The 2018 result of the Van Leeuwen Pipe and Tube Group further improved as compared to previous years. Van Leeuwen made further investments in distribution and service facilities as well as in innovative solutions for the customer.
Turnover of the international trading company specializing in steel pipes, and pipe and tube applications amounted to €630 M, an increase of 3% compared to 2017 (€613 M). Operating result and net profit increased and amounted to €13.5 M (2017: €12.4 M) and €9.7 M (2017: €6.3 M), respectively.
In 2018, demand in both the European industry market and the worldwide energy market developed favorably. Particularly in the pipeline segment, Van Leeuwen’s sales are growing.
On May 1, 2018, Van Leeuwen acquired the operations of Ferrostaal Piping Supply, a German-Dutch pipe and tube trading company. This provides Van Leeuwen with better access to the German and Central European market, in particular, the chemical, petrochemical and machine building segments.
Van Leeuwen is currently investing in the expansion of its international network of stock locations, modernization of its machine park and in digitization.
