{"id":1575,"date":"2020-04-26T05:52:17","date_gmt":"2020-04-26T02:22:17","guid":{"rendered":"http:\/\/samim-derakhshan.com\/english\/etex-boosts-net-profit-by-26-year-on-year-in-2019\/"},"modified":"2020-04-26T05:52:17","modified_gmt":"2020-04-26T02:22:17","slug":"etex-boosts-net-profit-by-26-year-on-year-in-2019","status":"publish","type":"post","link":"https:\/\/samim-derakhshan.com\/english\/etex-boosts-net-profit-by-26-year-on-year-in-2019\/","title":{"rendered":"Etex boosts net profit by 26% year-on-year in 2019"},"content":{"rendered":"
\"Etex<\/div>\n
\n

Belgium:<\/strong> Etex\u2019s net profit was Euro176m in 2019, a rise of 26% year-on-year from Euro140m in 2019. Sales crept up by 1.5% to Euro2.94bn from Euro2.90bn. Etex chief executive officer (CEO) Paul Van Oyen called 2019 an \u2018outstanding year\u2019 in which Etex \u2018significantly increased its plasterboard volumes, driven by a strong market in several countries\u2019 and reduced its debt by 43% to Euro331m, its lowest level since 2011. This was thanks to the sale of its UK and Portuguese tile roofing businesses.<\/p>\n

Van Oyen\u2019s announcement was overshadowed by the current circumstances surrounding the COVID-19 outbreak. \u201cToday, my thoughts mainly go to all of our colleagues and their families worldwide, especially the ones who have been infected with the coronavirus,\u201d he said. \u201cEtex will not change its identity as a result of this crisis: our priority is and will always be the health and safety of our colleagues and stakeholders worldwide. We are determined keeping our business running, and to continue to Inspire ways of living.\u201d Van Oyen also paid his respects to those within the company who have died of coronavirus.<\/p>\n<\/div>\n

\"Etex<\/div>\n
\n

Belgium:<\/strong> Etex\u2019s net profit was Euro176m in 2019, a rise of 26% year-on-year from Euro140m in 2019. Sales crept up by 1.5% to Euro2.94bn from Euro2.90bn. Etex chief executive officer (CEO) Paul Van Oyen called 2019 an \u2018outstanding year\u2019 in which Etex \u2018significantly increased its plasterboard volumes, driven by a strong market in several countries\u2019 and reduced its debt by 43% to Euro331m, its lowest level since 2011. This was thanks to the sale of its UK and Portuguese tile roofing businesses.<\/p>\n

Van Oyen\u2019s announcement was overshadowed by the current circumstances surrounding the COVID-19 outbreak. \u201cToday, my thoughts mainly go to all of our colleagues and their families worldwide, especially the ones who have been infected with the coronavirus,\u201d he said. \u201cEtex will not change its identity as a result of this crisis: our priority is and will always be the health and safety of our colleagues and stakeholders worldwide. We are determined keeping our business running, and to continue to Inspire ways of living.\u201d Van Oyen also paid his respects to those within the company who have died of coronavirus.<\/p>\n<\/div>\n

Source from..<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Belgium: Etex\u2019s net profit was Euro176m in 2019, a rise of 26% year-on-year from Euro140m in 2019. Sales crept up by 1.5% to Euro2.94bn from Euro2.90bn. 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