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Cosentino Group reaches $1.47 billion CAD turnover in 2018, with a record EBITDA of $214 million CAD


In 2018, Cosentino Group maintained its leadership position in the global market and has continued the expansion of its sustainable business model in international markets, the diversification of its products and distribution channels, as well as the creation of jobs and its inherent emphasis on innovation and the circular economy.


2018 Financial Year Key Figures

Cosentino Group has increased its profitability, growing its EBITDA at a faster rate than sales. The volume of business at the end of the financial year was $1.47 billion CAD, which represents an increase of 9.3% compared to the previous year. Growth in comparable terms (by standardising the exchange rate of the 2017 financial year) would increase to 13%.

Operations-wise, the EBITDA of the Group has, in turn, increased by 11% with respect to 2017, achieving a record figure of $214 million CAD in 2018. This result was also significantly influenced by the exchange rate. Therefore, by standardising the exchange rate with respect to 2017, comparable growth is 21%. Ultimately, the Group’s Net Profits climbed to $75.5 million CAD.


Job Creation

This past year has also seen marked job creation – The number of Group employees at the end of 2018 exceeded 4,300 people worldwide (4,314 employees), a staff composed of professionals representing up to 75 different nationalities. Last year aloneCosentino created nearly 400 new direct jobs (397). If the last three years are accounted for, this figure exceeds the creation of more than a thousand new jobs.

In addition to the volume and pace of new job generation, it is also worth noting that during 2018 the commitment to stable, quality employment was also consolidated. In 2018, the percentage of jobs with permanent contracts within the Group rose to 91.16%. Another important ratio the Group wished to increase, was that of the percentage of women in management positions, which has gone from 14.45% in 2017 to 18.07%.


Production and Commercial Investments

The Group’s investments in the 2018 tax year exceeded $131 million CAD ($131.8 million CAD), maintaining the roadmap established in the Company’s 2016-2020 Investment Plan.

Of this Plan, 73% is earmarked for investments in Almería (Spain) and is focused mainly on improving and increasing production capacity, as well as in the industrialisation of the novel automation and robotization systems developed the previous year. Linked to the company’s environmental policy, the construction and launch of its own waste management plant last July is of special note – a pioneering initiative that confirms the commitment of Cosentino to closed loop recycling as a fundamental axis of its business activity.

In sales and distribution, the Group continues its process of international expansion based on its own facilities. In 2018, the corporation opened new “Cosentino Centres” in the United States, Italy, United Kingdom, France, Sweden and Poland. In addition, with the opening of the “City” in Miami, Cosentino increased the number of this exclusive model of showroom located in global city centres to 11. The company closed 2018 with 136 commercial and/or own distribution facilities (117 “Centres”, 11 “City”, 3 Hubs and 5 Logistics Operators) distributed in more than 30 different countriesand distributing its products in 116 countries on five continents. Thanks to the launch of these facilities, and the addition of its processing and transformation facilities in the United States, the Group now has a total of 148 business units spread throughout the world.



  • The volume of business at the close of the financial year was $1.47 billion CAD, representing 9.3% growth compared to 2017.
  • The Group’s EBITDA has grown 11% compared to last year, reaching a record figure of $214 million CAD.
  • The company created nearly 400 new direct jobs in 2018, surpassing the total figure of 4,300 employees around the world. The staff is made up of professionals representing up to 75 different nationalities.
  • Investments surpassed $131 million CAD. Of special note is the implementation of the company’s own Waste Management Plant and the opening of new facilities in the United States, Italy, United Kingdom, France, Sweden and Poland.


This Year’s Commitment

For 2019, Cosentino maintains its sustainable growth and job creation objectives. To do so, it will undertake the new investments foreseen in its Plan, with a special focus on the digital transformation project, occupational health and safety, automation and robotization of manufacturing processes, as well as continuing with its commitment to innovation and the development of new products, and the opening of new business infrastructures around the globe.

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