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Etex resists to a challenging market context and delivers strong and improving 2023 results, preparing for further growth
2024/3/7
Etex resists to a challenging market context and delivers strong and improving 2023 results, preparing for further growth
Even more so than 2022, 2023 was a challenging year marked by volatility, uncertainty, and severe drops in demand across the world as we observed the continued impacts of increased energy prices and interest rates. Combined with tougher financing possibilities by banks, all these circumstances meant that both renovation and new construction levels dropped globally. Devaluation of some foreign currencies and hyperinflation accounting also had significant effects on our results. Despite all these challenges, I am extremely proud to share that Etex navigated these difficult waters very well and delivered yet again another record year. This includes our highest ever revenue and REBITDA, among others.
Etex completes the acquisition of BGC’s plasterboard and fibre cement businesses to expand its sustainable offering in Australia and New Zealand
2024/3/1
Etex completes the acquisition of BGC’s plasterboard and fibre cement businesses to expand its sustainable offering in Australia and New Zealand
Etex, the Belgium-based global building materials manufacturer and pioneer in lightweight construction, has closed the acquisition of Australian construction materials company BGC’s plasterboard and fibre cement businesses. Through this deal, Etex expands its sustainable activities in the attractive Australian and New Zealand markets, with significant growth opportunities.
Etex complements its architectural design capabilities with the acquisition of fibre cement innovator SCALAMID
2023/12/21
Etex complements its architectural design capabilities with the acquisition of fibre cement innovator SCALAMID
Etex, the global building material manufacturer and pioneer in lightweight construction, has taken a significant step to further enhance architectural design with the acquisition of SCALAMID, a manufacturer of fibre cement panels featuring cutting-edge digital printing and coating technology. This strategic move offers new possibilities for customers’ design and reinforces Etex's commitment to advancing innovation in the lightweight construction industry.
Etex reinforces its position in Australia by acquiring BGC’s plasterboard and fibre cement businesses
2023/10/12
Etex reinforces its position in Australia by acquiring BGC’s plasterboard and fibre cement businesses
Etex, the Belgium-based global building materials manufacturer and pioneer in lightweight construction, has signed an agreement with the Australian construction materials company BGC to acquire its plasterboard and fibre cement businesses. With this deal, Etex expands its activities in the attractive Australian market, with significant growth opportunities. The acquisition is subject to customary closing conditions, with finalisation expected in early 2024.
Etex continues on growth path despite volatile environment  Etex 2023 Half-Year Results
2023/9/4
Etex continues on growth path despite volatile environment Etex 2023 Half-Year Results
In the first half of 2023, Etex coped with an overall slowdown of the construction sector – both in new build and renovation – triggered by several elements leading to high volatility and uncertainty such as inflation that puts pressure on consumers’ buying power, higher interest rates and more restricted loan policies by banks. However, Etex managed to record improved sales compared to the first half of 2022 through swift adaptations to challenging market contexts and cost-to-price monitoring. While our volumes are slightly impacted, margins remain strong.
Etex completes the acquisition of speciality insulation expert Skamol and broadens its sustainable offering
2023/5/9
Etex completes the acquisition of speciality insulation expert Skamol and broadens its sustainable offering
Today marks an important milestone for Etex, the lightweight construction pioneer. The company closed the acquisition of Skamol, a manufacturer of fire protection and specialty insulation materials. This new acquisition further consolidates Etex’s portfolio of sustainable solutions in a market that is strongly supported by the need for energy efficient insulation products and solutions. Skamol and Etex - through its passive fire protection and high-performance insulation business - are complimentary in terms of products and geographies, allowing the combined organisations to broaden their offering in high-temperature insulation for building and industrial applications.
Annual and Extraordinary Shareholders’ Meetings 24 May 2023
2023/5/3
Annual and Extraordinary Shareholders’ Meetings 24 May 2023
The Annual and Extraordinary Shareholders’ meetings of Etex NV will be held on Wednesday 24 May 2023 at 15:00 CEST at the registered office of the Company, PassPort Building, Luchthaven Brussel Nationaal, Gebouw 1K, 1930 Zaventem or at such other place indicated at that place at that time.
Etex’s sustainable answers to urgent challenges in 2022
2023/4/6
Etex’s sustainable answers to urgent challenges in 2022
Etex Annual Report 2022 – First-ever combined report Etex, the global building material manufacturer and pioneer in lightweight construction, released its first-ever combined annual report. In this report, the company presents on an equal footing its economic, social and environmental footprint and performance. The document highlights how Etex brought sustainable answers to the urgent challenges of 2022. Sustainability milestones include a decrease of almost 20% of absolute CO₂ emissions (scopes 1 and 2) and 26.5% less waste sent to landfill in the past five years.
Refined strategy for the New Ways division
2023/3/27
Refined strategy for the New Ways division
Global megatrends such as resources scarcity, ageing cities or technological evolutions are creating large opportunities for innovative building materials companies like Etex. In 2020, the company launched the New Ways division, focused on offsite lightweight and modular building solutions, to contribute to these challenges. Etex allocated a revenue stream to explore various options, resulting in the acquisition or participation in joint ventures of 9 companies.
Etex strengthens its sustainable offering by acquiring high temperature insulation expert Skamol
2023/3/23
Etex strengthens its sustainable offering by acquiring high temperature insulation expert Skamol
Etex, the lightweight construction pioneer, is acquiring Skamol, a manufacturer of high temperature insulation materials. This acquisition further consolidates Etex’s portfolio of sustainable solutions in a market that is strongly supported by the need for energy efficient insulation products and solutions. Skamol and Etex - through its passive fire protection and high-performance insulation business - are complimentary in terms of products and geographies, allowing the combined organisations to broaden their offering in high-temperature insulation for building and industrial applications. This acquisition is subject to customary closing conditions.