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1999
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Sensient - Turnaround management of €20m synthetic flavour manufacturing site from €3m loss to €2m profit (13%) in 2 years. Implemented strong asset management and cost controls, eliminating borrowings of €6m, and reducing working capital 21% (€3m). Managed cross-functional team that reduced levels of distressed inventory by 90% (€1m). Recovered €180k excise duty overpayments and negotiated new terms with HMC&E to eliminate duty payments of €2200k p.a.
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1995
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Meridian - Turnaround management of €12m multi-media company going through S.11 Administration and turned around €2m p.a. loss to regular profit in 12 months, reducing overhead 20% and borrowings 50% (€2M).
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1989
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Frelen - Turnaround management of €3m PU foam conversion operation profitability introducing cellular production techniques, MRP, capacity planning and line loading. Project managed implementation of innovative business growth tools yielding 45% year 1 sales increase.
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1989
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Freudenberg - Turnaround management of €22m marginal / high risk exposure UK sales division from 0% to 6% profit before tax. Eliminated borrowings (€3m), reduced debtors 34% and stock 30%. Risk management of high FOREX exposure (80% of debit turnaover)
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