Grain Chronicle Grain Chronicle

Simatek Bulk Systems Recognized as a Successful Company for the Second Time

Simatek Bulk Systems Recognized as a Successful Company for the Second Time

Image: Simatek

Simatek Bulk Systems A/S has been recognized as a Successful Company for the second time, placing the company among a select group of Danish businesses demonstrating strong and sustainable financial performance.

The recognition has been awarded since 2019 by Nykredit, Spar Nord and BDO to Danish companies with up to 1,500 full-time employees that meet a defined set of financial performance criteria. According to Simatek Bulk Systems, the company is among the 0.3% of Danish companies selected for the recognition.

The assessment is based on several financial indicators, including growth in profit before tax over a five-year period, an equity ratio above 15% in the most recent financial year, growth in equity over five years and the ability to generate results based on the capital available to the company.

Simatek Bulk Systems said the recognition reflects the results achieved collectively across the company and expressed its appreciation for the teams contributing to its performance.

The company also stated that it aims to continue its growth while contributing to the wider Danish business community.