Successful Turnaround of Loss-Making Power Equipment Manufacturer

A power equipment manufacturer was experiencing significant losses due to a declining market and increased competition on prices. By analyzing end-to-end operations, challenging long-held beliefs, and implementing ambitious changes, the company's profit margin increased from negative to 10% within two years of the engagement. The implementation of various growth measures helped the company increase its market share and revenue, while a rigorous cost program improved overall competitiveness.

The client's business was undergoing drastic changes in light of the energy transition, leading to significant losses.

Client Challenge

We jointly defined a holistic and aspirational turnaround masterplan considering both growth and cost improvement levers. Following our one-team approach, we supported the creation of measures to achieve the ambitious targets set for a short and mid-term timeframe.

Our Approach

The client successfully achieved a turnaround, resulting in double-digit profit margins and growth.

The Impact

Our industry leader

Get in touch with our expert to discuss how we can work together to solve your challenges.
Dr. Dennis Warnecke
Dr. Dennis Warnecke
Global Consulting Head Energy