For decades, Leitz tool solutions and services have guaranteed our customers sustainable success and the competitiveness of their company in the processing of wood, wood-derived materials and state-of-the-art materials. As a world market leader, it is always our aim to develop highly efficient tools with innovative ideas and the most advanced technology and to set sustainable trends. Leitz delivers solutions with vision. These not only make production processes faster, more flexible and more cost-effective, but also combine ecology and economy with the best machining quality. For us, this promise of performance is both an obligation and a daily incentive, because the success of our customers with our products and services is our primary corporate objective.
Sustainability, flexibility, quality, productivity and efficiency as well as knowledge and reliability, called dimensions by us, are topics that are clearly in focus at Leitz itself as well as with our tools, tool systems and services. The unique full range of products for the professional processing of wood, wood derived materials and modern materials such as aluminium, plastics and composites emphasizes our position as world market leader.
The increasing networking of manufacturing processes is an indispensable and highly topical subject in times of industry 4.0. Along the entire value chain, intelligent tools play a central and forward-looking role as information carriers. Each element of the process chain plays an important role, but the tool, as a shaping and quality-relevant element on the workpiece, has an important function. Leitz shaped this trend decades ago and underlines its role as an innovation leader.
The satisfaction of our customers, from the craftsman's business to the global industrial enterprise, has been and is the focus of our actions in our over 140-year history as a family business in the fifth generation. We make this promise as a manufacturing service provider and competent partner. We guarantee optimal customer proximity and competent support through our worldwide network of our own sales, service and production companies as well as the high qualification and continuous further training of our employees.
This is what the Leitz employees stand for and are happy to offer our customers solutions in new dimensions. Together with our customers and partners, we want to successfully shape the future.
Speaker of the Management Board