Diebold Nixdorf sets its sights for the near term with 'DN 2020'
The year 2020 practically begs a company to formalize a clear-eyed vision for the future. Its powerful symbolism certainly has not escaped Diebold Nixdorf.
So it was that on Feb. 28, hosting its first Investor Day meeting as a combined entity, executives from the former Diebold Inc. and Wincor Nixdorf introduced DN2020, a multiyear business integration and cost-saving strategy whose goal is to produce $200 million in savings and approximately 10 percent in revenue growth within the next few years.
Steve Virostek, Diebold Nixdorf vice president of investor relations, opened the meeting by observing, "There's a saying among investor relations professionals that to get everyone together for Investor Day, you have to have something new to say, and I think if that's the hurdle today, we'll clear it with flying colors."
In the presentation that followed, Diebold Nixdorf executives had plenty to say about their plans for the company's services, systems and software divisions. Here are a few of the highlights:
Companies: Diebold Nixdorf