At Dowlais Group plc, we work to deliver against a clear strategy: ✅ We aim for market leadership and industry leading financial performance ✅ We focus on the technological transformation needed to advance the mobility and industries of the future ✅ We accelerate our progress through sustainable organic growth Learn more about our strategy and approach: https://lnkd.in/ejRNax_R #Dowlais
Dowlais Group plc
Engineering Services
London, England 2,127 followers
We are a specialist engineering group focused on the automotive sector.
About us
We’re a specialist engineering group focused on the automotive sector. We generate value and capital growth through a portfolio of transformative and innovative businesses. We develop exceptional products that drive transformation in our world. We do this through our two businesses: GKN Automotive and GKN Powder Metallurgy.
- Website
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https://www.dowlais.com/
External link for Dowlais Group plc
- Industry
- Engineering Services
- Company size
- 11-50 employees
- Headquarters
- London, England
- Type
- Public Company
- Founded
- 2023
- Specialties
- Automotive, Engineering, Technology, Drive Systems, EV Technology, and Powder Metallurgy
Locations
Employees at Dowlais Group plc
Updates
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Steps towards decarbonising our energy usage In case you missed it - earlier this year, GKN Automotive announced it has signed an agreement with Recurrent Energy, a renewable energy supplier, to cover 65% of its European energy load. It's one part of GKN Automotive's journey towards reducing Scope 1 and 2 emissions by 45% by 2030. Read more about the agreement here: https://lnkd.in/gWcT5nZ7 #Dowlais #Sustainability
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Our CEO Liam Butterworth shared his thoughts on how Dowlais Group plc stays agile and responsive to customer demand, through regionalisation of our supply chains and remaining agile to shifts in the market - read more below 👇
In November Dowlais Group plc issued a trading update with our latest trading numbers. We were pleased to be able to update with a performance that was in line with market expectations and to confirm that our full year outlook remains unchanged. We continue to work hard to ensure we stay ahead of what has been a fast-moving automotive market in 2024. One of the reasons we were able to do this is that Dowlais is a truly global business. We operate manufacturing facilities in countries across the world, in the USA, Mexico, across Europe, in China, India and across South East Asia. Dowlais technology and components are in 50% of all light vehicles worldwide, and we supply more than 90% of the world’s OEMs. This is because of our decisions to deliberately reorganise the business to ensure with have the best strategy for serving customers worldwide, adapting to regional and local nuances. This includes regionalising the Dowlais supply chain – something we have achieved over a number of years - which allows us to respond closely to the needs of the many customers which operate across different territories. In practice, this means that when we supply a customer in North America we do so with parts that we manufacture in that market, and ditto for Europe, China, India and the other markets we serve. This accepts that our customers may have different needs according to different regional environments across the globe, whether that be variations in legislative frameworks or consumer demand. It is also a reminder that we must, first and foremost, be aligned to those needs in order for our business to be successful. The other side of the coin is agility. The automotive market has always moved at pace and never more so than now, with all the seismic changes taking place (that I’ve spoken to over the past few months with the Sunday Times and here on LinkedIn). We’ve been proactive in reducing overcapacity in certain markets, which has allowed us to redeploy investment and resources where it’s most effective. None of this is an easy task. The Dowlais team works hard to remain abreast of the market and to position us to prepare for shifts so we remain best placed to deliver for the business. #Dowlais
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Did you know that Dowlais Group plc has operations around the world? Across GKN Automotive and GKN Powder Metallurgy, we have a global footprint with facilities in North and South America, Europe, India, China and across South East Asia. This means we're close to our customers around the world, and can be agile and responsive to shifts in the markets in which we operate. Learn more about Dowlais and our global operations: https://www.dowlais.com/ #Dowlais
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Our purpose at Dowlais Group plc is simple: Engineering transformation for a sustainable world. We do this through our portfolio of market leading high-technology businesses: GKN Automotive, which is the world leader in drive systems and supplies 90% of the world's OEMs with technology across hybrid, ICE and EV applications, and GKN Powder Metallurgy, a leading producer of sintered metal products and atomised metal powders for application in advanced manufacturing. Read more about what we do: https://lnkd.in/eEu5MWmS #Dowlais
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Get to know GKN Powder Metallurgy, part of our portfolio of market leading high-technology businesses. It's the world's leading producer of sintered metal products and a world-class manufacturer of atomised metal powders, with applications across advanced manufacturing and engineering in a range of sectors throughout the world. Not only that, its powder is made 100% from recycled scrap metal. Find out more about GKN Powder Metallurgy: https://lnkd.in/eAjGYzyd #Dowlais
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GKN Automotive awarded Gold rating for sustainability progress by EcoVadis! EcoVadis is an independent sustainability assessor and ranked GKN Automotive among the top 1% of participants in its category. Stepping up to a Gold rating marks progress for the business, which received a Silver rating in 2023 and Bronze in 2022. The rating recognises a number of actions taken by the team towards its sustainability goals in 2024 including: ✅ Announcing a Science Based Targets initiative-approved net-zero roadmap ✅ Commitment to using renewable electricity, having signed an agreement to purchase 65% of its European electricity load from a renewable supplier - that's 2 million megawatt hours over the next 10 years ✅ Strengthened sustainability focus in procurement and reporting processes Congratulations to the team for their progression and recognition! Read more here: https://lnkd.in/eEzCHNT4 #Dowlais #GKNAutomotive #Sustainability
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Double recognition for Dowlais Group plc reporting We were delighted to win two awards for our corporate reporting at the Corporate and Financial Awards 2024 – Annual Report of the year for our overall Annual Report, and a Gold Award for our 2023 Sustainability Report. In both instances Dowlais’ reports were under consideration among some of the largest listed companies in the UK. We’re committed to reporting on our strategic and sustainability progress with as much clarity as possible, so we’re delighted that our reporting has been so well received. Thank you to everyone across the business for their hard work in producing these reports! Read more: https://lnkd.in/d_FPFQ2 #Dowlais
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At Dowlais Group plc we work in line with our core values: Agility: We have a lean central structure and take quick, clear decisions, enabling us to move at pace and respond quickly to opportunity Accountability: We make things happen, get things done and deliver on our commitments, acting with responsibility and integrity Ambition: We set ambitious goals to realise the full potential of our business, deploying our expertise in new ways and new markets to seize opportunities. Learn more about our values and the way we work: https://lnkd.in/eF5wgnp7 #Dowlais
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Today Dowlais Group plc announces a trading update for the 10-month period to 31 October 2024. Performance was in line with our expectations and we are pleased with the resilience of Driveline and the effectiveness of our actions to navigate a volatile market environment. We remain confident in our ability to deliver 2024 guidance, and in the medium term our strategy to accelerate the transition to a powertrain agnostic portfolio will support sustainable, profitable growth and cash generation. For the full details, read more here: https://lnkd.in/eH5n6Xxg #Dowlais