OTS - Xella with significant growth in financial year 2021
2022. April 13. 12:16
Duisburg, April 13, 2022 (APA/OTS) - Sales increased to €1,698
million in 2021; a 12.7 percent increase compared to 2020 (1) -
Publication of 2021 sustainability report: Xella Group rated as ESG
'low risk' - Xella Group, a leading pan-European materials provider
of sustainable, efficient, and affordable walling solutions, was
able to benefit from a recovering construction market in the fiscal
year 2021. Sales rose significantly by 12.7 percent to €1,698
million (€1,507 million in FY20) with both business units, Building
Materials and Insulation, contributing. Sales from the Building
Materials business unit (excluding the Insulation business unit)
grew by 9.2 percent to €1,171 million (€1,072 million in FY2020).
In line with the strategy to focus on building materials, Xella
announced the sale of its Insulation business unit URSA in January
2022. These business activities are accounted for as discontinued
operations. The transaction is expected to close in H1-2022.
"We can look back on a highly successful year 2021, where we
were able to grow significantly and outperform our market. We serve
the market need for sustainable, efficient, and affordable
solutions, in a comprehensive way. I'm proud of what we have
achieved as a team and I want to thank all our employees for their
excellent contribution," said Christophe Clemente, Chief Executive
Officer of Xella Group.
Ideally positioned for growth in a rapidly changing industry
Over the past few years, Xella evolved from a pure manufacturer
of building and insulation materials into a customer-oriented
solution provider for the entire building envelope. The company
strives to provide energy-efficient, sustainable, and
cost-efficient residential and commercial buildings solutions. This
positions Xella to serve a rapidly changing industry, which is
increasingly characterized by the demand for efficient, less labor
intensive and sustainable construction. These trends provide
tailwinds to the success of Xella Group.
ESG: Top industry rated
Xella strives to contribute to the sustainability and net zero
emissions of the building industry. The Group's sustainability
strategy is an integral part of the business strategy. "Our
products, manufacturing and management processes, and our supply
chain meet high environmental, social and governance standards. We
will continue our sustainability journey with the aim of using
human, natural and financial resources in the best possible way in
terms of sustainable development," said Christophe Clemente.
The main pillars of Xella's ESG strategy are to further
decrease its CO2 emissions across all operations (30 percent
reduction of CO2 emission intensity of products until 2030 (2)), to
develop circularity of its materials and to decrease the use of
virgin raw materials and materials sent to landfill (zero waste to
landfill by 2024 for AAC leftovers). Furthermore, Xella aims to
provide safe and inclusive working conditions and to provide
development opportunities for employees. The company intends to
increase the share of female managers to 25 percent at Group level
by 2025.
In December 2021, Xella received an ESG Risk Rating of 19.8
from Sustainalytics and was assessed to be at "low-risk" of
experiencing material financial impacts from ESG factors. Xella's
ESG Risk Rating places it 4th out of 127 companies in
Sustainalytics' "Construction Materials" industry.
For more information on the Group's sustainability strategy and
targets, please visit www.sustainability.xella.com.
The report can be viewed directly via this link: SUSTAINABILITY
REPORT 2021.
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About Xella Group
Xella Group is a leading pan-European provider of efficient,
innovative and sustainable walling solutions for the entire house
shell with operations in 22 countries across Europe. Xella is home
of well-known brands such as Ytong, Silka, Hebel and Multipor and a
pioneer in digitally supported construction processes. Its
high-quality products are based on natural raw materials and
address the need for efficient and affordable construction and the
demand for sustainable walling solutions. Xella 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.
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, Germany
Phone: +49 (0)203 60880 5500
Mobile: +49 (0)160 99055 743
Email: cecile.fages@xella.com
(1) Including Ursa
(2) Measured by direct scope 1 and indirect scope 2 emissions;
compared to 2019.
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