Connector solutions that are reliable, and a performance that inspires: ODU looks back on a successful 2014 financial year, with growth of 8% the specialist in electrical connector technology positioned itself very well in the world market. In particular, growth was recorded in the military & security market and in medical technology.
“We’re more than satisfied with the positive annual financial statements, and we see further growth potential in the current year, particularly in the European economy despite all the uncertainties, whilst the US and China will become more essential,” said Dr. Joachim Belz, ODU Management.
With premium connectors for highly demanding applications, the company is generating much of its revenue with tailored solutions. “In this way, we’re less dependent on the general economy while constantly finding new applications,” adds Dr. Belz.
Perfect solutions – worldwide
In Europe, ODU established new subsidiaries in Denmark and Italy. In the UK, the sales team was expanded. In addition, ODU accelerated its activities in the Asian and US markets. Nationally and internationally, the focus is on modular connectors (such as the ODU-MAC), Push-Pull connector series (like ODU MINI-SNAP or ODU AMC), and custom cable assembly. Investment in tens of millions – ensure the latest state of the art products.
“ODU stands for the perfect connection. That’s how we focus, on the one hand on the specific demanding needs of the market, whilst also steadily expanding our technology portfolio,” explained Dr. Belz.