HOLLAND COLOURS ANNUAL REPORT 2015/2016
COLOUR COUNTS
Holland Colours is driven by a unique passion. We are committed to producing high-quality low dosing color concentrates for the plastics and the elastomer industries. While our contribution to our clients' processes might seem small, it actually has a big impact. From building and construction to packaging and elastomer products, our colorants play an integral role in everyday life around the world. This is why this year's annual report centres on the theme: 'Colour Counts'.
We have developed long-term relationships with our customers over the years. Our product development is guided by their needs. This has resulted in a proven track record of providing customised solutions that 'color' their success.
Our products in solid form offer unique and distinctive advantages to the plastics market. They are easy to dose, dust-free, cost effective and easy to process, allowing the color to be incorporated quickly. Our liquid products are highly compatible with plastic products and elastomers, eliminating the risk of by-products that could migrate or affect the properties of the target products.
Color counts and we are proud to ensure it does on a global scale. Holland Colours employs experienced and engaged employees. They have a stake in the company and collectively hold over 20% of the shares in Holland Pigments, a Dutch-based investment company, which in turn owns the majority of the shares in Holland Colours NV.
The world around us is saturated with color, so color does count! Color is in our DNA. That's why we promise our community, our shareholders and other stakeholders to serve as an accountable partner who meets their expectations.
PROFILE |
3 | |
KEY FIGURES |
5 | |
INTRODUCTION BY THE CHIEF EXECUTIVE OFFICER |
8 | |
VISION, MISSION, STRATEGY |
12 | |
REPORT OF THE BOARD OF MANAGEMENT |
16 |
REVENUE |
17 |
DEVELOPMENTS PER DIVISION | |
18 |
RESULTS | |
19 |
EFFECTIVE TAX RATE | |
19 |
CAPITAL EXPENDITURES | |
19 |
CASH FLOW AND FINANCE | |
19 |
NEW PRODUCTS/RESEARCH & DEVELOPMENT | |
20 |
IT SYSTEMS | |
20 |
EMPLOYEES IN THE ORGANIZATION | |
20 |
CORPORATE SOCIAL RESPONSIBILITY | |
25 |
RISK MANAGEMENT | |
27 |
PROFIT APPROPRIATION AND DIVIDEND POLICY | |
28 |
OUTLOOK FOR 2016/2017 | |
CORPORATE GOVERNANCE |
32 | |
REPORT OF THE SUPERVISORY BOARD |
34 | |
THE HOLLAND COLOURS SHARE |
37 | |
FINANCIAL STATEMENTS 2015/2016 |
41 | |
OTHER INFORMATION |
86 | |
INDEPENDENT AUDITOR'S REPORT |
86 | |
ORGANIZATIONAL CHART AS AT APRIL 1, 2016 |
92 | |
CONTACT |
93 |
This is an English translation of the original Dutch text, furnished for convenience only. In case of any conflict between this translation and the original text, the latter will prevail.
The Annual Report 2015/2016 of Holland Colours is also available in Dutch on www.hollandcolours.com
HCA - Holland Colours NV published this content on 22 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 June 2016 14:25:02 UTC.
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