SPAIN - Cosentino Group, a global leader in the production and distribution of innovative surfaces for architecture and design, has strengthened its business model in 2020 thanks to its commitment to sustainable innovation, human capital, its international presence, and the digital transformation of the organization.

Thanks to these factors, the multinational company reached a turnover of EUR 1.07 billion (EUR 1.11 billion in 2019).

On the other hand, the year-end EBITDA stood at EUR 214 million, including changes in IFRS 16 regulations. Excluding these adjustments, the resulting EBITDA would be EUR 176 million.

In both cases a record figure in the history of the company. The Group’s Net Profit achieved last year was EUR 65.3 million.

Despite the global crisis caused by COVID-19, Cosentino has invested in product R&D and in industrial and environmental management, all of which are characterized by a high degree of sustainability and a long-term vision.

In 2020, the company’s overall investment was close to EUR 120 million.

On the industrial side, Silestone® production capacity has increased by almost 30%, production plants have been automated and digitized, and new developments in R&D have led to important innovations like the pioneering of HybriQ+ technology.

The production and environmental efficiency of the Dekton® plant has also been increased, resulting in its classification as a Carbon Neutral Product last year, and the brand’s biggest color launch to date.