ACCESS INDUSTRY NEEDS STRONG BALANCE SHEET AND FLEXIBLE BUSINESS MODELS

摘要

Companies in the access industry need to anticipate the market and what their competitors will do, in order to be ready for a downturn and changed circumstances in this cyclical market, said Alexandre Saubot, CEO of Haulotte, in his keynote address at the Europlatform conference held in September in Maastricht. Mr Saubot suggested that European manufacturers and rental companies could anticipate change by looking at the US market, which more often than not signals the trends and the way global markets are heading. As risk cannot be completely mitigated, companies should aim for a strong balance sheet and a flexible business model, using the good times to prepare for the downturns.