Profitable Growth
© COPYRIGHT 2023 ROYAL DEN HARTOGH LOGISTICS. ALL RIGHTS RESERVED
In Sweden, the acquisition and integration of Hedenskogs enabled us to create our own hub in the Gothenburg area, including storage, heating, cleaning, and a homebase for our trucking. With this move, we increased our services in the Nordics.
The acquisition of the MUTO Group (end 2021) proved successful. In 2022, we fully combined our forces and fleet. These are performing strongly, producing very profitable loads for satisfied customers.
In 2022, the total investments reached € 61 million, which is significantly higher than previous years. As such, Den Hartogh is ready for the future to further develop, professionalise and achieve our sustainable growth strategy.
The capital expenditure was focused on increasing the number of owned tank containers by acquiring new-build tanks to replace leased tanks and expand the fleet to respond to the demand. We also invested in box containers, T-75 gas tanks, chassis, LNG trucks and ultralight trailer equipment and activities that make this fleet safer, more efficient and run more economically (e.g., heating, storage depots, trucking). We also continued our refurbish and remanufacturing programme as reusing materials is part of our sustainability initiatives.
In 2022,
the total
investments
reached
€ 61 million
2022
MILLION
TURNOVER
2022
741
EBITDA
€98 million
compared to €67 million in 2021.
compared to €572 million in 2021
What a year to look back on. Our financial performance in 2022 was outstanding, our best ever year in revenue, EBITDA and profit before tax, despite depressing global economic events like the war in Ukraine and resulting food and energy crises, surging inflation, as well as the climate emergency and supply chain disruptions. Figures show a +29.5% increase of revenue compared to 2021, and an EBITDA rise of +46.2% compared to last year. The result in 2022 is a turnover of €741 million compared to €572 million in 2021 and an EBITDA of €98 million compared to €67 million in 2021.
Investments
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Profitable Growth
P
© COPYRIGHT 2023 ROYAL DEN HARTOGH LOGISTICS. ALL RIGHTS RESERVED
In Sweden, the acquisition and integration of Hedenskogs enabled us to create our own hub in the Gothenburg area, including storage, heating, cleaning, and a homebase for our trucking. With this move, we increased our services in the Nordics.
The acquisition of the MUTO Group (end 2021) proved successful. In 2022, we fully combined our forces and fleet. These are performing strongly, producing very profitable loads for satisfied customers.
In 2022, the total investments reached € 61 million, which is significantly higher than previous years. As such, Den Hartogh is ready for the future to further develop, professionalise and achieve our sustainable growth strategy.
The capital expenditure was focused on increasing the number of owned tank containers by acquiring new-build tanks to replace leased tanks and expand the fleet to respond to the demand. We also invested in box containers, T-75 gas tanks, chassis, LNG trucks and ultralight trailer equipment and activities that make this fleet safer, more efficient and run more economically (e.g., heating, storage depots, trucking). We also continued our refurbish and remanufacturing programme as reusing materials is part of our sustainability initiatives.
In 2022,
the total
investments
reached
€ 61 million
2022
MILLION
TURNOVER
2022
741
EBITDA
€98 million
compared to €67 million in 2021.
compared to €572 million in 2021
Investments
What a year to look back on. Our financial performance in 2022 was outstanding, our best ever year in revenue, EBITDA and profit before tax, despite depressing global economic events like the war in Ukraine and resulting food and energy crises, surging inflation, as well as the climate emergency and supply chain disruptions. Figures show a +29.5% increase of revenue compared to 2021, and an EBITDA rise of +46.2% compared to last year. The result in 2022 is a turnover of €741 million compared to €572 million in 2021 and an EBITDA of €98 million compared to €67 million in 2021.
SCROLL DOWN
Profitable Growth
P
