Balyo S.A.
Climate Impact & Sustainability Data (2015-12-31 to 2016-12-31)
Reporting Period: 2015-12-31 to 2016-12-31
Environmental Metrics
Climate Goals & Targets
Long-term Goals:
- an operating margin (operating income, excluding non-recurring expenses, to sales ratio) in the range of 20%.
Medium-term Goals:
- over 20 % market share of the global autonomous material handling robot market, based on an assumed rate of robotization of the worldwide fleet of electric material handling trucks in the range of 3%;
- sales revenue in excess of €200 million
Short-term Goals:
- For fiscal 2017, the Company has notably adopted a sales objective in excess of €15 million
Environmental Challenges
- Risks related to the Company’s ability to maintain its technological lead
- Risk related to the market launch of alternative solutions
- Risks related to the partnership agreements signed with the German group Kion and the US group Hyster-Yale
- Risks related to dependence on end-customers
- Risks related to dependence on subcontractors
- Risks related to software security
- Risks related to intellectual property right
- Liquidity risk
Mitigation Strategies
- Maintaining research and development activities
- Constantly monitoring technological developments
- Extending partnership agreements with Linde Material Handling and Kion Group AG
- Developing alternative sourcing strategies (not explicitly stated, but implied by risk mitigation discussion)
- Implementing suitable means to guarantee the security and integrity of its information systems
- Systems in place to protect its intellectual property rights (patents, software, trademarks and related rights)
- Seeking other sources of financing, in particular through new capital increases