Range restructuring
As part of its new strategy, Dometic intends to discontinue certain product lines deemed non-strategic. These include large compressor refrigerators, generators and low-margin camping equipment. These product categories are perceived as offering few synergies with the Group's core portfolio. The restructuring is aimed at concentrating efforts on growth markets, notably active coolers and other high value-added equipment.
Plant closures and logistics reorganization
The plan calls for the closure of two manufacturing sites and five distribution centers, affecting around 500 jobs. This decision, although economically strategic, raises questions about the conditions under which employees will leave and the potential redeployment of the activities concerned.
Implications for supply chains
With the reduction in distribution points, the challenge will be to ensure continuity of deliveries and limit interruptions for business customers. This reorganization could also result in longer lead times for certain products.
Restructuring costs are estimated at SEK 1.2 billion, and the Group is counting on a return to improved profitability by 2027, with an EBITA margin target of 18%. However, this projection is based on favorable economic assumptions and smooth execution.
The Marine segment, although mentioned as one of the segments affected by the restructuring, seems to be preserved in its main ranges, but changes to the offering will be presented shortly.