2020 milestones and figures
Our People
4740 employees in 2020 from more than 70 nationalities.
→ Employment: 92.87% of our employees have permanent contracts.
→ Occupational Health and Safety: We maintained the total accident rate at 3.75 and the lost-time accident rate at 1.65 (3.70 and 1.60, respectively, in 2018).
→ Automation and digitalisation of processes to enhance employee safety.
→ Constant communication between the company and its employees
→ New development and training programmes on topics with a ‘European Mindset’ (digitalisation, environment, sustainability, etc.):
• Agile Training.
• Ingenia 2020 Programme.
Environmental Sustainability
→ HybriQ® and HybriQ+®: Efficient and rational use of resources and environmental product innovation.
→ Decarbonisation strategy: Verified calculation of the organisation’s Carbon Footprint and Carbon Neutral Dekton® declaration.
→ 45% waste recovery rate.
→ Global environmental investments of 15 million euros and 10 million euros in environmental expenditure and monitoring.
→ Strategic alliances: EOCENE project.
→ 2nd Sustainable Mobility Plan.
Internationalisation
→ We distributed our products to 119 countries.
→ 119 Cosentino® Centres.
→ 15 Cosentino® Cities.
→ 4 logistics hubs, three in the USA and one in Australia.
→ 5 logistics operators.
COVID-19 Actions
→ Coronavirus crisis committee + follow up plan.
→ Special end-of-year bonus amounting to more than 4 million euros for all staff.
→ 3 key priorities in 2020:
• Employee safety and integrity.
• Corporate sustainability.
• Cooperation with health authorities.
→ Donation of medical equipment.
Community
→ We donated over 1.1 million euros to social initiatives.
→ We consolidated our commitment to the education of young people through the Eduarda Justo Foundation and the Dual Vocational programme.
→ We continue to support art and culture as sponsors of the Ibáñez Cosentino® Art Foundation.
Investment and innovation
→ Investment in R&D&I in 2020: 19.8 million euros.
→ Launch of HybriQ® and HybriQ+® technology.
→ Increase in Silestone® production capacity.
Economic Performance in 2020
Net business
turnover
1.077.925.401 €
2019:
1.109.884.277 €
EBITDA
214.193.589 €
2019:
192.904.458 €
Total Assets /
Liabilities
+ Net Equity
1.357.601.048 €
2019:
1.307.493.472 €
Net financial
debt
202.688.753 €
2019:
258.251.755 €
Investments over
the Financial Year
117.596.613 €
2019:
125.119.003 €
Net Equity
385.678.486 €
2019:
396.675.147 €
Net profit
65.271.099 €
2019:
69.847.352 €
Business evolution and results
Over 2020, we have consolidated and strengthened our position as a global market leader. Our constant investment in new production processes, internationalisation, product differentiation, vision of the future and financial strength have enabled us to stay ahead of our competitors.
During this financial year we have based our activity on:
Cosentino’s financial strength has allowed us to continue with our Strategic Expansion Plan into international markets, to develop our production capacity and to pursue our goal of diversifying our range of products and distribution channels.