In the year 2017 there was recovery in many areas. The effects of the crisis in prior years were still visible in 2016 with very moderate market demand and low price levels.
During the crisis years a great deal of restructuring and consolidation took place, especially among European pipe producers.
Our distribution companies in Europe developed very well in 2017.
The Van Leeuwen Pipe and Tube Group’s consolidated net sales were € 613 million, an increase of 12% compared to the previous financial year.
Our employees play a crucial part in the customer service chain throughout the world.
The outlook for the global economy is positive. There is more confidence in the market. Investments are increasing, resulting in increased demand and upward price pressures.