Situation:
The company, a leading garden furniture brand with its own production facility and an international footprint, found itself in a challenging position. Results fluctuated significantly by country, but due to rising costs and limited financial control, the Company was repeatedly caught off guard by negative performance variances and liquidity shortfalls. In response, the company developed a turnaround plan.
Solution:
At the Company’s request, Beaufort analyzed the financial situation and strategy and validated the turnaround plan. Based on interviews, site visits, and thorough analyses, Beaufort concluded that additional, more far-reaching measures were required. Beaufort formulated concrete recommendations aimed at restoring profitability and liquidity and safeguarding the long-term outlook.
