Higher margins through optimisation in the construction supply sector
Arbonia recorded revenue growth of 10.2 per cent to CHF 556.3 million in the 2024 financial year. EBITDA with special effects increased to CHF 66.3 million.
According to a press release, Arbonia, the Arbon-based building supplier, increased its turnover by 10.2 per cent to 556.3 million Swiss francs in the 2024 financial year despite a difficult situation, particularly in the German market. This includes the acquisitions of Dimoldura in Spain and Rozière in France as well as the Czech company Lignis. However, excluding currency and acquisition effects, a decline of minus 5.4 per cent was recorded, the report continues. This nevertheless represents an improvement on the previous year (minus 8.2 per cent).
The decline was mainly due to a continued fall in volumes as a result of the ongoing decline in new residential construction activity combined with rising average labour costs and negative exchange rate effects.
According to the press release accompanying the annual report, construction activity in Arbonia’s largest European markets did not yet recover noticeably in 2024. Instead, the second half of the year was weaker than expected in Germany, an important market for Arbonia: declining building permits and high financing costs are cited as problems here.
EBITDA including special effects increased by 107.8 per cent to CHF 66.3 million in the financial year. This corresponds to an increase in the EBITDA margin from 6.3 to 11.9 per cent, according to the press release. This includes a profit of around 29 million Swiss francs from the sale of the Zelgstrasse site in Arbon. EBITDA excluding special effects increased by 22.1 per cent to 41.7 million Swiss francs. This corresponds to an increase in the EBITDA margin from 6.8 per cent to 7.5 per cent.