Thanks to the improvement of its operational efficiencies, and the successful integration of Turkish company, Pimapen, Deceuninck has recorded growth in all regions, with the exception of Russia.
Consolidated group sales for the year increased by 16.6%, reaching €644.5 million, whilst the company’s operational efficiencies encouraged gross margin to increase to 28.2%.
Capital expenditures also rocketed to €38.7 million, surpassing Deceuninck’s 2014 record of €31.3 million.
The company achieved strong organic volume growth in North America, Western Europe and Turkey. EBITDA margin also benefited from further manufacturing efficiencies and stringent cost control.
By helping its customers to develop, Deceuninck hopes to experience stronger growth in 2016. It will also be launching several new products and developing its existing initiatives to promote expansion.
Deceuninck has commended its CEO, Tom Debusschere, for working to improve the company’s financial position throughout his seven year career. He created the growth strategy, which will continue to be implemented following his recent resignation.
Francis Van Eeckhout, Vice Chairman of the Board, will act as interim CEO until Mr. Debusschere’s replacement is recruited.
FENSA has announced it has appointed CMDi – built environment brand specialists, to explore the ‘grey’ market.Posted in Articles, Building Associations & Institutes, Building Industry News, Building Regulations & Accreditations, Glass, Glazing, Posts
A local education authority in Scotland is optimising best value in a major capital building programme, even through to pupil intimate care, courtesy of Closomat.Posted in Accessibility, Articles, Bathrooms, Bedrooms & Washrooms, Building Industry News, Case Studies, Interiors, Posts, Retrofit & Renovation
The number of visitors attending The Homebuilding & Renovating Shows who are working on a live project is increasing year on year, according to new research.Posted in Articles, Building Industry Events, Building Industry News, Building Products & Structures, Exhibitions and Conferences, Posts
Senior Architectural Systems has donated a range of aluminium glazing systems for two new community buildings, created as part of the BBC’s DIY SOS Grenfell Special programme.Posted in Aluminium Products, Articles, Building Industry News, Building Products & Structures, Building Systems, Case Studies, Curtain Walling, Doors, Glazing, news, Posts, Walls, Windows