€310m
Investment approved
2028
Year the plant breaks even
Duration
18 weeks
Year
2026
The situation
An industrial group needed a board-ready investment case for a low-carbon plant, with the pricing to fund it. Leadership had good instincts and too many competing numbers; what was missing was a single, shared view of where value was created and lost.
What we did
We spent the first three weeks inside the business: in sales reviews, with finance, and on calls with customers. From that we built one model of the economics that every team could read, and used it to test a small number of clear options.
Each option came with its cost, its risks and the conversation it would require with customers. Leadership chose; we helped them carry it through, including the first ninety days of rollout.
The result
€310m investment approved, with 2028 year the plant breaks even. Just as important, the team now runs the model itself. We left behind the tools and the habits, not a dependency on us.

The board approved it in one sitting. That has never happened here before.
Jonas Varde, Chair, Varde Steel
