Eurofiber Annual Results 2023

In 2023, the Eurofiber Group achieved revenues of 279 million, up 14% versus 2022 (245 million). 

The growth was achieved across our markets. In 2023, Eurofiber further deployed its fiberoptic network at a record pace evidenced by 134 million in fiber network-related capital expenditures, 85% directly related to orders from new and existing customers.

Highlights 2023

Eurofiber completed the new digital network of LVNL (Air Traffic Control The Netherlands) at the airports of Schiphol, Rotterdam-The Hague, Maastricht, Eelde and Lelystad. With the new fiberoptic infrastructure, air traffic can be managed and monitored at various airports from the central Air Traffic Control facility at Schiphol: infrastructure in the most critical sense.

Eurofiber acquired Appliwave and Avelia. Building on earlier acquisitions, Eurofiber continued to strengthen its position in the French market.

Eurofiber Cloud Infra has been commissioned by PinkRoccade in the Netherlands to realize a new Private Cloud environment for the iBurgerzaken application landscape, used by municipalities to provide citizen services.

In October 2023, Eurofiber received SBTi approval for its carbon reduction targets. Officially approved science-based targets commit Eurofiber to reduce absolute scope 1 and 2 GHG emissions 90% by 2030 and our scope 3 emissions by 30% from a 2021 base year.

Eurofiber and Colt Technologies announced a strategic partnership. The new partnership formalizes and expands the relationship between the two companies, and strengthens both companies' abilities to support customers with the agility and flexibility they need to thrive in today's digital economy.

2024
At the 2024 Mobile World Congress in Barcelona in February, Eurofiber and Nokia announced a partnership for supplying Mobile Private Network (MPN) services. This step marks the expansion of Eurofiber’s open digital infrastructure – over its own proprietary fiberoptic network – to include private mobile services. The new service enables businesses and institutions to enhance their efficiency even further. Also referred to as ‘Private 5G’, MPN provides an ultra-secure network with its own shielded and dedicated frequency. 

Eurofiber acquired the shares held by Vattenfall Wärme Berlin AG in their joint venture, Vattenfall Eurofiber, making it a wholly owned subsidiary of Eurofiber. The company, now renamed Eurofiber Berlin, aims to provide fiberoptic access to at least 500,000 households and businesses in the German capital. 

As part of a consortium, Eurofiber and its partner Q*bird succeeded in being the first in the world to build a scalable quantum internet connection, in the port of Rotterdam. A trial setup demonstrated that the use of quantum technology prevents access to sensitive information. In future, this new communication system could improve the security of the tens of thousands of seagoing vessels that visit the port every year and also better secure the resulting economic traffic from the threat of quantum computers.

In the latest EcoVadis sustainability rating in May 2024, Eurofiber Netherlands has attained the highest achievable status: Platinum. In attaining this platinum position with its ESG initiatives, Eurofiber has reached the top 1% high-performing companies, out of a total of 130,000 rated by EcoVadis worldwide.

About Eurofiber
Eurofiber has been a provider of industry-leading open digital infrastructure since 2000. Utilizing our own fiberoptic network and datacenters, we provide smart, open, future-proof cloud infrastructure and connectivity solutions to companies, government bodies and non-profit organizations.

Customers have complete freedom to choose the services, applications and providers they need, allowing them to tap into the full potential of digital innovation. Eurofiber has a 70,500 km fiberoptic network in the Netherlands, Belgium, France and Germany, expanding by 50 km per week on average. Eurofiber companies operate ten datacenters in the Netherlands and France. Supplementing that vital infrastructure, we also offer interconnectivity between nearly all carrier-neutral datacenters in the Netherlands and Belgium through the DCspine platform. Eurofiber is laying the foundation under the digital society, which is why the Dutch government has assigned Eurofiber the status of ‘vital infrastructure’.

The Eurofiber Group consists of Eurofiber (Netherlands, Belgium, France, Germany), and Eurofiber Cloud Infra (Netherlands). Eurofiber participates in the joint venture Unifiber in Belgium and has an investment partnership with a nationwide fiber infrastructure operation with NGN Fiber Network (Germany).

Eurofiber is backed by Antin Infrastructure Partners, and PGGM infrastructure Fund as a minority shareholder. Antin is a leading private equity firm focused on infrastructure. With over EUR31bn in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the digital, energy and environment, transport, and social infrastructure sectors. PGGM Infrastructure Fund is an open-ended fund with EUR14bn assets under management in infrastructure investments. Since 2010, the fund has been active in various infrastructure sectors, including digital.