Cosentino Achieves a Consolidated Turnover of 1.5 Billion Dollars and Will Invest More Than 470 Million Dollars During 2025-2027

• The EBITDA is 259 million dollars, while Net Profit reached 71 million dollars. 

• The company will invest more than 470 million dollars over the next three years to increase its production capacity and capillarity in commercial assets.

Cosentino's Headquarters in Almeria, Spain

Cosentino Group, global leader in the production and distribution of sustainable surfaces for architecture and design, closed 2024 with a turnover of $1.5 billion (-6.7% compared to 2023). The EBITDA amounted to $259 million (-14% compared to the previous year), and net income reached $71 million.

These results reflect the company's financial figures while market conditions continue to normalize following the exceptional post-pandemic increase experienced in the sector, especially in 2022. The slight contraction in turnover has also been influenced by the uncertainty and volatility of the global scenario in 2024, marked by an inflationary environment accompanied by geopolitical tensions and trade fragmentation, among other macroeconomic factors.

In terms of geographics, the company's sales continue to come mostly from international markets, reaching 92%, with main markets being North America (the United States and Canada), which accounted for 56% of the turnover in 2024, followed by Europe (including Iberia), with 33%. The increase in the Middle East & Asia region is notable, with sales increasing by more than 30% last year. Regarding the group's product brands, the evolution of Dekton® stands out for another year, with sales growth of 13% compared to 2024, already reaching a weight within the company's portfolio of 34% thanks to greater penetration in the bathroom and facade sectors.

In this context of economic figures normalization, which is positive in relation to a global sector where there have been significant decreases last year, the company maintained its investment commitment with 94 million dollars executed in 2024. In relation to the main corporate areas, the company once again made relevant investments in environmental, health and safety assets, which amounted to 30 million dollars, while the investment in R&D&I assets and projects was 17 million dollars.

Also noteworthy within the company’s manufacturing scope is the evolution of Cosentino's Hybriq+® technology, which allowed the company to reach 100% of Silestone® production with a content below 40% silica in 2024. The Silestone®XM line also launched, featuring a greater presence of recycled raw material, and between 0 and 10% silica in its composition.

Investment Plan 2025-2027

A look inside Cosentino's Dekton® factory

The company is immersed in its three-year investment plan for the period 2025-2027, in which it foresees investing more than $470 million. This plan will focus primarily on expanding the production capacity and efficiency of its industrial facilities, as well as opening new commercial assets globally.

In the first area, the commencement of the fourth Dekton® production line this year stands out, which will place the company at the forefront of its industry in manufacturing capacity for this product category. This new production line will be accompanied by the expansion of the Automated Logistic Platform located in the Cosentino Industrial Park in Cantoria (Almería), with a combined investment of nearly $130 million for both projects.

Cosentino will also continue with its manufacturing infrastructure project in the US, located in Jacksonville, Florida. With a total estimated investment of more than $250 million over the next five years, the engineering and land development projects will begin later this year. The site was acquired in early 2025.

Beyond this investment plan and in the longer term, it's also worth mentioning the Circular Technology Quarry (CTQuarry) project, which the company announced at the end of last year. With a total planned investment of €90 million, CTQuarry's main objective is the future construction of a pioneering industrial-scale plant to produce innovative raw materials for the EU construction, glass, and ceramics sectors. CTQuarry was selected as one of 77 projects receiving support from the European Union's Innovation Fund.

For its part, the company will also strengthen its commitment to geographic commercial diversification during this three-year period through its assets, such as "Cosentino Cities" with new openings in the coming years. In 2025, the openings of new locations are planned for Gothenburg (Sweden), Manchester (UK), Monterrey (Mexico), and Dallas and Richmond (USA), among others.

Likewise, Cosentino will launch a new commercial asset model this year called "Cosentino Studio". Complementing the "Cosentino City" model, this asset format, with initial locations set to be in Spain and the US, will combine the functions of a product showroom and workspace for the sales network and value chain clients, providing greater capillarity and proximity with personalized and efficient services.

Finally, as part of the company’s responsibility towards the social and economic development and responsible taxation, in 2024 Cosentino maintained an effective global contribution through the payment of 39 million euros of its own taxes (mainly corporate income tax, customs duties and other taxes), and collected 318 million euros of taxes from third parties (mainly VAT and withholdings) generated by the development of its economic activity.

New "Cosentino Studio"