The Antwerp logistics group of Katoen Natie reached a historic milestone in 2024: for the first time the turnover of the company exceeded the border of 3 billion euros. This is according to figures from the Luxembourg Business Register, about which business newspaper Time reported on weekends.
Cotton Natie’s net profit rose by 29% to 244 million euros. Among other things, lower exchange rate losses would be a favorable role in the result. Since the group is active worldwide, fluctuations in currency have a significant impact on the figures.
Katoen Natie also paid a dividend of 30 million euros to shareholders last summer.