15 May 2019
The 2017 strategy, Skamol Way Forward, has for the second year successively shown its success. In 2018, Skamol continued the growth in turnover with 13 %, where of 11 % is organic growth.
The 2017 strategy, Skamol Way Forward, has for the second year successively shown its success. In 2018, Skamol continued the growth in turnover with 13 %, where of 11 % is organic growth. In 2017, the growth in turnover was 8%. The growth in 2018 was created, while significant investments in Skamol were made. The investments include acquisition, plant expansions, and organizational restructuring. Skamol’s focus is to create a global organization by facilitating regions within the two business areas; Building and Industry. The future growth is supported by continuous product, technology, and capacity development.
The result of the growth strategy can be seen in the annual report 2018. Here Skamol’s turnover has increased with 13% to 385m Danish Kroner. EBITDA constituted 77m Danish Kroner.
In 2018 there has been invested in all existing plants along with an implementation of a new plant in Poland, Skamol Opole.
The initiating phase of Skamol Opole was delayed by around 6 months due to a longer period of commissioning of new production technology. The delay caused the relatively smaller revenue compared to 2017. Skamol Opole is now running as planned – the production capacity is expected to be doubled by end 2019 facilitated by further investments in a new production line.
Annual Report 2018: Strategy ensures another year with record high turnover in Skamol