Xella achieved solid results in 2022

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.”

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