Oilinvest (Netherlands) B.V. Consolidated Profit and Loss account for the years 2019 – 2022
Value in ‘000 Euro | 2019 | 2020 | 2021 | 2022 |
Net Sales | 7.133.549 | 4.560.888 | 7.220.673 | 11.506.043 |
Gross Margin | 577.129 | 435.293 | 673.237 | 1.213.165 |
EBITDA | 247.521 | 221.522 | 310.474 | 794.265 |
Net Result after tax | 141.949 | 118.084 | 184.459 | 476.159 |
The increasing competition faced by the oil downstream industry in Europe in the last years has led the company’s management to take drastic steps and extensive, severe rationalization measures leading to:
Today, in the current challenging market, the company is continuously striving to explore business opportunities and areas of improvements aimed at boosting efficiency and competitiveness to maximize the assets’ value.
The Oilinvest new operating model, which is streamlined and based on sound lines of business, leads us foreseeing solid results also in the next years.
With respect to the energy transition challenge that the oil industry is facing, Oilinvest is looking for value creating investment options in the renewable energy sector in order to successfully transform its asset base.