31st March 2014
Despite the continued generally weak market conditions TITAN Containers A/S reported a profit of DKK 26 million before tax, on a slightly lower turnover, for 2013. The result was marginally better than 2012.
Major new investments were made in the container fleet and the Company's infrastructure during 2013 taking the balance sheet to in excess of DKK 500 million. New investments will continue during 2014 and the Company is right on track to meet it's growth expectations for 2014 and beyond.
We take this opportunity to thank all our customers and suppliers for their support during 2013.