Annual report 2021

At a glance

SOLID FINANCIAL RESULTS OVER 2021 PROOF COMPANY’S RESILIENCE

MEETING AMBITIOUS GOALS WITH GROUP WIDE SUSTAINABILITY FOCUS AREAS

ACTIVITIES THROUGHOUT EUROPE VALIDATE THE SUCCESS OF OUR GROWTH STRATEGY

Enabling sustainable growth

We are known for our resilient business model that enables sustainable growth. Every five years we aim to double in size, which has been successfully achieved over the last four decades. 2021 was an excellent year for Boels with record revenue and strong profitability. Despite COVID-19 we realised €1.3 billion in revenue. An increase of 7.1% compared to 2020.

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“In a year full of unforeseen global challenges, we showed our resilience by maintaining growth, driven by a team of passionate people.”

Read the full message from Pierre Boels, CEO

Ready for the next growth phase

Jan Piet Valk, CFO: “Boels is heading for further growth, both organic and by add-on acquisitions. We will continue to invest in our fleet to stay on  top of market developments and to serve our customers. Looking at 2022 and beyond, Boels is facing the future with confidence. We are ready for the next grow phase.”

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