Considerable Financial Growth of Company Xella in 2021
Source: PR
Tuesday, 19.04.2022.
15:47
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Xella Group, a leading European producer of sustainable, energy efficient and innovative construction solutions, managed to realize a growth in the fiscal year 2021. The sale of construction and insulation materials grew considerably, by 12.7%, to EUR 1.698 million (EUR 1.507 million in the fiscal year 2020).
The sale segment of Construction Materials (excluding Insulation Materials) grew 9.2% to EUR 1.171 million (EUR 1.072 million in the fiscal year 2020). In line with its strategy of focusing on construction materials, Xella announced the sale of its business unit for insultation URSA in January 2022. These business activities are recorded as terminated business operations. The transaction is expected to be closed in the first half of 2022.
– We can look back on a very successful year 2021, in which we managed to realize a considerable growth and surpass our market. We are meeting the needs of the market with sustainable, efficient and affordable solutions, in an all-encompassing way. I am proud of what we’ve achieved as a team and I want to thank all our employees for their excellent contribution – stated Christophe Clemente, the CEO of Xella Group.
Ideally positioned for growth in a quickly changing industry
In the past several years, Xella has evolved from the initial producer of construction and insulation materials into a leading international company with a full system of construction for all types of facilities. The company strives to secure energy efficiency, sustainable and cost-effective solutions for residential and office facilities. That way, Xella contributes to a quickly changing industry, which is increasingly characterized by the demand for an efficient and sustainable construction. These trends work in Xella Group’s favor.
ESG: Industry top ranking
Xella strives to contribute to sustainability and zero CO2 emissions in the construction industry. Sustainability is an inevitable part of the business strategy of Xella Group.
– Our products, production and management processes, as well as our supply chain, meet the high ecological, social and current legal regulations. We will continue on our path of sustainability with the aim of using human, natural and financial resources in the best way possible in the sense of sustainable development – stated Christophe Clemente.
The main foundations of the Xella ESG strategy are a further reduction of CO2 emissions in all segments (30% reduction of the intensity of product CO2 emissions by 2030), the development of a circular industry and a greater use of recycled materials and the recycling of production waste (zero waste by 2024 for AAC remains).
Xella aims to ensure safe and inclusive work conditions and the possibility of their employees’ development. The company intends to increase the share of women managers to 25% on the group level by 2025.
In December 2021, Sustainalytics estimated the ESG rating of Xella Group at 19.8 and thereby put it among the companies with “a low risk” of the financial impact of the ESG factors. The Xella ESG rating puts Xella in the 4th spot on the list of 127 companies in the “Construction Materials” category.
For more information about the sustainability strategy and goals of the group, visit www.sustainability.xella.com.
The report can be viewed at the following link: SUSTAINABILITY REPORT 2021.
Companies:
Xella Srbija d.o.o. Vreoci
Tags:
Xella Group
Christophe Clemente
URSA
financial growth
construction system for all types of facilities
zero C02 emission
circular industry
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