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15 Apr

Market slowdown hits Van Leeuwen performance, remains profitable

After highly favourable market conditions in the previous two years, Van Leeuwen Pipe and Tube Group’s performance stuttered in 2023 but remained positive. Demand in various markets declined, causing price pressure which resulted in lower gross margins, Kallanish hears from the Dutch company. Revenue stayed virtually the same as in 2022 due to a higher volume of direct deliveries and projects, at €1.62 billion ($1.72 billion). Operating result amou…
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