Solar panels in the THORNICO group
When we build new production and logistics facilities within our group, we need to consider the green transition in the process. Read more about our investments in i.a. solar energy, here.
It is with great excitement that we today post our 2021 annual results for the entire THORNICO Group. Despite the continuing impact of the global COVID-19 pandemic and challenging market conditions across industries, THORNICO comes out with historical earnings and revenue records for 2021.
Christian Nicholas Stadil, CEO and owner, THORNICO:
“2021 has in many ways been an extreme year with COVID-19 influencing various markets especially in Q1, as well as with substantial rising commodity and energy prices in Q3 and Q4. However, our conglomerate structure, with risk diversification across various industries, markets and product groups, has once again shown its relevance." (...)
Thor Stadil, Chairman of the Board, THORNICO:
“The biggest revenue driver in 2021 has been our shipping company THORCO PROJECTS, which with its new asset-light business model has been incredibly skilled at taking advantage of the unique market situation in the world. The challenges that other companies in the THORNICO Group experiences regarding cargo, THORCO PROJECTS manages to make a profit from." (...)
When we build new production and logistics facilities within our group, we need to consider the green transition in the process. Read more about our investments in i.a. solar energy, here.
Lactosan just launched their new partnership with the Danish NGO Dairy without Borders (Mejerifolk uden grænser). Read more about it here.
When we give away our LE NON MOI – THORNICO Prize of DKK 250,000, it is accompanied by a unique piece of artwork. Read more about this year's artwork and the artist behind it.