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Term: Hornet ToughProblem
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Hornet plays pivotal role in company transformation - Case Study

A large manufacturing company had performed strongly over decades, however a significant deterioration in market conditions had significantly impacted revenue forecasts and ultimately the projected NPAT for 2016/17 and 2017/18. This forced the company to re-assess its strategy to address the headwinds. 

The company had strict Bank Covenant ratios (around debt) and needed to be pro-active, otherwise they would exceed these ratios. To ensure they remained in a strong financial position, the Board supported a management proposal to implement a Transformation Program.

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Hornet plays pivotal role in company transformation - Case Study
26/10/2017 1:16 PM | [toughproblem] Web Master

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