Dear MAAG Americas Team:
I wanted to start October's newsletter by thanking everyone for participating in Dover’s myVoice survey! I am proud that we achieved a 93% response rate in the Americas. We will take your opinions into account when defining the strategy for 2025 and beyond! With three quarters of the year behind us, I also thank you for the hard work and contribution everyone has made! We are in a good position, as MAAG Americas is one of the few regions in MAAG meeting the budget. This puts us into a good position from which to define the budget for next year. The US has been performing much better over the past months than Europe and Asia, and our outlook for the near future is very positive. With interest rates getting lower, inflation down, material cost stable, and a strong job market, we have everything we need to make 2025 a successful year. We are finalizing the Annual Operating Plan (AOP) for 2025, and I will be able to communicate some of the details during the upcoming townhalls. I am sure that by now it is no surprise that we will continue to focus on people development, operational transformation, and customer experience. These are the 3 pillars we have defined as the corner stones of our strategy. I am looking forward to seeing your strong performance for the last quarter of the year, as well as continued support going into 2025. The transformational journey we have started last year continues!
Thank you, Paul Merich
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