After a year of consolidation at NTF-Aalborg, the company can now again show a satisfactory positive result, and a significant improvement over the previous year. NTF-Aalborg provides thread products and solutions primarily for the Food &pharma segment, where hygiene and safety are in focus. The beautiful accounting has been achieved regardless of the fact that a lot of resources have been spent on increased efficiency and profitability as well as exciting product development initiatives.
NTF-Aalborg wants sustainable growth based on their core competencies within solutions in round steel, wire mesh and thread products. In the industry, there is an increased focus on safety and the working environment. In addition, there is currently a Megatrend in food processing worldwide. Thus, it is the large food producers who set the standard in the market, and it is felt in the form of bustle at NTF-Aalborg.
'In particular, we have seen increased interest in our modular shielding solutions. It is a very flexible system that ensures fast installation and makes it easier for our customers to create high safety and good hygiene around their machine solutions' says Product Manager at NTF-Aalborg, Thomas Moust.
Preparing for further growth
Based on the growth strategy and the general expectations for the market, NTF-Aalborg expects further growth. 'At NTF-Aalborg, we have been focused on growing our foreign business. The Danish market is still our most important market, but with the expected growth in several export markets, we get a good balance in the company and spread our business into more markets, says Ceo Peter Petersen.'
'Based on the foundation created in the last year, the general development of the market, our dedicated employees and the increased requirements for safety and hygiene in the market, NTF-Aalborg expects to see increasing turnover in the coming time, petersen concludes.