Centric recovers after eventful 2022
After a period of managerial challenges, Centric is again looking ahead with confidence. A governance crisis and much media attention made 2022 a very eventful year, in which results lagged behind. In 2023, calm and stability returned.
While regaining the trust of customers and other stakeholders, we laid a solid foundation for operational continuity, growth and new business in 2023. A temporary new leadership was put in place, and two non-executives joined the board.
Centric has been investing in product development at its own risk and expense since its inception, without external financing. However, given the operating result, cost management remains a key priority for the period ahead and it is important to strike a healthy balance between expenses and operations.