Energy markets and sells products for the transmission and distribution of electricity and products in electrical safety, electrical installation and connection technology (circuitry). Its customers mainly operate in the energy and electrical installation market via specifiers and electricity wholesalers.
The business area focuses on the markets for electrical power distribution and electrical installation, as well as products and solutions in electrical safety, energy efficiency and connection technology.
In addition to trading, this area's companies also manufacture niche products under their own brands.
Value-adding customisation of standard components and solutions, working closely with customers and suppliers, happens mostly in products for electric power transmission. Some companies also offer aftermarket services such as training, service and support, which help build long-term customer relationships and generate regular income.
Energy’s companies hold leading market positions in their respective niche areas in electrical power products and electrical safety.
Demand is relatively stable, but is affected negatively by low energy prices, which curb investments in the sector. However, the business area provides a large proportion of aftermarket services, which are driven by maintenance requirements.