Message from Henrik, our CEO
Dear Valued Stakeholders and Partners,
As we reflect on 2024, we are proud to share the remarkable journey of our company through a challenging global economic landscape. This year has been defined by strategic adaptation, innovative thinking, and an unwavering commitment to our long-term vision.
Adapting to a Changing Landscape
In response to economic headwinds—including higher inflation and market uncertainties—we implemented targeted strategic initiatives to enhance our operational efficiency and market positioning. Key actions included:
- Restructuring our Label Systems division to focus on core strengths
- Consolidating operations to drive greater efficiency and performance
- Strategically realigning our business portfolio to meet evolving market demands
Investing in Innovation and Growth
Despite challenging conditions, we remained steadfast in our commitment to innovation. Highlights from 2024 include:
- Launching the trailer version of our revolutionary AutoUnloader
- Introducing the ErgoRider to expand our Loading & Unloading solutions
- Significantly expanding our Aftermarket services across international markets, creating new value streams and support capabilities for our global customer base
Embracing Digitalization and Sustainability
Our strategic approach extends beyond immediate market challenges:
- Established the Caljan Training Academy to invest in talent development
- Launched a new Technology Centre in Latvia to showcase our cutting-edge innovations
- Committed to ambitious emissions reduction targets: 42% reduction by 2030 and 90% by 2050
Aftermarket Expansion: A Strategic Priority
In 2024, we made significant strides in our Aftermarket division, focusing on:
- Developing comprehensive service packages tailored to diverse market needs
- Enhancing our global support infrastructure
- Creating flexible, adaptable aftermarket solutions that provide added value to our customers across different regions and industries
Looking Ahead
Early market indicators suggest a potential recovery. We are positioning ourselves to capitalize on emerging opportunities, with a continued focus on innovation, digitalization, and sustainability.
Gratitude and Hope
To our customers, partners, and dedicated team members: your support and resilience have been instrumental in navigating this transformative year. We enter 2025 with confidence, strategic clarity, and an excitement for the opportunities ahead.
Thank you for your continued trust and collaboration.
With warm regards and heartfelt thanks,
Henrik Olesen, CEO
