IBR of an international production and trading company of personal protective work-wear

An international production and trading company in the field of personal protective work-wear had to deal with a sharp drop in sales and consequently substantial losses. This was largely caused by the poor market conditions in the Oil & Gas sector. Beaufort was asked to assess the continuity perspective of the company and to advise the management on measures to prevent bankruptcy. Beaufort helped the company to identify the financial contribution of the various business lines and products, draw up reliable cash flow forecasts, implement a cost-cutting program, and rationalise the product range portfolio. The measures have resulted in the company returning to profitability and the confidence of the banks to continue financing arrangements.

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