Our financials
TAUW is well on the way to achieving its mission. In 2023 we laid the building blocks for our future, enhancing our client propositions, fostering employee commitment and furthering growth. This report shows that sustainability is not only commercially feasible – it is the only way forward.
Financial results
Turnover
(in mEUR)
2022: 146.6
EBITDA
(in mEUR)
2022: 8.5
EBITDA
(in % of Turnover)
2022: 5.8%
Solvency
(equity ratio in %)
2022: 46.9%
Number of employees
2022: 1.284
2023 was a challenging year with high economic uncertainty, unprecedented inflation, an overheated labour market and a declining business climate for the industry, on top of increased social unrest across Europe. Against the backdrop of these developments, in line with our long-term growth ambition, we were able to grow as a mission-driven company. Turnover levels increased by almost 10% to EUR 160.4 million and EBITDA increased by 14% to almost EUR 10 million.
”In 2023 we further strengthened our financial foundation and increased our positive societal impact by executing our growth strategy and making sustainability feasible for our clients and society. Something we can build on in the years to come on our route to fulfilling our ambitious mission.”
– Remco Vaanholt, CFO TAUW Group
Turnover split (%) per field of expertise in 2023
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