13 Feb 2019
UK MD Lee Moakes writes to customers, advising them of company preparations - including increasing local stock by £2m.Trumpf has written to customers to advise them of its preparations in the event that distribution of equipment and associated supplies is adversely affected.
Lee Moakes, the company’s UK Managing Director also published the following letter on the company’s website:
He writes “I want to update and reassure you on the current position of Trumpf on the critical topics that may affect us and our customer base.
"During December 2018, we initiated stress testing on the myriad of scenarios that may occur and identified key factors that have a high risk to our ongoing business concerns during and after the [Brexit] transition period.”
Moakes defined several focus points and the company’s plans to counter any problems that might arise, as follows:
The letter highlights the areas that Trumpf intends to mitigate:
The company’s “mitigation strategies”, relayed directly to customers, include:
Moakes concluded his letter to customers: “In the meantime, our customers should take comfort and reassurance from the fact that Trumpf has proactively assessed and taken actions to minimise risks.”
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