Catom Annual Report 2020 EN

Retail Retail again experienced significant

Catom is one of the five largest players in the Dutch wholesale market and sees opportunities for further growth in this segment. The major oil companies, also referred to as the ‘majors’, are expected to leave this market in due course, in order to focus more on upstream activities. Reselling In the reselling division – resale of fuels and lubricants by OK Oliecentrale BV and OK Marine B.V. – the volume of motor fuels dropped by 6.3%. The volume of lubricants sold dropped by 7.69%. In a slightly declining reselling market, Catom has succeeded in enhancing its market leadership position.

developments in 2020. The expansion of the number of OK stations continued, thanks to, inter alia, the acquisition of a number of petrol stations and the renova tion and rebranding of a number of stations acquired earlier. Following on from this, successful building work on the internal organisation is ongoing in order to control the constantly growing Retail operation from the head office. On balance, the volume of motor fuels sold by our retail operation increased by 3,01%. The shop sales increased by 31%. Research During the financial year no work was done in the area of research and development that was included in the balance sheet.

During the year under review, Catom acquired an oil trader.

As a consequence, and thanks to its efficient and safety-conscious operations, Catom maintains its excellent starting position in this market, which shows a growing concentration trend.

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