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Profit

Value creation is given a broad interpretation at TenCate. Apart from profitability, value creation also includes the development of both the organization and our position in the value chain. This takes into account the interests of all parties.

TenCate has carried the Royal title for more than 150 years and in this regard it can be said that ‘noblesse oblige’. Acting fairly and ethically is characteristic of the way in which TenCate takes part in economic activity.

  • TenCate invests a great deal of energy in innovation. By introducing innovations, the company’s profitability and thus its continued existence is secured.
  • TenCate allows it employees to share in the company’s success, by making profit distribution available.
  • TenCate aims not only to move forward, the company enables it employees to do so too. They are given every opportunity to attend training programmes and courses.
Profit stands for more than net profit. It is also about how this profit is earned. This includes paying an honest price for raw materials and the working conditions of the employees. Instead of ‘Profit’, ‘Prosperity’ is currently also used, because this influences a wider group.