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Boskalis jaarverslagen 2012

Strategy and business drivers

Boskalis’ strategy is aimed at the opportunities and challenges that present themselves to the company. This strategy is based on three pillars: focus, on Value-Adding Assets, specific market segments and geographic regions; expand, in particular the Offshore Energy activities; and strengthen the core activities Dredging & Inland Infra and Towage & Salvage.

The markets in which Boskalis operates are mainly driven by long-term economic factors, such as the growth of the global population, expansion of the global economy and growth in international trade and transport volumes, particularly over water. The long-term prospects for these factors are favorable.

Effective management of risks and opportunities is essential for the successful delivery of the group’s strategy and plans. Identifying, measuring and monitoring risks and opportunities, particularly with respect to tendering, preparation and execution of projects, is embedded in our management approach.

An overview of the key strategic, operational and financial risks and the risks with respect to financial reporting is set out below.

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