Interfood in 2023:
a year in review
Capture the highlights of Interfood’s 2023 Integrated Report, covering our financial and non-financial performance during the calendar year.
From our CEO
I am very proud of how the Interfood team handled the tremendous challenges of 2023 and manoeuvred our strategy and development to deliver an exceptional financial performance.
The trading year 2023 was truly remarkable with Interfood profits nearly doubling year-on-year.
This success is thanks to the innovation and dedication of our employees and stakeholders, resulting in a record Group profit of €71.5 million, with further progress on our strategic agenda supporting this exceptional achievement.
Frank van Stipdonk
Chief Executive Officer
Interfood has been at the heart of the global dairy value chain connecting supply and demand for over 50 years.
Key metrics at a glance
2023 Financial report
In 2023, Interfood reached a significant financial milestone, more than doubling net income year-on-year to €71.5 million. While we started 2023 with a strong order book, the magnitude of this financial success grew throughout the year and underscores our commitment to continuous improvement.
Value creation model
Value creation is the core objective at Interfood.
We leverage the collective knowledge, skills, and networks of our team to fulfil and exceed the expectations of our stakeholders and the broader community. By utilising our double materiality matrix, we identify and prioritise initiatives that offer the most significant sustainable impact, thereby optimising our positive influence on society and contributing effectively to the United Nations’ Sustainable Developments Goals.
Our global Company today
At Interfood, our objective remains consistent: to deliver better products, better services, and knowledgeable insights into the dairy industry. With a global presence covering 14 offices, Interfood’s team consists of over 350 professionals. Our strength lies in the lasting relationships we have forged over the years, and the ongoing collaborations with those business partners. In addition to our business goals, we are committed to playing a significant role in the sustainability of the dairy sector, both today and in the future. This commitment aligns with our purpose, ‘Together for better’.
Our values: ‘Together for better’
Teamwork
Commitment
Professionalism
Continuous improvement
Responsible leadership
Sustainability pillars
To ensure the full integration of sustainability into our business operations we have developed a framework that formalises our approach, and we are making good progress on integrating sustainability into our DNA and translating this impact beyond our organisation.
Sustainable solutions
Sustainable
value chain
Sustainable employer
Sustainable operations
Sustainable
society
Sustainable Development Goals (SDGs)
Interfood continues to embrace the United Nations’ SDGs, with sustainability increasingly integrated into our day-to-day activities.
"The SDGs guide us in measuring the impact we realise against global well-being indicators, keeping a broad perspective on our sustainability performance."
Iris Budie
Sustainability Programme Manager
Outlook
In anticipation of the opportunities and challenges ahead, our strategic vision is centred on strengthening our core competencies and remaining agile to deal with emerging trends. This comprehensive outlook underscores our commitment to sustainable growth, our clients and suppliers, operational excellence, and making a positive impact on the wider industry.
We are confident that continuing on our existing course provides a robust and stable basis for sustainable and profitable growth in the years to come.