Assistance for operational and financial management improvement of a agrotechnical company
The company, with a turnover level of approx. €12m, is an agrotechnical company focused on the development, assembly and installation of integral storage concepts for arable crops. The company had to contend with declining sales in combination with a stable but too high cost base, which resulted in significant negative cash flows. Beaufort has assisted the management in improving project lead time & profitability, working capital management and the financial control function setup. As a result of the successful implementation of the improvement program, credit & bank guarantee lines from the involved bank were continued.
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