Annual report 2023: these are our annual figures
2023: a year of perseverance and growth.
After difficult economic years due to Covid in 2020-2021, we have succeeded in maintaining turnover and further increasing profit without new acquisitions.
In 2023, the foundation was laid for several new acquisitions that we will announce in the course of 2024. We expect a strong increase in turnover as a result during the second half of 2024. The implementation of the acquisitions in the group will take time and energy, which will result in lower group profit/turnover in 2024. In 2025, we expect a strong increase in profit and further increase in turnover.
View our 2023 annual figures via this link.
EBITDA
Despite the unpredictable circumstances, we have achieved good growth. We remain focused on strengthening this positive trend, with a view to further growth in 2024.
REVENUE
Unwavering in our approach, we remained true to our core values of optimization, service and quality. This has resulted in impressive revenue, demonstrating that our strategies are effective, even in times of economic pressure.
CUSTOMER BASE
Our businesses continue to demonstrate a high level of expertise, creating a loyal and satisfied customer base. In addition, our excellent service has attracted new customers, leading to further expansion of our customer base.
EMPLOYEES
Effectively managing rising production and labor costs remains a priority, as does attracting, inspiring and retaining talent. Despite the challenges, we are proud that we have managed to keep our workforce stable and even grow talent within our organization.
Conclusion
2023 was a year of growth and resilience. With new acquisitions on the horizon, we expect strong revenue growth in 2024. Despite temporary profit pressure, we look confidently to 2025 with further growth in profit and turnover. We continue to build a solid future, driven by our core values and a dedicated team.
Thank you for your continued interest in Octopus Capital.
If you would like to know more or get to know us, please visit our website www.octopuscapital.be or contact us via info@octopuscapital.be.
