Financial results Despite 2024 marking another challenging year for Royal Lemkes, we succeeded in stabilising our revenue. At more than €276 million, revenue showed a modest increase compared to 2023. Jan Slingerland, finance director, says, “Building on the operational cost efficiencies achieved in 2023, we extended similar improvements to other areas of the business in 2024. By restructuring processes, we improved the efficiency of our order flow, resulting in lower overall costs.” He adds, “These efficiency gains helped offset rising costs caused by inflation. As a result, we closed 2024 with a positive financial outcome, maintaining a healthy solvency position. Final figures will be published through the usual channels later this year.” 60
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