Utrecht, 22 February 2024
highlights

  * revenue EUR 3,324 million; organic revenue growth 4.5%
  * EBITA EUR 521 million; EBITA margin 15.7%
  * earnings per share before amortisation EUR 3.38
  * free cash flow EUR 423 million
  * innovation rate increased to 20%; SDG rate to 70%

CEO statement
"In 2023, we delivered another strong and resilient performance.
We managed the headwinds in eco-friendly buildings well and our growth agenda
continued for semicon efficiency, sustainable transportation, and industrial
niches. Fewer supply chain issues resulted in improved customer satisfaction and
our operational excellence initiatives drove further efficiency improvement and
footprint optimisation", said Stéphane Simonetta.
"We sustained our added value margin with cost saving actions and robust price
levels. Supply chain improvements enabled us to reduce inventories. Capital
expenditure increased to support additional capacity, geographical expansions,
innovation, and business development plans. We improved our return on capital
employed.
We are committed to accelerate investments in innovation and digitalisation to
increase revenues and reduce operating costs. We have made great progress on CO2
intensity reduction, waste management and circular economy.
Our Aalberts people did an excellent job in creating value for our customers,
delivering operational performance and driving the long-term business
development plans."
dividend
To the General Meeting we propose a cash dividend of EUR 1.13 per share (2022:
EUR 1.11). An increase of 2% compared to last year.
outlook
We are executing our strategy Aalberts 'accelerates unique positioning',
realising our objectives. We will continue to focus on organic revenue growth,
operational excellence, portfolio optimisation and sustainable entrepreneurship
to enable a clean, smart and responsible future.
webcast
A webcast will take place on 22 February 2024, starting at 9:00 am CET. The
webcast and presentation can be accessed via aalberts.com/webcast2023
(https://aalberts.com/webcast2023)
contact
+31 (0)30 3079 302 (from 8:00 am CET)
investors@aalberts.com (mailto:investors@aalberts.com)
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