Business ReviewGood update on the TEI site but we still need new business to enhance that existing pipeline.
of note:
Turn-key Projects Turnaround
It came as no surprise that Turn-key Projects would be more greatly affected by the pandemic than Custom Equipment sales due to the large amount of site development and delivery time required, but the impact was in two specific areas.
Firstly, some projects mid-delivery were placed on hold whilst sites focussed on essential operations with only skeleton staff. This extended timescales and held up receipt of completion revenue. We are pleased to note that all legacy projects – that is, projects coming to fruition before or during the pandemic - have now been delivered or are in the final stages of completion.