TIP brengt Jaarverslag 2021 uit – “Planet, People, Productivity”
AMSTERDAM–(BUSINESS WIRE)– In zijn brief aan belanghebbenden benadrukt Bob Fast, president en CEO, een jaar van productiviteit en duurzaamheid waarin TIP zijn schaal wist te benutten om de EBITDA en de bedrijfswinst te verbeteren en het ESG-platform van TIP lanceerde:
“Ondanks de economische onzekerheid hebben we een uitstekend jaar gehad, waarbij we een recordaantal Units on Rent behaalden met 105.000 units, inspelend op de sterke marktvraag. De omzet groeide met 4% tot € 955 miljoen, de EBITDA-marge was 45% vergeleken met 43% in 2020 en het bedrijf behaalde een solide bedrijfsresultaat.
Dit jaar hebben we ons gericht op onze duurzaamheidsvisie, groene innovaties en stapstenen gelegd voor ons ESG-platform om de komende jaren bij te dragen aan duurzame ontwikkeling.
TIP releases Annual Report 2021 – “Planet, People, Productivity”
AMSTERDAM–(BUSINESS WIRE)– In his letter to stakeholders, Bob Fast, President and CEO, emphasizes a year of productivity and sustainability in which TIP managed to leverage its scale to improve EBITDA, operating profit and launched TIP’s ESG platform:
“Despite economic uncertainty, we had an excellent year, achieving an all-time high Units on Rent at 105k units capitalising on strong market demand. Revenue grew by 4% to €955m, EBITDA margin was 45% compared to 43% in 2020 and the business achieved a solid operating profit performance.
This year we focused on our sustainability vision, green innovations, and laid stepping stones for our ESG platform to contribute to sustainable development in coming years.
Finally, during 2021 we successfully refinanced our major funding facilities with our existing financing partners, reflecting trust in our business underpinned by our growth, and further improving our liquidity position to support our long-term vision.”
The full TIP annual report is available at:
https://www.tipeurope.com/about-us/annual-report/
About TIP
Headquartered in Amsterdam, the Netherlands, TIP is one of Europe and Canada’s leading equipment service providers, specialising in trailer leasing, rental, maintenance and repair, as well as other value-added services and provides these to transportation and logistics customers across Europe and Canada. TIP services customers from 102+ locations spread over 17 countries in Europe and Canada
For more information, please visit: https://www.tipeurope.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20220414005075/en/
Contacts
Kapil Sharma
Treasury and Investor Relations Director
T: +31 20 504 1677
M: +31 621 105358
Rogier Laan
Vice President Sales and Marketing
M: +31 622 948474
Postal address:
TIP,
Alpha Tower, De Entree 33
1101 BH Amsterdam
The Netherlands