Annual results 2020/2021
Better Than Expected At The Outset
Holland Colours, a global producer of colorants and additives for plastics for the building & construction, packaging and coatings markets, delivered better results in 2020/2021 than the company expected at the start of the financial year, which coincided with many countries around the world going into lockdown. Thanks to a stringent focus on employee safety, commitment to customers, and tight controls on costs and investments, the Company is able to report the following results for financial year 2020/2021:
- 5% revenue decrease on the previous financial year;
- Operating result from continued operations was € 12.4 million versus € 10.8 million previous year;
- Net result after discontinued operations was € 9.6 million versus € 7.9 million prior year and net earnings per share came in at € 11.00 versus € 9.09 prior year;
- Final dividend proposed of € 4.8 million (€ 5.50 per share).