we expect incremental margins in that region to be in the 35
percent to 40 percent range.
Roy: As of now, the Decorative market (architecture) and the
Automotive market are the the two big growth opportunities
for us.
Shaver: We look for growth opportunities across all the segments we serve. While some economies have slowed, our global
footprint means we can capitalize on strong markets elsewhere.
For example, we’ve won important new business among
multi-shop operators (MSOs) in the refinish segment in North
America. Axalta also will benefit as the number of shops managed by our MSO partners increases in 2016. Our acquisition
in the U.S. of ChemSpec USA will help increase our penetration
in the mainstream refinish market. In the Benelux, we acquired
Metalak which will continue as our Spies Hecker distributor
and continue to produce its Paint Plus portfolio of products. In
the OEM transportation arena, we announced plans to double
production capacity in India to meet anticipated OEM demand.
Our industrial offerings cut across hundreds of end-use markets.
That diversity provides exciting opportunities for growth. Last
year, for example, we launched Ganicin, a coating for highly
corrosive environments such as water parks.
Rodriguez: Decorative segment continues to be the area with
the most opportunities.
CW: What is your business strategy for
growth in 2016 and beyond?
Büchner: Achieving our 2015 financial targets represents significant progress for the company. However, we know we must continue to improve to achieve our vision of leading performance
in all the markets in which we operate. So we are maintaining
that same vision for the next phase of our strategy development,
which includes new financial guidance. For the period 2016-
2018, our guidance is: return on sales between 9 and 11 percent,
return on investment between 13 and 16. 5 percent and clear
aim to build on the foundation we have created and grow in line
with, or faster than, our relevant market segments.
Falder: We see the opportunities for us growing but we want to
remain a speciality house. HMG set out to be a good company
to do business with. Growth we see as a by-product of the job
we do for our customers. We aim to grow at an organic or organic plus level year on year, but in business we accept we get
what we deserve.
Kamieth: We expect 2016 to be another year characterized by
high volatility which is why a clear focus on attractive markets
as well as overall agility remains key. Our recent announcement
to divest our Industrial Coatings business underlines this strategy and allows to further increase our focus on the attractive
