Preface by our CEO, Remco Boerefijn

I want to take this opportunity to look back on the past year and look ahead to 2022. Last year was a special year, a year in which Corona held us in its grip, a year in which we suffered from material shortages, a year in which raw material prices rose dramatically. But also a year in which we as IPCOM Group achieved strong results. A record year!

We are proud to have very strong companies in our IPCOM Group. In Switzerland, our Regisol colleagues celebrated their 40th anniversary and IDT celebrated its 25th anniversary on the Austrian market. During those decades, both organizations have grown a lot and have become very strong in their countries with clear added value for their customers. Congratulations!

Further market expansion through acquisitions took place in Finland and the Netherlands. New ISOPARTNER warehouses were opened in Norway and Hungary. So, 2021 was a year of further development and expansion.

In 2022, we want to build further on this success. Customers are becoming smarter than ever, hence our strong commitment to continue our focus on:

• digital and marketing development at IPCOM, where websites, e-commerce platforms, private label and apps are further developed to introduce customers to our services and help them quickly:
• further, optimize smart pricing initiatives to ensure that we can continue to be a healthy company despite rising commodity prices and logistical hurdles;
• keep our staff up to date with new skills, which they can learn via our digital “e-Learning” platform. This platform will gradually be rolled out to a wider audience;
• finally, we will start a new project to assess our CO2 impact as a group. We will use that to develop a plan for how we can reduce our CO2 impact. Together with you, we want to work towards a special “sustainable label”, even though this may take some years. In this way, we can make our contribution as a company for tomorrows climate and a sustainable world.

Let's all move forward in 2022 with the same drive to beat the volatile market.

Stay healthy and safe!

Best wishes

Remco Boerefijn

CEO