OTS - Xella achieved solid results in 2022 and is well positioned to address the unabated need for affordable and sustainable building solutions
2023. April 17. 12:35
Duisburg, 17 April, 2023 (APA/OTS) - Revenue increased to €1.37
billion in 2022 - Growth of 17 per cent compared to the previous
year [1] - Product range increasingly meets demand for efficient
and sustainable building solutions
Xella Group, a leading European materials provider of
sustainable, efficient, and affordable walling solutions, realized
significant growth in the 2022 financial year. The Group's revenue
increased by 17% to €1.37 billion (€1.17 billion in the 2021
financial year).
2022's performance reflects the strategic decision to focus on
development of Xella's building material solutions and on the
sustainable profitability of these operations. Guided by the
decision to re-focus on Xella's core, Xella continued to improve
and develop its AAC and CSU production capabilities while also
divesting of the Ursa business unit.
"Today's construction market is characterized by rising costs,
labor shortages and environmental needs. In turn, customers are
looking for efficient, affordable and sustainable solutions. This
is exactly what Xella offers. Thanks to the superior features of
our products and services, we were able to record good growth last
year and I praise our employees for the impressive achievements,"
commented Christophe Clemente, CEO of the Xella Group. "Despite the
building industry's current slowdown linked to inflation and
interest rate increases, Xella's mid and long-term prospects look
promising - this is based on housing shortages in our markets and
mega trends that we are well positioned to address. So fundamentals
remain favorable, but in the coming months our focus is on adapting
our production level to the market's needs, generating substantial
cost savings, and sustaining our strong margin performance."
Through its digital initiatives and solutions, Xella generates
tangible additional value for its customers by providing optimized
processes that enable more efficient on-site construction, with
cost savings realized through faster construction, reduced errors
and optimized quantity of material required.
"Xella is very well positioned to adapt to the changing market
environment. We will continue to consistently optimize our
processes and keep a firm eye on our profitability. At the same
time, we are relentlessly investing in the excellent quality of our
products, in the safety of our employees, and in the sustainable
future of Xella", says Christophe Clemente.
[1] All data exclude the former participation in the insulation
manufacturer Ursa.
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About Xella Group
The Xella Group is a European provider of efficient and
sustainable walling solutions for the entire house shell. Xella is
home of well-known brands such as Ytong, Silka, Hebel and Multipor
and a pioneer in digitally supported construction processes. Our
high-performing products based on natural raw materials address the
need for efficient construction and the demand for sustainable
building solutions. The group drives innovation along the entire
value chain from planning to production and installation. Xella
improves the sustainability of buildings throughout their entire
lifecycle and contributes to a low carbon industry compatible with
a circular economy. Headquartered in Duisburg, Germany, the Xella
Group employs more than 5,200 employees.
For more information on Xella Group, visit: www.xella.com
Contact:
Xella International GmbH
Cécile Fages
Chief Sustainability and Communications Officer
Düsseldorfer Landstraße 395
47259 Duisburg, Deutschland
Phone: +49 (0)203 60880 5500
E-Mail: cecile.fages@xella.com
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