Xella with significant growth in financial year 2021

Sales increased to €1,698 million in 2021; a 12.7 percent increase compared to 2020

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.

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