Message from the Chairman
Ladies and gentlemen,
Dear shareholders,
As we reflect on the past year, I am proud to share that 2024 has been once again an exceptional year for our businesses which have demonstrated outstanding performance. In today’s ever-changing economic environment, where innovation drives progress, I am more convinced than ever that the ability of any industry to endure and to thrive lies in its agility. I am therefore pleased to observe that agility has become a living mindset for our businesses, leading us to stay alert, seize new opportunities, and continue to grow, both organically and by acquisitions.
Our businesses are consistently on the lookout for strategic bolt-on acquisitions to expand into new geographic markets and strengthen our presence. In parallel, they are making forward-looking investments in new and innovative areas. For example, Artificial Intelligence is being tested and integrated at various levels within our businesses. This exploration of AI technologies demonstrates our resolve to embrace technological advancements, ensuring we remain competitive in a continuously evolving market.
As you may know, this year has seen D’Ieteren Group undergo an important change in its shareholding structure. This evolution ensures that the Group is now firmly rooted in one branch of our founding family, reinforcing its long-term vision and stability for generations to come. It is an honour for me, as Chairman, to continue driving the legacy of this bicentenary Group, and I am committed to continue carrying its values and strategy forward with the support of the Board Members.
On this occasion, I am pleased to announce the appointment of three new Directors to the Group: Thierry le Grelle, Olivier Chapelle, and Charles-Antoine Leunen whose expertise and fresh perspectives will further strengthen our governance. I would like to extend a warm welcome to them as they join us in guiding the Group through the exciting opportunities ahead. I also wish to congratulate the skipper of the D’Ieteren Group sailing boat, Denis Van Weynbergh, for successfully completing the Vendée Globe round-the-world tour, despite encountering numerous challenges to do so. His courage, determination, and resilience throughout the race perfectly embody the core values of our Group while reflecting the spirit of all those driven by the energy to undertake. Bravo Denis!
Looking ahead, the Group is well-positioned for continued success. The unwavering commitment of our teams, coupled with their dedication to excellence and customer satisfaction, provides us with a solid foundation for future growth. I am truly grateful for their hard work. Together, we are united by a long-term vision for a family of businesses with a global reach, poised to thrive and adapt in ever-evolving market landscapes.
Thank you for your continued trust.
Best regards,
Nicolas D’Ieteren
Chairman of the Board