Creaton AG: 2009 – A difficult year with a conciliatory conclusion

Despite sustained weakness in Creaton‘s field of business, the group was able to increase their revenues for the first eleven months of 2009 to 196.6 mill. €, after 188.4 mill. € for the same period in 2008, and domestic sales were even up disproportionately. Creaton AG Management Board Chairman Alfons Hörmann puts it this way: „Due to surrounding circumstances, however, our profits were anything but satisfactory, especially considering the latest increases in the cost of energy. Creaton intends to keep on optimizing processes and becoming even leaner in 2010. Their main focus is to achieve best-possible capacity utilization.
Creaton expects the roofing market to remain difficult in 2010 but is convinced of being well equipped to handle future challenges. The group‘s financial situation is reportedly still rock solid. Inventories have been markedly reduced, all factories are busy, and a rough sum of 1 million euros was recently invested at the Malsch production facility.
x

Related articles:

Issue 07/2009 125 years of innovative roofing ideas from Wertingen

Creaton celebrates its anniversary

When the 34-year-old Alois Berchtold married the widow of a brickworks owner in Wertingen in 1884 and started making plain tiles, nobody could have dreamt that the successful international brand...

more

Creaton aims to further increase exports

With an EBIT of € 14.4 mill. in 2013, Creaton was able to increase its earnings by more than 4% compared to the previous year (2012: € 13.8 mill.), even if with € 210.8 mill. in sales, the company...

more
Issue 01/2021 Creaton GmbH

Creaton becomes part of Terreal Group

Terreal, the French sector leader for roofing products and building envelope solutions, is taking over Creaton, a full subsidiary of the Etex Group. The merger with Terreal represents a logical...

more
Issue 7/2016 Strategic reorientation at Creaton and Eternit

Creaton as all-around supplier – also for concrete roofing tiles

Long known as a specialist supplier of clay roofing tiles, Creaton AG has broadened its base via strategic reorientation. The company is now emerging as a wide-assortment rooftop expert. The first...

more

Creaton: An exceptional year 2014 comes to a conciliatory end

The sensational start in 2014 gave Creaton AG an exceptional increase in sales in the first six months. But the boom was followed by a sobering up: the cool down in demand over the second six months...

more