Royal Van Leeuwen: A Century of Resilience and Success
Introduction
In a remarkable demonstration of resilience, Royal Van Leeuwen, the renowned international distribution company specializing in steel pipes and applications, managed to achieve notable financial results in 2024 despite unfavorable market conditions. As it celebrated its one-hundredth anniversary, the year was marked by the proud acknowledgment of a royal designation that underscores the company's storied history and commitment to excellence.
Financial Performance
The financial outcomes in 2024 showcased a total revenue of
€1,335 million, a decline compared to
€1,621 million in the previous year. The operating profit also experienced a downturn, amounting to
€22 million, down from
€60 million. However, the net profit remained at a positive
€14 million, despite facing market challenges that included decreasing prices and demand across the European industrial segment. The company's solvency improved to
49.8%, showcasing its strong financial health even in tough times.
Market Challenges
The European market in 2024 experienced decreasing volumes and margins, with declining demand affecting sales. The reduction in tonnage sold from stock in Europe was notable and reflected the market's overall conditions. However, in stark contrast, the
energy sector proved to be a beacon of opportunity, as Royal Van Leeuwen secured various significant projects across Europe and Asia, including a landmark involvement with one of the largest and most sustainable ethane cracker projects in Antwerp.
Infrastructure Developments
Royal Van Leeuwen made substantial investments during the year aimed at enhancing its operational capacity and efficiency. Among these was the completion of a
315-meter Monorail system, now recognized as the world's largest pipe sorting center, located in Zwijndrecht, Netherlands. Additionally, the launch of the
World Tube Center (WTC) marked a pivotal moment for the company, serving as an interactive venue that showcases Van Leeuwen’s capabilities to clients and stakeholders.
Commitment to Sustainability
In line with global sustainability initiatives, Royal Van Leeuwen has continued to invest in green technologies and practices. The company has adopted solar panels on its facilities and increased its inventory of low-carbon footprint pipe materials. Moreover, the introduction of the
Van Leeuwen Impact brand resonates with their commitment to environmentally friendly practices and demonstrates a forward-thinking approach towards sustainability in the industrial sector.
Leadership Transition
On April 9, 2025, a leadership change marked the company's management landscape as
Peter Rietberg stepped down as chairman of the Management Board while remaining associated with the company as a shareholder. In his place,
Joop Sassen, who has been involved with Royal Van Leeuwen since 1992 and has served as CEO, was appointed chairman. The new board also included
Hans Weerstra and
Vincent Geerts, solidifying a leadership team poised to guide the company into its next chapter.
Conclusion
Peter Rietberg remarked, “Van Leeuwen is an exceptional company with an international network and a vast portfolio of products and services across multiple industries. As a proud family business, I am confident that we are passing on a formidable legacy to our new Management Board.” The future looks promising for Royal Van Leeuwen as it leverages its extensive network and expertise to navigate and thrive in the ever-evolving industrial landscape. As the company marches forward, it continues to solidify its position as a leading player in global markets, reflective of a rich heritage and a commitment to innovation and sustainability.
About Royal Van Leeuwen
Founded in 1924, Royal Van Leeuwen is headquartered in Zwijndrecht, Netherlands, and operates in various sectors through its
70 branches across
32 countries worldwide. With
2,250 employees possessing specialized knowledge in sourcing, project management, and logistics, the company stands at the forefront of steel pipe distribution, leveraging global logistics combined with deep market understanding to serve its clientele effectively.
For further information and updates, visit
www.vanleeuwen.com.