Closes fiscal 2021 with record turnover
Successful year for Schattdecor: “Despite new challenges and the effects of the ongoing corona pandemic, we close 2021 with record turnover of more than 850 million euros. This means that in 2021 we have been able to record our best year to date with an increase in all our business areas,” according to the management of the surface specialist, which today has just under 3,000 employees at 17 locations worldwide. The increase in sales is also due to the continuously very high investments in technology, infrastructure and capacity, it said.
“Particularly in this globally ongoing exceptional situation, in which one crisis follows the next, we do not want to announce this result without the appropriate humility,” says CEO Roland Auer. “For us as a Group, this very positive development proves that together we have made the right decisions and set the right course for the future. We act directly in the interests of our customers and the requirements of the markets. For us as a global company, however, our actions and business activities also mean responsibility in view of current economic and political world events. Responsibility towards our employees, customers, suppliers and business partners.”
In the long term, the company continues to focus on solid, healthy growth: “The basis for this is the continuous review and adaptation of our product portfolio,” said Auer. With this in mind, the company acquired a 50 percent stake in the German foil manufacturer Fine Decor in the fall of 2021.
“Sustainability is one of the very big issues of our time,” explains Auer. “In Fine Decor, we have found a partner with whom we can already meet the demand for environmentally friendly furniture surfaces produced on the basis of recycled raw materials. Together, we will thus inspire our customers with modern surfaces.”
The finishing sector in particular is becoming increasingly popular and is also becoming more important in terms of sales. Impregnation and coating sites such as those in North America, Brazil, and also Italy and Poland have further extended their lead in this area. In 2021, a total of 830 million square meters of décor paper were finished (Impregnated and Finished Surfaces). In the printing sector (Printed Surfaces), Schattdecor reports a volume of almost 120,000 tons group-wide.
Roland Auer concludes: “The still young year 2022 is currently causing worry lines to deepen due to the war in Ukraine and the ongoing tense covid situation in China. We therefore refuse to make a forward forecast. What counts today more than ever are humanity, solidarity, responsibility and prudent action. The foundation we have built up over the past years serves us as a healthy and resilient foundation.”