The restructuring market is on the move. Inflation, interest rates and rising wage and material costs lead us to expect an increase in insolvencies. Therefore, the permanent monitoring of the financial status is becoming increasingly important for the management, but also for their advisors. The new Restructuring Update deals with the associated consequences and challenges.
In the first article, we look specifically at the real estate sector, for which increasing ESG requirements in particular are becoming a special cost factor. In addition to new buildings, existing properties of all use classes are also affected and are facing increasing pressure to act.
Administrative and operating costs offer savings potential
With regard to cost optimisation, the focus is often on material or personnel costs and less on administrative and distribution costs. But there is often far-reaching potential for optimisation. We show you how to identify the most important levers here.
After judgement on insolvency: rolling liquidity planning recommended
Here we highlight the consequences of a ruling on liquidity gaps. The Federal Supreme Court declared as early as mid-2022 that insolvency can also be demonstrated by other means than a period-related liquidity balance. We explain why the management as well as advisors of companies in crisis should therefore rely on rolling liquidity planning.
Florian Rieser
Partner, Performance & Strategy, Head of Turnaround & Restructuring
KPMG AG Wirtschaftsprüfungsgesellschaft
Countering the shortage of skilled workers: low staff turnover as a key factor
The ever-increasing challenges of the shortage of skilled workers now burden almost all stages of the value chain. To counteract the consequences, companies should adapt their business models to the changed labour market conditions. The key factor here is low turnover. Our article on the topic explains what is important here.
Automotive suppliers: Production locations in Germany are being questioned
Cost pressure and technical and technological changes are leading to the closure of German locations in the automotive supply industry. In the recent past, however, many companies have no longer adopted such approaches and procedures as part of their day-to-day business. The necessary knowledge and experience often have to be gathered again. We take a look at which aspects need to be considered.
Benefit from the insights of the Restructuring Update this quarter and download the current version of our Restructuring Update here.
