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DLL CEO Stephenson Highlights Strong Growth, Vendor Finance

May 21, 2019, 07:25 AM
Filed Under: Company Announcements

In "2018 Year in Review — A letter from DLL CEO Bill Stephenson,” posted on the company’s blog, the global firm's leader states: “2018 was a year of growth and progress for DLL and our performance was strong in virtually every facet of our company.”

“Our achievement not only spanned across financial and commercial targets, but also touched on customer satisfaction, employee engagement and social contributions. In an increasingly competitive market, we continued to differentiate DLL and grow our market share. It was most satisfying to see these collective efforts drive an increase in our value contribution to all key stakeholders, including our customers, employees and parent, Rabobank,” wrote Stephenson, who is also Chairman of the Executive Board at DLL.

DLL’s award-winning global vendor finance business had another strong year and continues to provide a solid foundation for the company to build and prepare for the future, he added.

“This means accelerating our digital transformation and also developing new business models, such as pay-per-use products to support a world increasingly focused on equipment usage over traditional ownership,” Stephenson wrote. “These are exciting times for our industry, and I am especially proud of the pioneering role that DLL continues to exemplify in areas such as life-cycle asset management, which focuses on reuse of assets and supports the circular economy.”

DLL reported its 2018 results on May 2.

On May 29, DLL will mark its 50th anniversary as a company.

Read the full letter here.

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