info@genan.com
info@genan.com

MEDIA COVERAGE

DO YOU HAVE ANY QUESTIONS ABOUT GENAN?

Genan is the largest scrap tire recycler in the world. We have five large recycling plants in Europe and the world’s largest tire recycling plant in Houston, Texas, USA. Genan’s vision is to recycle scrap tires in the most beneficial way, both economically and environmentally.

GENAN IS ALWAYS AVAILABLE TO THE MEDIA

We are happy to provide you with information about our company. For any PR-related questions, please contact our PR Coordinator. Lisbet will answer your questions or refer you to the spokesperson within the relevant area of expertise.

LISBET V. THYBO
PR COORDINATOR
lvt@genan.com | Tel.: +45 8728 3026 | Mobile: +45 2046 6792

PRESS RELEASES

Below you will find our most recent press releases.

Genan group – Annual Report: Solid 2023 accounts following a challenging 2022
MAY 6, 2024
Genan group – Annual Report: Solid 2023 accounts following a challenging 2022

World-largest mechanical tire recycling group, Danish-owned Genan, achieved a turnover of EUR 58.7 million in 2023. Compared to the previous year, this corresponds to a minor, 7% drop. Despite lower sales, EBITDA increased by more than 50% to close to EUR 9.4 million. Operating profits (EBIT) multiplied from just over EUR 750,000 to EUR 3.2 million, while net earnings, negatively impacted by currency exchange rates, increased to EUR 2 million compared to EUR 1.5 million in 2022. The Genan group considers the annual accounts to be satisfactory, expecting a continued, positive development of key financial ratios in 2024.

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Genan group – Annual Report 2022: Record-high turnover – but high energy prices limit earnings
APRIL 25, 2023
Genan group – Annual Report 2022: Record-high turnover – but high energy prices limit earnings

World-largest tire recycler, Danish environmental company Genan, achieved a record turnover of more than EUR 62 million last year, representing a 4.6% increase in comparison with the previous year. Yet earnings dropped from close to EUR 3.5 million in 2021 to EUR 1.5 million in 2022 – mainly due to high energy and freight prices.

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PHOTOS & BRAND IDENTITY

Click boxes below to download zip files with photos and images.

Photos / graphics downloaded from the below image library may be freely used for editorial purposes, as long as Genan is indicated as source. Photos / graphics may not be used for commercial purposes.
In case of questions, please contact PR Coordinator Lisbet V. Thybo at lvt@genan.com.

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