Deceuninck Group Reports Third Consecutive Year of Record EBITDAApril 3rd, 2023 by Editor
Deceuninck Group recently reported that in fiscal year 2022, it recorded a third consecutive year of record EBITDA, maintaining a profitable growth trajectory across all regions, including Deceuninck North America. The company reports that its North American arm generated $236M in sales, up from $219M in 2021, and adjusted EBITDA of $21.4M.
Sales across all regions totaled $1.03B and adjusted EBITDA reached $107.4M, representing a 5% increase year over year.
The company reports that Deceuninck North America, particularly, made significant investments over the last three years, including adding 30% manufacturing capacity, as well as bolstering its production staff. To do so, it tripled the size of its human resources team to strengthen recruitment, training and retention efforts.
“The investments we have made in operations, human resources, capacity and sustainability represent our commitment to next-level growth,” said Joren Knockaert, CEO of Deceuninck North America. “Globally and here in North America, our goal is to secure our position as the leader in PVC window and door extrusions and other sustainable building solutions for our customers, all while making contributions to a greener environment. We are taking the necessary steps to achieve this now and in the future.”