Van de Velde NV 2024 Annual Report with Sustainability Disclosures
Company: Van de Velde NV
Sector: Manufacturing
Country: Belgium
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 248
The report details Van de Velde's financial and sustainability performance for the fiscal year 2024. Despite challenging market conditions, the company posted a modest comparable turnover of €205.8 million and a comparable EBITDA of €50.2 million. Key highlights include the successful repositioning and launch of the Sarda brand, the introduction of the innovative BraSizeScan digital fitting tool, and extensive preparations for the Corporate Sustainability Reporting Directive (CSRD). On the environmental front, the company expanded its solar capacity, began transitioning to an all-electric fleet, and increased the share of recycled yarns in its products to 7.2%.
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