Videndum PLC 2024 AR2
The report highlights Videndum plc's performance during the challenging fiscal year 2024, marked by an 8% decline in revenue to £283.6 million and a statutory operating loss of £96.5 million. To address these macroeconomic headwinds, the company initiated a comprehensive operational efficiency programme, consolidating manufacturing sites and transitioning from three divisions to two to deliver annualised cost savings of £18 million. On the sustainability front, Videndum continued its progress toward net-zero targets, achieving a 48.4% reduction in its total carbon footprint since its 2021 baseline. Additionally, the company expanded its ESG supplier evaluations and successfully transitioned several key sites to renewable energy contracts.
Company: Videndum PLC
Sector: Consumer Discretionary
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 192
Videndum PLC
Annual Report And Accounts
The report highlights Videndum plc's performance during the challenging fiscal year 2024, marked by an 8% decline in revenue to £283.6 million and a statutory operating loss of £96.5 million. To address these macroeconomic headwinds, the company initiated a comprehensive operational efficiency programme, consolidating manufacturing sites and transitioning from three divisions to two to deliver annualised cost savings of £18 million. On the sustainability front, Videndum continued its progress toward net-zero targets, achieving a 48.4% reduction in its total carbon footprint since its 2021 baseline. Additionally, the company expanded its ESG supplier evaluations and successfully transitioned several key sites to renewable energy contracts.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees