//img.uscri.be/pth/f449628ecc1c22b7bd2e66ff8b0203018c3e590e
La lecture en ligne est gratuite
Le téléchargement nécessite un accès à la bibliothèque YouScribe
Tout savoir sur nos offres
Télécharger Lire

Roca Group 2011 Results

2 pages

Roca Group 2011 Results PR Newswire BARCELONA, June 21, 2012 BARCELONA, June 21, 2012 /PRNewswire/ -- The Roca Group has met its growth and profitability targets thanks to significant management efforts in emerging economy markets.

Publié par :
Ajouté le : 26 juin 2012
Lecture(s) : 9
Signaler un abus
Roca Group 2011 Results
PR Newswire
BARCELONA, June 21, 2012
BARCELONA
,
June 21, 2012
/PRNewswire/ --
The Roca Group has met its growth and profitability targets thanks to significant
management efforts in emerging economy markets.
This has been the only
way to offset the slump in the Iberian market (Spain and Portugal) and the
sluggishness of Central European countries, both of which have historically
been high-volume and high-margin regions for the Group.
Most significant data: increase in sales and profit
In 2011, Roca Group
net sales
reached
1,551 million euros
, up 3.5% from 2010.
EBITDA
reached
214 million euros
and stands at 13.8% of total turnover.
Consolidated net profit
for 2011 was
20 million euros
, improving on the
19 million
euros
in profit posted in 2010.
Growth by markets:
Brazil
, the Group's new top market
The increase in sales has been particularly driven by growth in
BRIC countries
(
Brazil
,
Russia
,
India
and
China
), which already account for 40% of the Group's
turnover.
Brazil
has become the Group's top market in terms of turnover, surpassing
Spain
for
the first time, where economic decline and a stagnant construction sector have triggered
further drops in sales (-14.5% from 2010).
Acquired in 2011 and specialising in manufacturing bathroom furniture, Russian group
Akvaton contributed notably to group turnover. Also worth highlighting is the strong
business performance in
Argentina
and European markets such as
Germany
, the UK,
Austria
and Scandinavian countries.
Efforts to expand and diversify the offer
The Group's main investments in 2011 reflect its desire to consolidate its leadership
position in key emerging economies by expanding market share. In addition to the
acquisition of Akvaton Group (
Russia
), production capacity expansion projects have
been launched at various plants in
Russia
,
Brazil
and
India
.
The Group has also made substantial efforts in expanding and diversifying its product
range, through the optimization of its production and logistics capacity as well as by
applying a new brand portfolio management model.
Today, the Roca Group portfolio boasts 32 trademarks, including global brands (Roca
and Laufen) and regional, specialist products.
"Although our international expansion policy is still in force, in 2011 we have
slowed down our efforts to focus more on consolidating our worldwide
capabilities, with the aim of establishing a true global operator structure.
Fortunately, our presence in key emerging economies is strong and we have
the largest commercial offering in the industry.
By properly managing our
position as market leaders, we should be able to maintain our current growth
path," says Ramón Asensio, CEO of the Group.
About Roca Group
Roca Group is dedicated to the design, production and marketing of bathroom
space products and ceramic tile for architecture, construction and interior
design.
The company employs 21,100 workers, has 72 production sites in 18 countries
and operates in over 135 countries across five continents.
The 100% Spanish-owned Group is the market leader in
Europe
,
Latin America
,
India
and
Russia
. It also has a strong presence in
China
and the rest of
Asia
, the
Middle East
,
Australia
and
Africa
. This makes us world leaders in our business.
Contact: Victor Schoone, +971(0)50-4659324, victor.schoone@roca.net