Since I started to work here in February 2018, I have come to know ZF as a company that is dynamic, versatile and, above all, successful.
In the 2017 fiscal year, the company earned record sales of €36.4 billion and made considerable investments while simultaneously reducing its debt load resulting from the 2015 acquisition of U.S. company TRW. Meanwhile TRW has been integrated to a great extent, which was a truly major project. ZF is now “one company”. This opens up our company to future opportunities that we will leverage to address changes in our industry.
From a technological and customer value perspective, we remain committed to shaping the mobility of tomorrow.In the process, we are ambitiously pursuing the promise that we have made with our claim “See – Think – Act“, in other words, ZF solutions that enable vehicles and industrial application to see, think and act. This new ZF image is becoming increasingly visible for our employees, customers and all other stakeholders. We are receiving significant volume production orders not only for our conventional driveline and chassis technology as well as active and passive safety technology products, but also increasingly for e-mobility and automatic driving functions.
This positive development is no coincidence, rather the result of the commitment of all company employees over the last years. Our strategy is on the right track! And we will continue to implement and improve upon it. Together with all our employees, I am looking forward to continuing the success story of ZF in 2018 with customers worldwide who are convinced of our established products and innovations.
Chief Executive Officer