Lenovo consolidates its strategy 360 with the second best fiscal year in its history
With double-digit increases in all its business lines, Lenovo has presented some data on 'historical' income and profits for its fiscal year 2024/25, that respond again to its diversified strategy 360 on devices and locations, investment in R&D and its Hybrid AI proposal.
The income of the Chinese multinational Lenovo, together with its subsidiaries, they grew at the close of their fiscal year 2024/25 and 21% interannual until reaching the 69.100 million dollars, an increase that follows the same business pattern in its fourth quarter, with increments above the 20% in their businesses devices, infrastructure and services.
“It has been the second best year in Lenovo's history for billing and profits, after that of 2020, with the demand for devices in the pandemic -explains Alberto Ruano, executive director and CEO of the Iberian subsidiary. This has much more value, because the market has recognized the good work of the company with a diversified and 360, and a constant investment in R&D”.
Ruano wanted to highlight that the 49% of global turnover now corresponds to the “non-PC world, with increments of 5% year by year, without decreasing PC sales, that continue to grow. Something that we have been saying for more than three years and supports the company's diversification strategy”.
All geographies have achieved double-digit growth compared to last year, reflected in similar increases in each of Lenovo's businesses: IDG (devices), with more than 13%; ISG (infrastructure), with the 63% y SSG (services), with the 18%, “what it offers a spectacular photo as a global company”, says the CEO of Lenovo Iberia.
These results, as this person points out, have not been the result solely of the group's overall focus on executing a clear strategy, but also of their integrated global operations (design, demand prediction, provisioning, manufacturing, marketing, sales and services), ODM+ manufacturing model and flexible supply chain, with your vision Hybrid AI as core.
As Ruano points out, “we have made the right decisions to lead the market. Besides, it's a very positive message for the market, that has to continue growing. The sale of AI devices will mean around 30% in 2025, to which is added the updating of equipment with Windows 11 and the kit digital. We have an exciting year ahead, and at Lenovo we like possible challenges”.
Continue it investment in R&D It is the basis to maintain and continue this line of growth, “dedicating 261 million dollars more than last year, with a 13% interannual”, explains this manager, in addition to the diversification of operations, with over thirty manufacturing locations (own and outsourced) in eleven different markets around the world, with the opening of a new headquarters in Saudi Arabia, fruit of strategic agreement with the Alat investment fund.
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