Kentaur delivers record financial results
Danish workwear company Kentaur has achieved the strongest financial results in its history, reporting a revenue of DKK 363 million and a net profit of DKK 31 million. This milestone reflects strategic investments in product development, enhanced logistics capabilities, and a stronger local presence across several European markets.
Kentaur, which supplies light workwear to sectors such as healthcare, catering, and the hospitality industry, has seen growth on nearly all fronts. With a revenue of DKK 363 million and a net result of DKK 31 million, the company sets a record – cementing its position as a strong player in an evolving market.
This progress is the result of a focused effort across the organization, with particular emphasis on innovation and expansion with existing customers throughout Europe.
“It is with great pleasure that the board has signed off on the annual report. We are gaining market share in a consolidating market and are successfully growing existing customers across European markets. We have launched strong, design-protected product innovations that position us well in the market – and which customers have responded to very positively,” says Christian Beirholm, Partner and Commercial Director at Kentaur.
Logistics and production close to customers strengthen the business
Behind the strong 2024 results is an efficient value chain, where both logistics and production play key roles. In particular, the geographic setup close to European customers has proven to be a crucial factor.
“We are seeing solid development across the entire value chain. Our logistics and warehouse setup in Poland has just celebrated its five-year anniversary, and we are pleased to see that our production in Serbia confirms that being close to our European customers makes a difference. Short delivery times and flexibility in quantities and sizes are essential to delivering value to end customers,” says Mette Gordon Vallentin, CFOO at Kentaur.
Strong unity and clear direction for the future
The financial results mark an important milestone for Kentaur and come after a generational transition on the company’s board.
“Naturally, it is bittersweet that we cannot celebrate this with Bernt Dahl, who passed away last year. But as an organization, we stand strong and continue the good work. We are pleased that Marco Dahl has now joined the board. It is wonderful to show him that we are carrying on where his father left off – and that we know exactly what it takes to ensure happy customers and strong partnerships. The plan for Kentaur is in place, and we will continue to execute on the strategy to grow the business,” says Mie Krog, CEO of Kentaur.
In 2025, Kentaur aims to increase both revenue and profitability by deepening relationships with existing customers and expanding into new markets. Strategic priorities include continued product development and a more structured approach to ESG, focusing on responsible production, supplier management, and employee well-being.