Beyond caring for our people and for our planet, SHV places a strong emphasis on delivering performance. By this, we mean the required level of financial returns on capital invested.

In this chapter, we will look at 2023 financial results as a whole and the key factors behind them. We will then detail Group-specific developments in the context of their respective market dynamics, strategies, and strategic execution. 

As a global organisation, a reliable and consistent performance must be underpinned by a robust risk management framework. After outlining this framework, we will conclude with a review of historical trends as shown in a five-year overview.