#Sustainability #Netherlands #Energy Market #Royal Van Leeuwen #Zwijndrecht

Royal Van Leeuwen's Resilience in the Energy Sector

Königliche Van Leeuwen, a century-old company based in Zwijndrecht, the Netherlands, has recently reported a positive financial outcome for 2024. This achievement came despite unfortunate market conditions that impacted many in the industry. The year not only marked the company's 100th anniversary but also the prestigious award of a royal title, reflecting its historical significance and commitment to excellence.

In 2024, the total revenue reported by Royal Van Leeuwen amounted to €1.335 billion, a decrease from €1.621 billion in 2023. The operating profit stood at €60 million, down from the previous year’s €104 million, while the net profit for the company fell to €43 million from €88 million in 2022. However, the solvency ratio improved to 49.8%, an uptick from 46.8% in 2023, indicating a solid financial foundation in challenging times.

Despite a decline in demand within the European industrial market— which translated into reduced prices and profit margins— the energy sector’s project activity remained robust. Van Leeuwen secured numerous large-scale projects, such as supplying materials for Europe’s most sustainable ethane cracker located in the port of Antwerp. These developments highlight how the company was able to adapt and thrive even as broader market conditions shifted.

Additionally, 2024 was a year of significant investment for Royal Van Leeuwen aimed at enhancing productivity and storage capacity. The operation of a 315-meter monorail system marked the establishment of the world’s largest pipe sorting center in Zwijndrecht. Alongside this, the launch of the World Tube Center (WTC) provided a showcase for the company’s innovations and services, catering to clients and partners alike.

The company has made sizable commitments towards sustainability initiatives, including the installation of solar panels and increasing its inventory of pipes with reduced carbon footprints through its brand, Van Leeuwen Impact. These steps position Royal Van Leeuwen at the forefront of environmentally-conscious practices in its industry.

On April 9, 2025, CEO Peter Rietberg will step down, but he plans to remain involved with the company as a shareholder. Joop Sassen, who has been with the organization since 1992 and has served on the board since 2007, is set to take over the leadership role. His appointment is expected to usher in a new era for the company, marked by stability and a focus on growth.

Mr. Rietberg reflected on Van Leeuwen’s journey, stating, “Van Leeuwen is an exceptional company with an international network and a comprehensive product portfolio catering to a variety of markets and clients. It is a robust royal company with a promising future. I confidently pass the reins to the new board, trusting in their direction to lead the company forward.”

Royal Van Leeuwen, known for its specialization in steel pipes and applications, operates as an international trading enterprise with a presence in 32 countries across Europe, the Middle East, Asia, Australia, and North America, employing around 2,250 skilled personnel. This diverse workforce contributes expertise in procurement, processing, project management, logistics, and inventory management, ensuring the company's reputation as a leader in its markets.

In conclusion, even amid adversity, Royal Van Leeuwen has showcased resilience, innovation, and a commitment to sustainability. As it looks ahead to the future under new leadership, the company is poised for continued growth and impact, celebrating over a century of service and dedication to its clients.

For more information, visit Van Leeuwen's official website.