Videndum PLC 2023 Annual Report with Sustainability Disclosures
Company: Videndum PLC
Sector: Manufacturing
Country: United Kingdom
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 238
The report describes a difficult 2023, with revenue from continuing operations down 31% amid strikes, macroeconomic pressure and destocking. It reports a £125 million equity raise and restructuring actions to strengthen the Group's balance sheet and reduce costs. Sustainability progress included carbon neutrality and net-zero targets, solar installations, enhanced waste tracking and the launch of the Salt-E Dog sodium-based power product.
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