June 19th, 2025
The net profit for 2024, excluding the impact of the exit from Russia and hyperinflation in Argentina, stands at 86.4 million euros, 35% higher than the previous year on a like-for-like basis.
Roca Group closed 2024 with a turnover of 1.948 million euros, in a year marked by a challenging global macroeconomic environment and a significant appreciation of the euro.
This figure represents a 5% decrease compared to the previous year, largely influenced by the negative impact of local currency depreciation against the euro, particularly in regions where the group has the highest level of activity. This negative impact resulted in a 6.7% reduction in turnover.
Despite these challenges, the group demonstrated strong operational resilience, achieving an operating profit of 108 million euros, which represents a 5.6% return on sales. This performance was driven by operational excellence, cost control, and the group’s ability to adapt to local market demands. The net profit for 2024, excluding the effects of Russia and hyperinflation, stands at 86.4 million euros. When including these two factors, the accounts show a negative result of 61 million euros, mainly due to the completion of the divestment process in Russia, which began in March 2022 when the group decided to cease its production and commercial activities in the country.
Despite the challenging environment, the company has maintained its efforts and reaffirmed its commitment to strategic investment. In 2024, it allocated 155 million euros to this area, slightly above the 153 million invested in 2023. In addition to investments aimed at supporting growth needs in each market, numerous initiatives were carried out in areas such as digitalization, safety, cost reduction, new product development, progress on the sustainability roadmap milestones, and the upgrading of facilities.
In addition, just a week ago, Roca Group announced a 70-million-euro investment in a new production center in Kazakhstan—an operation that will strengthen its strategic position in distribution across Central Asian markets.
Roca Group achieved a pioneering milestone in industrial sustainability by launching, in 2023, the world’s first electric kiln for sanitaryware at its Gmunden facility in Austria. This breakthrough eliminated the use of gas and enabled full electrification of production processes using renewable energy. As a result, this plant is now the first zero-emissions facility in the sector.
Roca Group has also decarbonized its faucet manufacturing plant in Brazil and its bathtub and shower tray facility in Portugal, significantly reducing energy consumption through electrification and energy efficiency measures. In 2024, the company also began zero-emissions production of shower enclosures at a factory specifically designed from the outset to operate entirely with 100% renewable energy.
Since 2018, Roca has reduced emissions from its own operations by more than 53% and cut its energy intensity by 55%. The company’s goal is to reach net-zero emissions in its operations by 2045.
In January 2025, Roca Group was awarded the Platinum Medal by EcoVadis, the world’s most recognized standard for business sustainability ratings. This distinction places the group among the top 1% of companies globally in terms of sustainability performance. EcoVadis assesses companies based on 21 sustainability criteria across four key areas: environment, labor and human rights, ethics, and sustainable procurement. More than 150,000 companies from 185 countries have been evaluated by EcoVadis. Receiving the Platinum Medal reflects the group’s strong commitment to integrating sustainability into every aspect of its business.
In line with its commitment to technological innovation and long-term growth, the group has strengthened its market position through several acquisitions.
On the one hand, the group has reinforced its position in the field of adapted bathroom solutions through the acquisition of two new companies: Swiss-based Nosag and Polish-based Ineocare, both specialized in the manufacturing of accessibility and adaptability products for bathroom spaces. This is a growing segment, driven by the company’s commitment to addressing the diverse needs of all individuals, particularly those who require inclusive design solutions.
On the other, the group also acquired Idral, an Italian manufacturer specialized in faucets for public spaces, and Innotec, a German company providing modular solutions for integrating structural elements into the bathroom. Additionally, Roca Group exercised its option to purchase the remaining shares of Mobiliario Royo that were not yet under its ownership, thereby reaching 100% control of the company.
As for Roca Group Ventures, it has acquired stakes in Boon, an Indian company, and Kmina, a Spanish firm. It has also invested in the CRB Health Tech digital health investment fund and in Burnt Island Ventures, a fund specializing in the water sector.
