2008: an excellent year for Essent
Essent successfully implemented its financial and strategic policies on all fronts. As a result, 2008 was characterised by an excellent financial performance, an improved operational performance, investments supporting further growth, preparations for the unbundling, and success in finding a European energy partner.
The partnership with RWE forms a strong foundation for a sustainable and healthy future for Essent
Michiel Boersma, Chairman of Essent’s Executive Board: ‘We have an exciting year behind us. Preparations for the unbundling, the process towards a collaboration with an international partner, and internal improvement processes were all happening at the same time. Despite this, we performed better than ever, with an increase in turnover of 22% and a profit increase of 11%. Everyone at Essent worked rigorously to achieve this and I am extremely proud of that. This result, coupled with achieving the required and necessary scale with RWE, means we are creating a strong foundation for the future, where sustainable innovation and intelligent energy solutions, the development of new technologies, and refined applications of existing technologies are the main consideration.’
Published: 05 March 2009