Catom Annual Report 2023 EN

General information

Ever since its establishment in 1998, the company has experienced uninterrupted turnover and profit growth, as a result of both takeovers and autonomous growth. In 2023 a record-breaking sales figure of € 1.7 billion was realised. In a year characterised by further recovery from the worldwide imbalance between supply and demand of fuels, Catom saw a healthy growth in practically all its business lines. The develop ment in business fundamentals was strong in 2023. This is shown by volume growth in wholesale activities and retail, in both fuel sales and shop sales. Fuel volumes dropped a little in business-to-business on land and water, while lubricant volumes increased slightly. Over the reporting year 2023, a number of takeovers were realised again, particularly with regard to OK Petrol Stations, with the addition of one motorway and eight city sites to the network. With Slurink Holding entering the Catom Group, we substantially expanded the OK Marine activities. 2023

was therefore marked by the integration of the Slurink bunker stations into the Group. In addition to the increased number of petrol stations, in 2023 significant invest ments were made in the quality of the OK network through construction and renova tion of petrol stations, and the rollout of the OK Grand Café concept at 3 locations. The international (crude) oil market is volatile. Local markets of finished products may well be characterized by their own dynamics, but are nonetheless, as a rule, affected by that volatility. Fluctuations in prices had a significant impact on our business in 2023. Market conditions in 2023 were characterised by falling fuel prices and a volatile renewable fuels market with a negative effect on the gross margin. Catom is a leading company in the market and reacted nimbly to opportunities and threats of the 2023 market situation.

In 2023 we continued to develop the IT department, optimising IT Systems, Applica

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