• Pages
  • Editions
01 Annual Report Summery 2022
02 Index
03 Foreword
04 Company profile
05 ROTO Strategy House
06 Purpose
07 Core values
08 Core values 2
09 Business Units
10 De Boer Staal
11 Staco
12 Prestia
13 Rotocoat
14 Rezinal
15 Core themes
16 Ecosystem
17 Highlights
18 Highlights-2
19 ESG key figures
20 Environmental
21 Safety and wellbeing
22 Financial key figures
23 Financial key figures 2
24 Safety
25 Safety 2
26 Safety 3
27 Safety 4
28 People
29 People 2
30 People 3
31 People 4
32 Sustainability
33 Sustainability 2
34 Sustainability 3
35 Sustainability 4
36 Sustainability 5
37 Marketing
38 Marketing 2
39 Sales
40 Sales 2
41 Sales 3
42 Sales 4
43 Sales 5
44 Digitalisation
45 Digitalisation 2
46 Innovation
47 Innovation 2
48 Innovation 3
49 Innovation 4
50 Finance
51 Finance 2
52 Finance 3
53 Finance 4
54 Risk management
55 Risk management 2
56 Outlook to the future
57 Outlook to the future 2
58 Report of the Supervisory Board
59 Report of the Supervisory 2
60 Summary consolidated financial statements
61 Summary consolidated financial statements 2
62 ROTO businesses
63 End page

Report of the Supervisory Board 2022

The year 2022 has, from a financial point of view, been very successful for ROTO. It showed solid growth in the group’s turnover and profitability, despite a challenging and uncertain geopolitical and economic outlook. 2022 was Prestia’s first full year of integration. We are pleased to see that the integration is progressing on many fronts. All business units have contributed positively to the result, but the sharply risen energy costs and the highly inflationary economic environment have put pressure on margins. Also, the large volatility of commodity prices, in particular steel and zinc, contributed positively this year. At the same time, this volatility underlines the need for careful management of stocks of raw materials, as volatility is a two-way street that also involves significant downward risks.

As announced in our previous report, the Supervisory Board was further extended by two new board members. In 2022, Petra van Saaze joined the Supervisory Board with a focus on sales, marketing and branding. Also, to underline the strong commitment to ROTO of the De Boer family, Arnaud de Boer joined the Supervisory Board. In line with our ambition, we have now achieved an equal distribution of men and women, which also perfectly fits with our goals for the CSRD and other requirements.

Meetings and topics

In 2022, the Supervisory Board met nine times, including a 2-day visit to Prestia with the complete new Supervisory Board which served as an excellent opportunity for alignment and team development, at the meetings the management of Roto B.V. was also present. These meetings, always starting with Safety First, discussed the Business Unit's quarterly reports, operations, sustainability, investment plans and innovation, as well as the audit report on ICT and administrative organisation and the planning and results of the audit procedures.

Special topics for discussion were strategy, entrepreneurship, value creation, risk management, the results of the ROTO PeopleSurvey, HR policy and the importance of strengthening leadership and control in the various Business Units and taking steps towards ESG and CSRD reporting.

A value-driven approach to business leads to broad value creation

The current challenging and often unpredictable geopolitical situation only emphasises the need for a solid strategy and risk management to ensure future success. As such, it is crucial to build on our ROTO Strategy House and our values as well as reporting and steering towards broad value creation along the lines of the UN Sustainable Development Goals.