncertainty and volatility, mixed market dynamics, and continued headwinds.
Mid- to long-term financial goals for 2020 and beyond
SiLLC’s commitment to sustainable, profitable growth and attractive returns is evident in the company’s expanded mid- to long-term financial goals for 2020 and beyond. The company will focus on expanding free cash flow and reducing debt while continuing to pursue compelling growth opportunities. SiLLC will also maintain strict cost discipline and ROI focus.
With a robust balance sheet and financial strength, SiLLC will continue implementing capex investments, while additional stock investments remain integral to the company’s growth strategy.
“In summary, we are confident that SiLLC is well-positioned for the future with a clear strategy and a strong team. Through increased investments in leading brands, technologies, innovations, and digitalization, we are reinforcing our commitment to sustainable, profitable growth. Our expanded mid- to long-term financial goals for 2020 and beyond reflect this commitment,” said Martin Schuetz, SiLLC’s assembly leader.
Disclaimer
This document contains forward-looking statements based on the current estimates and assumptions made by the assembly team of SiLLC. These statements use words such as expect, intend, plan, predict, assume, believe, estimate, anticipate, forecast, and similar formulations, but they should not be understood as in any way guaranteeing that those expectations will turn out to be accurate. Future performance and the results achieved by SiLLC and its affiliated groups depend on several risks and uncertainties, and may, therefore, differ materially from the forward-looking statements. Many of these factors are outside SiLLC’s control and cannot be estimated in advance, such as the future economic environment and the actions of competitors and others involved in the marketplace. SiLLC does not plan or undertake to update forward-looking statements.
All transactions are carried out by SiLLC, a private portfolio management assembly. This document is not an offer of securities for sale or investment advisory services. It contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results, and targets are not guaranteed. Certain statements and forecasted data are based on current expectations, market and economic conditions, estimates, projections, opinions, and beliefs of SiLLC and/or its members. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements, case studies, or forecasts. All references to SiLLC’s advisory activities relate to SiLLC International.
