FOREWORD
Providing a safe work environment where all our Family members feel safe to be who they are, is key to our ROTO Family. That is why, from 2021, every meeting starts with Safety First focussing on improving safety awareness and safety behaviour.
2021 was an important year for ROTO. Together with our Business Units, we built our ROTO Strategy House: our compass to drive The Sustainable Colourful Metal Family Group and meet the 17 UN Sustainable Development Goals integrated into our core themes.
Aquisition of Prestia
At the same time, 2021 was dominated by the acquisition of Prestia, with 400 new Family members and more than € 40 million turnover in France. Another highlight of 2021 was the Roto People Survey (RPS) which was held among all our Business Units, including Prestia. We questioned and listened to all of our ROTO Family members, making sure all voices were heard, followed by creating joint action plans to further improve. We are proud to have achieved a nearly 95% participation rate!
Excellent performance
Although the corona pandemic was still in full swing, 2021 was a positive year overall. Not only strategically on the eight core themes, but also on financial performance. Our Business Units largely recovered from the decline in 2020 and produced a consolidated after-tax result of € 11.7 million (2020: € 3.4 million), with only a marginal contribution from Prestia.
We are proud that we have achieved this in an ever faster changing world and we are very grateful to our Business Units and especially to our Family members for playing a fundamental role in delivering these excellent results. Therefore, we are confident to continue our efforts for 2022 and beyond.
We thank all our Family members for the extra efforts during 2021 and for being entrepreneurial, reliable, passionate and committed when it mattered most!
Sustainable future
Sustainability is high on our agenda. To enable a sustainable future and to meet the challenges ahead, it must be anchored in our ROTO Family culture and the structure of our organisation, in who we are and how we work.
Overall, it is important that we understand our impact, minimising the potential negative effects of our activities and maximising the positive effects. It is no longer enough to provide jobs and make money, we must contribute to society and create added value for our Family members and the stakeholders of the ROTO Ecosystem.
To help us identify our impact areas and the associated risks, we are working on labelling our data. This will help us to make informed and transparent decisions and report on them in accordance with the Corporate Sustainability Reporting Directive (CSRD).
Thank you
We thank the entire ROTO Ecosystem stakeholders and in particular our costumers for their ongoing and new business.
Note:
At the time of publication of this annual report summary, terrifying events are unfolding in Ukraine. We are shocked by these events that affect all Ukrainian people and in particular our Ukrainian Family members at Staco Polska, whom we support where possible. We have ceased all business with Russia and are closely monitoring the situation. We can only hope that this war will end soon. In the meantime, initiatives through Staco Polska have been started and will be supported for as long as necessary by all our Business Units and all our 1,155 ROTO Family members. Uitgeest, 10 May 2022 Ditmar Koster, CEO Tom van Lindert, CFO