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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.

For the fifth year in a row, Etex achieved new record performance across the board, including in revenue, REBITDA and net recurring profit while setting another major milestone with its Road to Sustainability 2030 commitments

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 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.

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.

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.