VEO’s board of directors at has set a new target for the company according to which by 2023, VEO will have reached an annual turnover of €200M with €8M in profit. This entails three major elements in the development of the company: strong organic growth, acquisitions and the utilisation of new technologies. At VEO, this target is known as 200-8-2023. A detailed plan on how we will reach the target will be put in place by the management team by October 2018.
The company will continue its profitable growth strategy. In the long run, our goal is an annual growth of around 10% and continuous growth in profitability.