Neolith outlines business plan for next six months

Neolith has announced its business  plans for the next six months, including new product launch, crystalline silica-free surfaces and global expansion.

13 Jun, 24

Sintered stone supplier Neolith has announced its business  plans for the next six months, including new product launch, crystalline silica-free surfaces and global expansion.

Neolith outlines plans for next six months

Neolith will launch the four-strong product line Atmosphere, worldwide, by the end of June.

According to CEO of Neolith Group Jesús Ayarza, who will celebrate his first year as Neolith CEO in July: “These models will add a fresh breeze of innovation to all of our other collections and will help complete our already broad catalogue of designs”.

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He continued: “We’d like to keep on getting ahead of the market needs and trends by offering new products are at the forefront of the industries and create standards for the sector worldwide”

In parallel to the launch of Atmosphere, Neolith will introduce crystalline silica-free surfaces known as Neolith for a New Era, to the Australian market from June.

Jesús Ayarza stated: “The demand will set the pace for the implementation of our new crystalline silica-free product line in different territories.

“Neolith has made great efforts and a high investment in R&D to develop our surfaces for a New Era, and we’re convinced they will meet the most demanding professionals’ needs very well.

“These new crystalline silica-free products have the same technical characteristics our customers so adore.”

He continued: “We can already clearly see there will be a period of conversion between materials such as compact quartz, which have been on the market for years, and are losing in market share to other technically superior products like Neolith”.

Marking the continued expansion of the company across the globe, Neolith will open three distribution centres across three continents in 2024.

It includes centres in Gothenburg, Sweden, with operations having started last February, and the conclusion of renovation work to open a new Neolith distribution centre with showroom in Los Angeles, United States.

Completing the line-up is the renovation of a distribution centre in Auckland, New Zealand, which is expected to be up-and-running in the third quarter of 2024.

These three new centres are in addition to the distribution centres the company opened in Milan, Italy and Katowice, Poland in 2023, and brings the total number of distribution centres to 25 around the world.

Commenting on the business, Jesús Ayarza  stated: “2023 was a year in which we found ourselves up against major challenges since the overall demand for construction materials haddropped in many markets.

“For 2024, we want to be ambitious and moderately optimistic.

“The first quarter of the year has ended very well above our forecasts, with our majority shareholder CVC as well as the entire management team putting in all the necessary ingredients and reinforcing our teams, in addition to considering an expansion of Neolith’s production capacity in order to respond to the increasing demand we’re experiencing”.