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Van Oord publishes Annual Report for 2023 with changes in Supervisory Board; revenue reached record high and profits more than doubled

Posted on April 15, 2024

The General Meeting of Shareholders of Van Oord N.V. was held on 11 April 2024. During this meeting, Govert van Oord officially assumed Chief Executive Officer (CEO) of Van Oord, adjustments were made to the composition of the Supervisory Board and the Annual Report 2023 was presented.

The Annual Financial Statements were adopted and the shareholders granted discharge to both the Executive Board and the Supervisory Board for their stewardship throughout the year.

Annual Report 2023

2023 proved to be an extremely busy year for Van Oord. We concluded 2023 with strong results: revenue reached record high and profits more than doubled. The Annual Report 2023 provides a comprehensive overview of these results.

In the report, Van Oord also reflects on a significant repositioning, which involved the consolidation of 4 separate business units – Dredging, Netherlands, Offshore Wind and Offshore – into the 2 robust business units Dredging & Infra and Offshore Energy. We witnessed a clear market recovery, driven by climate adaptation, the energy transition and corresponding need for marine infrastructure.

Composition of the Supervisory Board

Mr Oosterveer and Ms Fentener van Vlissingen have been appointed as new members. Ms Fentener van Vlissingen succeeds Ms Insinger, who stepped down from the Supervisory Board. We extend our appreciation to Ms Insinger for her commitment and contributions to the company.

The composition of the Supervisory Board is now as follows: Mr Hoek (Chair), Ms Fentener van Vlissingen, and Messrs Kretzers, Laurent Josi, Oosterveer, Sevinga, Valkier, and Verheul.

View Annual Report 2023

Access the Annual Report 2023 via our website annualreport.vanoord.com.

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