For the fiscal year 2022, Deceuninck Group recorded its third consecutive year of record earnings before interest, taxes, depreciation, and amortization (EBITDA), maintaining a profitable growth trajectory across all of its regions, including Deceuninck North America. The North American arm of the organization generated $236 million in sales, up from $219 million in 2021, and adjusted EBITDA of $21.4 million.
The Deceuninck Group recorded strong sales in all regions totaling $1.03 billion and adjusted EBITDA at $107.4 million, which represents a 5 percent increase year over year.
The company's investments
Deceuninck North America has made significant investments over the last three years to support this growth, which included adding 30 percent 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 across the organization.
What the CEO says
“The investments we have made in operations, human resources, capacity, and sustainability represent our commitment to next-level growth,” says Joren Knockaert, CEO, Deceuninck North America. “Globally and here in North America, our goal is to secure our position 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.”
Deceuninck’s global sustainability mission saw momentum in 2022. The Deceuninck Group set targets to decrease greenhouse gas emissions over the next three decades in accordance with the Science Based Targets initiative. The near-term goal is for all Deceuninck locations to reduce their CO2 emissions by 60 percent by 2030. The ultimate objective is to be operating at net-zero by 2050.
