The Path to Recovery Will Pass through Four Main Phases
We are currently in the shutdown phase and assume that, due to control mechanisms and measures in place to protect the population, business operations will be able to resume starting on May 4.
We need to use the time and prepare for this ramp-up today so that activities can be resumed in a coordinated manner with as little friction as possible.
During this volatile stage, resources must be deployed in a target oriented and extremely cost-conscious manner.
If the public health measures take effect, we expect the markets to calm down and the supply chains to stabilize from September onwards during the stabilization and cost performance phase. During this period, the company will continue to make only the most necessary investments and rigorously cut costs in order to achieve the best possible result for the year.
Not before January 2021 we expect the economy to begin growing moderately. In this environment, the company will once again invest in the future and initiate the performance improvement phase. The focus here will be on programs with an ROI within the fiscal year.