Global Insulation
Precision is no coincidence! More than 40 years - precise measured values - Fagus GreCon
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
News Etex increases sales and earnings in 2022

Etex increases sales and earnings in 2022

Written by Global Insulation staff
17 March 2023
  • Print
  • Email

Belgium: Etex's sales were Euro3.74bn in 2022, up by 25% year-on-year from 2021 levels. The group's insulation sales were Euro312m, 8.3% of the group total for the year. Its recurring earnings before interest, taxation, depreciation and amortisation (REBITDA) totalled Euro645m, up by 13%. During 2022, Etex reduced its absolute CO2 emissions by 20% compared with 2018 levels.

Regarding insulation sales, the producer said "The early months of 2022 saw very strong volumes, followed by modest drops. Insulation’s results were impacted by issues surrounding inflation, gas, power and raw materials but the energy savings aspect of insulation made glass wool and extruded polystyrene (XPS) insulation even more attractive than previous years.

Etex expanded its insulation business during the year through its acquisition of Spain-based URSA.

Last modified on 17 March 2023
Published in Global Insulation News
Tagged under
  • Belgium
  • Etex
  • Results
  • volumes
  • markets
  • Ursa
  • costs
  • gas
  • raw materials
  • inflation

Related items

  • Kingspan increases full-year sales in 2022
  • Hempitecture inaugurates Jerome County hemp-based insulation plant
  • Price rises drive Rockwool’s sales and earnings in 2022
  • Recticel’s Simfocor product receives Solar Impulse label for sustainability
  • SIG’s revenues grow in 2022 despite softer second half
Global Gypsum Monthly Sign up
Global Insulation LinkedIn
Global Insulation Twitter
Acquisition appointment Belgium China CO2 coronavirus Denmark France Germany Glass Wool government Insulation Ireland Johns Manville Kingspan Knauf Knauf Insulation Mineral Wool Owens Corning Plant Polyurethane Product Results Rockwool Russia SaintGobain Sustainability UK Upgrade US
« March 2023 »
Mon Tue Wed Thu Fri Sat Sun
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
  • Home
  • News
  • Conferences
  • Directory
  • Magazine
  • Links
  • Knowledge Base
  • Live
  • Awards
  • My details
  • Advertise
  • About
  • Privacy & Cookie Policy
  • Contact
  • Magazine >>
  • Introduction
  • Back issues
  • Articles
  • Conferences >>
  • Global Ash
  • Global CemBoards
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global Concrete
  • Global ConChems
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Websites >>
  • Global Cement
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Pro Global Media
  • PRoIDS Online

© 2023 Pro Global Media Ltd. All rights reserved