Marking a first in its history, global building material manufacturer and pioneer Etex has just released its 2020 Sustainability Report. Published digitally, the report zooms in on how Etex’s sustainability initiatives and actions progressed throughout the past year.

Like-for-like, our top-line increased with 27%, while our REBITDA reached a 60% increase and our net recurring profit (Group share) more than doubled last year’s result. Reporting our results not only year-on-year, but also compared with H1 2019, allows readers to analyse the performance in the light of the last “normal” year we have experienced.

Committed to its strategy to become a global leader in offsite construction, Etex announces the acquisition of Sigmat, a UK market leader in light gauge steel framing (LGSF). This new acquisition complements the purchases of Irish design and engineering consultancy firm Evolusion Innovation and Irish LGSF player Horizon Offsite. These acquisitions, together with Etex’s existing businesses in the UK, put us in a strong position to benefit from the growing market for offsite construction in the UK and Ireland.

Delivering further on its strategy to lead in offsite construction methods worldwide, building solutions innovator Etex announces the acquisition of Horizon Offsite, headquartered in Ireland. This acquisition follows closely on the group’s purchase of Irish technical consultancy company Evolusion Innovation, and boosts Etex’s ability to deliver offsite building solutions in Ireland and the UK, helping the company’s European modular ambitions.

Etex, the international building material manufacturer, has rolled out a well-being challenge across its offices in 42 countries around the world. As diversity and inclusion are important to Etex, the company teamed up with Oopla to ensure all its 11,000 employees, of all abilities, could participate to the full. The global challenge started in April and continues until July, over 3,000 employees have entered the competition and strive not only to increase their personal physical and mental well-being in a sustainable way, but also to lead their country to victory and support a local charity. This global initiative, unique in the building industry, kicks off Etex’s long-term commitment to ensure their employees’ well-being in a post-Covid world.

On 1 January 2022, a new executive leader will be taking the helm of Etex. Paul Van Oyen will reach the end of his current seven-year mandate as CEO of the company at the end of this year after a dynamic and successful career of 31 years in the global building materials company, seven of which as Chief Executive Officer. Bernard Delvaux, former Chief Executive Officer of Sonaca Group, will succeed him following a transition period starting in September this year.