Investor Relations

Providing relevant information about our business is paramount to building trust-based relationships with our stakeholders. That is why we attach so much importance to transparent communication about our performance and outlook.


Full-Year Results 2023

“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. 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."

Watch Etex’s CEO Bernard Delvaux short video on the full-year results.

For another year in a row, Etex recorded an outstanding financial performance in 2023, with a revenue increase of 2.5% at EUR 3.808 billion, and a REBITDA improvement by 10.4% to EUR 712 million, its highest value ever. The net profit (Group share) also increased to EUR 267 million, a 26.8% improvement compared to 2022. The net recurring profit (Group share) improved, at EUR 278 million, +1.1% year-on-year.

Revenue 2023_EN.png


(in EUR million)


REBITDA 2023.png

Recurring operating

cash flow (REBITDA)

(in EUR million)


Net recurring profit 2023.png

Net recurring profit
(Group share)

(in EUR million)


Etex continued to advance on its strategic position as a world leader in lightweight construction through several key acquisitions within its core expertise.

Sustainability and Innovation

Etex’s achievements in 2023 related to its “Sustainability and Innovation” business driver demonstrate that the company is making significant progress towards its 2030 sustainability ambitions. Highlights include:


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