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“We are confidently<br />
looking towards<br />
the future”<br />
Roderik van Seumeren<br />
“Positioned<br />
for the future”<br />
When I look at the results in 2008 and our order book, which is fuller than ever,<br />
I see plenty to be satisfied about. <strong>Mammoet</strong> is doing well, and we already<br />
know that next year will be equal. But looking outside the company, at all the<br />
disruption in the world, I dare not make any predictions about the future.<br />
Only once the storm which has hit the financial markets and the real economy<br />
has subsided will the impact on <strong>Mammoet</strong> be clearer. These mixed feelings<br />
are typical for the situation now, at the end of 2008, as we present <strong>Mammoet</strong><br />
World to you.<br />
2008 was our best year ever, and 2009<br />
promises to be even better. Of course, I<br />
would love to consider only our successes,<br />
but realistically speaking we have to look<br />
further ahead. And that is exactly what we<br />
are doing. In 2006 we defined our long-term<br />
strategy in a strategic plan with an ambitious<br />
scenario for growth and clear targets. Now,<br />
almost three years later, we are exactly<br />
where we were planning to be. Increases in<br />
revenue, personnel, investments - all are<br />
going to plan. In these three years we have<br />
doubled our revenues and further developed<br />
our worldwide network and leading role as<br />
specialists in heavy lifting and transport. And<br />
despite the storm which began a little over a<br />
year ago, we have brought in the orders, so<br />
our order book for 2009 is already getting<br />
quite full and we are also receiving orders for<br />
projects in 2010. Given all the turmoil around<br />
us, those are the best and most important<br />
feats of 2008. As I wrote last year, we have<br />
done well in recent years. And again we<br />
have been able to benefit from that. Hence<br />
we are in the comfortable position that we<br />
can expect next year to the best ever.<br />
However, right now shortly before 2009, it is<br />
difficult to look much further ahead. Nobody<br />
knows how much longer the worldwide<br />
crisis will last, what its impact will be, and<br />
what parts of the world or sectors of the<br />
economy will be hit hardest. Nothing is<br />
certain, except that <strong>Mammoet</strong> will eventually<br />
also be affected, at the and of the chain.<br />
Even so, we are confidently looking towards<br />
the future. After all, turbulent times like this<br />
bring not just threats but also opportunities.<br />
Furthermore, in recent years we have<br />
strengthened our base and spread the risks<br />
much wider. <strong>Mammoet</strong> operates throughout<br />
the world and therefore also in areas which<br />
are less affected by the crisis and where<br />
developments are promising. <strong>Mammoet</strong><br />
serves a number of markets, and that<br />
includes markets which are less affected by<br />
economic fluctuations. We also span a range<br />
of activities, from crane rental, heavy transport<br />
and lifting, to large projects. In recent<br />
years we have made major investments in<br />
our people and our equipment, in quality,<br />
training, refining our procedures and processes,<br />
and in our worldwide management<br />
information system. Finally, we have<br />
strengthened our foundations by acquiring<br />
renowned companies and our shareholder<br />
structure makes us less<br />
dependent on the banks. All these<br />
elements mean that we are in an<br />
good position to weather the storm.<br />
I would therefore like to conclude<br />
by saying how impressed I am by<br />
what we have managed to accomplish<br />
as a company, in 2008 and the<br />
years before. I am proud of what<br />
our people have done this year,<br />
often working under difficult conditions.<br />
I am glad to say that despite<br />
the rapid growth in recent years we<br />
have not made any concessions to<br />
our professional standards. The<br />
ingenious solutions which our<br />
engineers develop never cease to<br />
impress me. Last, but not least, I<br />
would like to thank our clients for<br />
their trust in <strong>Mammoet</strong>. And we will<br />
do everything to continue to<br />
deserve that trust, as illustrated by<br />
the impressive jobs described in<br />
this issue of <strong>Mammoet</strong> World, the<br />
eighth edition. Although we may<br />
experience some turbulence in<br />
future, our innovations and operational<br />
qualities will guide us safely<br />
through the rough waters.<br />
Roderik van Seumeren<br />
(President and CEO)