Broen-Lab A/S

Development in activities and financial matters
The operating profit for the group for the year totals TDKK 36.764 against TDKK 33.284 last year. Income or loss from ordinary activities after tax totals TDKK 28.576 against TDKK 26.012 last year. At the end of the financial year, equity amounts to TDKK 117.433.

The realized result is considered satisfactory considering the global market situation for the Group’s primary activities. As a company with global market activities, we have been able to compensate for lower market activities in certain regions by gaining market shares in geographical regions, which are still experiencing increased investments in laboratories. The increase in these areas has mainly been driven by the need for increased production and research capacity in the pharmaceutical sector. We have also been able to increase our market shares for emergency shower solutions in our focus markets. The ongoing commercial success of our Group rests upon our ability to operate with very short lead times, combined with superior product solutions which are continuously adapted to meet the demands of the modern laboratory across various sectors. In 2023, the Group continued to face increased costs related to the global financial situation, including, but not limited to, cost of labour, raw materials and freight. Part of the costs had to be passed onto the market through price increases, but a portion of the rise in the cost base could also be absorbed through internal efficiency gains, achieved by continuing the streamlining of our business processes. The result in 2023 was again highly influenced by the exceptional performance of the Group’s employees. Their commitment, know-how and experience remain the cornerstone of our value-adding and innovative solutions, our high customer satisfaction, and ultimately, the strong financial performance of our Group. The Group's overall result is considered satisfactory. A dividend of TDKK 18.650 will be distributed to the shareholders. The Group’s liquid funds are regarded as sufficient.