At a glance
STRONG FINANCIAL RESULTS AND CONTINUOUS GROWTH IN 2022 FOR BOELS GROUP
NO. 2 LARGEST RENTAL COMPANY WITH STRONG MARKET POSITIONS IN EUROPE
TRANSFORMATION INTO DATA DRIVEN COMPANY STRENGTHENS BUSINESS MODEL
Connect and commit
2022 was another excellent year for Boels. Boels was again able to achieve strong and continuous growth. We have invested in building a digital platform with which we become more connected as organisation. Data analytics help to get more out of fleet for our customers, including overall sustainability goals. Again we have made steps to make our team better skilled and keeping an overall high employee satisfaction score.
“Connectivity and commitment are the main drivers for continued growth.”
Digitisation and connectivity
By transforming our business, we will more and more change into a data driven organisation. With a strong focus on operational excellence, we have started to optimise operational business processes such as transport planning. This will all help to accelerate our business.
Market developments
Enormous potential for further growth in Germany. We are really gaining momentum and we now have a very strong presence and footprint throughout the whole of Germany. We currently have more than 220 depots and aim to further increase our market share while also focusing on operational excellence and digitalisation. We expect further growth in the coming years.
Leap forward in sustainability
Sustainability is at the heart of our operations. We increased our stakeholder dialogues considerably, conducted a materiality assessment, including a supply chain and climate-related risk assessment, and determined our material topics. A joint Sustainability Policy is embedded in daily operations, driven by ambitious strategic targets for 2023-2025.
Think Central, Act Local
Responding to a tight European labor market and the need for further professionalisation of our organsation, our HR five-pillar HR model – summarised as ‘Think Central, Act Local’ – provides Boels Group with a hybrid framework of central expertise centers including full digitalisation.
“We were upgraded by S&P and by Moody’s. This is the objective proof of Boels continuing to be financially strong and able to finance further growth, also in the challenging times we all face.”
