Publication TKH Annual Report 2022

We are committed to make the world better by creating ever more efficient and more Sustainable Systems

We are proud to publish our Annual Report 2022 to show the excellent results of the TKH Group in 2022, with turnover growing by 18.0% organically and EBITA growing by 23.9%. We are excited to see how the execution of our Accelerate 2025 strategy program is progressing.

Out of respect for the environment, the report is provided digitally.

Our strong high-end technologies and our focus on three important megatrends – automation, digitalization, and electrification – have created a strong foundation for growth. In 2022, we introduced a substantial Strategic Investment Program of € 200 million, of which the main part is geared towards electrification. This will further support our organic growth and provide our customers with the necessary capacity, enabling them to realize their goals. During the year, we continued to prioritize investments to meet our ESG targets and made particularly good progress in reducing our carbon footprint.

A special word for our team in Ukraine, who managed to work under exceptionally difficult circumstances. We have great respect for how they are coping with the challenges in their daily lives.

We like to thank our stakeholders for their trust and cooperation in realizing the results we achieved and the good foundation we have created for the years to come. In particular, we would like to thank our employees for their considerable dedication, passion, and commitment, and for achieving the best possible results in sometimes challenging situations!

On behalf of the Executive Board,
Alexander van der Lof, Chairman & CEO