VDL Groep records continued growth in the fir ...
VDL Groep in Eindhoven has succeeded in achieving the growth forecast for the first six months of 2018. This industrial family business recorded a combined turnover of 3.1 billion euros for the first six months of the year, which is an increase of 29% compared with the first six months of 2017 (2.4 billion euros). In the first six months of 2018, the operating profit increased by 3 million euros in comparison with the same period last year. The financial result after taxes for the first six months was lower than the same period a year before, being 69 million euros in comparison with 75 million euros. This difference is primarily due to the possibility to profit from several sources of extraordinary income. The total order portfolio (excluding the Car Assembly division) has grown across the board, from 769 million euros at the end of 2017, to 957 million euros in mid 2018, which is an increase of approximately one-quarter. In the space of just one year, the number of individuals employed by VDL Groep increased by 11 percent to 17,238 employees in mid 2018.
