Germany
,May 12, 2021
Exyte delivers record sales in challenging macroeconomic environment
Exyte’s €4.1 billion sales in 2020 exceeded 2019’s record-setting mark of €3.9 billion by 5%. Europe (EMEA) was the strongest region with sales climbing 75% year-over-year to €2.4 billion, much of which is attributable to semiconductor projects underway in Ireland and Austria and a data center project in Denmark. EMEA also won €2.2 billion worth of new orders. Although sales in Asia-Pacific (APAC) decreased slightly to €1.1 billion with the pandemic holding up some projects, its order intake was at the same amount, €1.1 billion. The situation was similar in the USA (AMER), with sales decreasing to €483 million, but new orders increasing to €656 million. Overall, order intake in 2020 decreased to €4.1 billion, down from the Group’s record high of €4.8 billion last year. Compared to 2019, free cash flow increased by €148.3 million to €215.5 million, an increase of over 220%.
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