Roca Group reports 2023 revenues of €2,057 million

In 2023, the Spanish multinational maintained its 2022 revenue levels while increasing investments by 13% to €153 million.

Roca Group, a world leader in the design, manufacture and marketing of ceramic sanitaryware and bathroom products, reported a turnover of €2,057 million in 2023, a slight decrease of 1.7% from the €2,092 million recorded in 2022, and an EBITDA of €318 million, equivalent to 15% of revenues. Net profit, which was heavily impacted by the hyperinflation adjustment in Argentina, stood at €27 million.

For the Barcelona-based multinational, which has 79 factories and 20,000 employees across Europe, America, North Africa and Asia, these were significant results given the market context marked by a severe contraction in construction activity and strong inflationary pressures.

During 2023, the group’s investments increased to €153 million, a 13% rise from the €135 million of 2022. These funds were primarily allocated to expanding and increasing production capacity, boosting the Competence Centres, pursuing digitalisation and new product development, meeting the targets outlined in the sustainability roadmap and upgrading facilities and showrooms, including Roca Galleries and Laufen Spaces.

The group concluded three acquisitions last year: Madeli in the USA with the aim of bolstering its position in the premium bathroom furnishings segment; Clarke, also in the USA, to complete its bathtub and shower tray portfolio; and Alape, a German manufacturer of high-quality steel washbasins. In addition, the acquisition of the Italian company Idral was announced on 1 July this year, further strengthening Roca’s presence in the tapware segment.

Roca Group has continued its journey towards achieving zero net emissions by 2045. From 2018 to 2023, the group successfully reduced its scope 1 and scope 2 CO₂ emissions by 50%, more than halved its waste production, and decreased the energy consumption of its operations by 57%. In early 2024, the group started up its first electric tunnel kiln for sanitaryware firing at the Laufen facility in Austria. These achievements have enabled Roca Group to position itself within the top 3% of companies globally in terms of sustainability performance according to the Ecovadis rating, earning it a Gold Medal in recognition of its efforts.