DECEUNINCK
Window profile producer returns to profit for first time since 2019
Belgian window profile manufacturer Deceuninck (Hooglede-Gits; www.deceuninck.com) has posted both a significant increase in sales in the first half of 2021 and substantial earnings due to high demand and increased prices.

Adjusted EBITDA hit EUR 51m on previously announced sales of EUR 404m (see Plasteurope.com of 27.07.2021). The result was more than 80% percent above earnings for the first half of 2020 and over 60% higher than in the same period of 2019. For the first time after the initial six months of 2019, Deceuninck exited the red by generating a net profit of EUR 20.6m.

CEO Francis van Eeckhout said he expects this positive development to continue: “The business environment is forecast to remain unchanged in the second half of 2021, so main market-driving factors such as supply bottlenecks and high raw material costs will remain.” Due to the situation, he did not rule out further price increases.
30.08.2021 Plasteurope.com [248436-0]
Published on 30.08.2021
Deceuninck: Fensterprofilhersteller wieder in schwarzen ZahlenGerman version of this article...

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