Strategic focus and change 2
021 was a year of major growth and development at Verdo. A year in which we achieved a strong financial result, and set a new course with goals of more sustainable growth, for a healthy and robust company that now has annual revenue of DKK 2.9 billion. 2021 was the first year with a new strategy for Verdo. A strategy focused on ambitious development of our core business – operating and developing sustainable, critical infrastructure, for the benefit of our customers and society. We have formulated a social contract in which Verdo commits to being a purpose-driven, consumer-led company with multiple bottom lines, through four pledges:
The annual report is based on the financial statements from the official annual report. It is a report on developments in the Group’s business areas, and its strategy and CSR activities.
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Annual report 2021
• We aim to make life simpler for our customers by supplying sustainable and secure utility services at competitive prices. • We aim to be a community that promotes growth for our employees by offering individual development and opportunities for great responsibility. • We aim to contribute to development in our local communities by creating attractive conditions for business, and sharing knowledge and supporting projects in relation to a sustainable transition. • We aim to build long-term relationships with our partners by being
transparent and flexible in our collaboration. The common thread in these social pledges is our vision to always be a green step ahead, which guides our work at several levels: It applies at the strategic level, as we take co-responsibility for the green conversion, global goals and CO2 reduction by implementing energy-efficient solutions to the world’s climate challenges. And it applies at a more practical level, as we make it easy for our customers to make sustainable decisions about electricity, water and heating. As part of Verdo’s strategic focus, we have divested our fibre business, resulting in a one-time gain which has added to our profit in 2021.
