Increasing Capacity a Top Priority for 2025
RIVAL has emerged strong since 2024. Turnover has surpassed DKK 100 million, with solid profitability following suit. The goal for 2025 is to maintain this growth.
“We feel very well prepared for the future and our growth ambitions,” says CEO Henrik Holvad. “We live in uncertain times and need to be robust and ready to adapt if necessary. We are, and our employees play a significant role in that.”
Increased Capacity and Uptime
A crucial prerequisite for achieving these ambitious growth plans is increased capacity, which also enhances RIVAL’s flexibility and robustness.
“We have therefore invested a double-digit million in the latest machines and automation solutions,” Henrik explains. “At the same time, we are continuing our efforts to increase our uptime on all our machines. Our digitalization project, Advanced Digital Manufacturing, is at the core of this, where we gain more spindle hours by moving non-productive startup and setup hours away from the machine and into the office. This approach is supported by VERICUT, a software program for CNC machining simulation, and ZOLLER, a management system for handling all our tools.”
Education and Learning
We must continuously develop and strengthen the interaction between our employees and machines by continuing to train our skilled workforce towards Industry 4.0. This approach allows us to make the most of our talented hands while maximizing the technological opportunities available. It makes me proud to witness the unique and valuable teamwork between generations in our workplace, where we recognize and leverage each other’s competencies.
We also see the benefits of this in our apprentices. We strive to contribute to the industry’s development by consistently having a handful of apprentices. It is rewarding to see them grow with their tasks in collaboration with their colleagues.
Growing Demand
We look forward to 2025, where we can continue developing our solid partnerships with key international customers in the defense industry. It is a growing market—unfortunately, under sad circumstances.
“We have a strong foothold in the market. It is wonderful to experience that our customers want to do business with us—and that our employees are performing exceptionally well. We look forward to building on that,” concludes Henrik Holvad.
