Last week, DLG Group launched a three-year transformation program to enhance competitiveness and strengthen the core business to create a stronger and more modern company for the future. It will deliver significant efficiencies targeting EBITDA improvements of 1 billion DKK over the next three years, while 600 million DKK will be strategically reinvested back into the company to enable and sustain the transformation.
The new organizational setup is the first important step in enabling the transformation. It will enable maximization of scale and synergies, ensure more functional excellence and accelerate execution power and performance management through increased transparency, clear accountability and faster decision-making. In addition, the new organization will have great emphasis on the frontline of the business to strengthen the customer and owner relations.
“The new structure we are implementing is essential to the transformation we have initiated and will enable DLG Group to become more cost-efficient and future-proof, as well as ensure the Group acts more as one team towards the future. We are organizing our agribusinesses into one unit to capture our scale, drive efficiency, and accelerate best practices across markets. We are increasing focus on Vilofoss to enable growth and we are creating a stronger corporate center with a focus on driving excellence and delivering more value to the business. We will lead DLG Group in a new, more direct, and integrated way, focusing on stronger execution and improved performance management. In other words, we will run DLG more as a Group," says Group CEO Peter Giørtz-Carlsen and continues:
“I am also excited to announce my new leadership team and for the opportunities our new organization brings for my colleagues across the group. It offers them new ways to develop and grow as part of a winning team backed by the strength of a truly international company.”