Victor Dahdaleh: Strong Balance Sheet Vital During Uncertain Times

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During an exclusive interview with the Organisation for Economic Co-operation and Development (OECD), Victor Dahdaleh has made clear his belief that a strong balance sheet is key to businesses surviving in the wake of the global recession.

Victor Dahdaleh, the international businessman and philanthropist, has said he believes a strong balance sheet and diversity are key considerations for businesses fighting to survive in the wake of the global recession.

Dahdaleh, 68, is chairman and owner of Dadco Group Ltd and experienced at dealing in commodity-focused industries in which revenues can be exceptionally unpredictable. During an interview with the Organisation for Economic Co-operation and Development (OECD), Dahadaleh deliberated the different challenges faced during his career.    

Speaking about Dadco's stability during market fluctuations and his vision for the future of the Group, Dahdaleh said: "We are assessing new business areas for diversity and strong growth potential, based on our view of what challenges the world might face over the coming decade.

"These include fertiliser projects, other minerals, sustainable energy projects and agri-business projects. We intend to use our company's network, experience and financial strengths to bring together the producers and the finances we need to enter these new markets."

Dahdaleh also credits a strong balance sheet as being essential for a business to continue to thrive in economically uncertain times: "When the market is tough, it is those firms that are underpinned by healthy balance sheets that best withstand shocks and stay attractive to investors and partners," he said.

Notes to editors

1.    Victor Dahdaleh, a 68 year old Canadian national based in London and Switzerland, is owner and chairman of Dadco and affiliated companies. Dadco is a privately-owned investment, manufacturing and trading group. Its founding company was established in 1915. Dadco has operations and investments in Europe, North America, the Middle East, Africa and Australia.

2.    Official Website: http://www.victordahdaleh.com/

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Viv Jemmett
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