Like its peers in the chemical logistics sector, Den Hartogh saw a drop in income last year. It has not allowed that to derail its growth strategy
Den Hartogh has reported revenues of €603m in 2023, a sharp fall from €741m in 2022, with EBITDA falling from €98m to €67m. “After two successful and record-breaking years, we had to take a step back in 2023,” the company says. “The economic and geopolitical turmoil has dealt a severe blow to the chemical industry, and this has had a direct impact on our revenue. With overcapacity in the market, margins started to come under pressure in the second half of the year.”