Updated Corporate Business Plan
Our strategy is elaborated in our Corporate Business Plan. At the beginning of March 2020, we presented our Corporate Business Plan for 2020-2022. What was expected to be the promising start of an auspicious new business plan period turned into a time during which the COVID-19 pandemic dictated our daily lives. Despite the greatly changed conditions, significant progress was made with the execution of nearly all of the strategic actions detailed in our business plan while a few initiatives and investments were rephased as opposed to cancelled altogether. Nevertheless, we considered a comprehensive review of the current business plan was called for once the mid- to long-term impact of the COVID-19 pandemic became less ambiguous. Consequently, during the second half of 2021, we reviewed the key long-term trends that underpin the Boskalis business model as well as the short- and mid-term development of our relevant end-markets. This has resulted in an update of our Corporate Business Plan.