Bathroom giant Roca Group achieved a turnover of €1.948million, in 2024, against a “challenging” global economic environment.
It sees a 5% dip on the previous year, largely influenced by local currency depreciation against the euro, particularly in regions where the group has the highest level of activity.
Despite these challenges, the group achieved an operating profit of €108 million, which represents a 5.6% return on sales, driven by cost control and adapting to local market demands
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The net profit for 2024, excluding the effects of Russia and hyperinflation, stands at €86.4 million.
When including these two factors, the accounts show a negative result of €61 million, mainly due to the completion of its divestment in Russia, which began in March 2022.
Despite the challenging environment, the company has commited to investment.
In 2024, it allocated €155 million, slightly up on €153 million invested in 2023.
In addition to investments aimed at supporting growth, investment was across digitalisation, safety, cost reduction, new product development, progress on the sustainability roadmap milestones, and the upgrading of facilities.
Most recently, Roca Group announced a €70-million investment in a new production centre in Kazakhstan, to strengthen its distribution across Central Asian markets.
Having launched an electric kiln in Austria, decarbonised both its tap factory in Brazil, and bathtub and shower tray factory in Portugal, alongside shower enclosure manufacturing with zero emissions, Roca was awarded the Plantium Media by EcoVardis in 2025.
Since 2018, Roca reports it has reduced emissions from its own operations by more than 53% and cut its energy intensity by 55%, with a goal to reach net-zero emissions in its operations by 2045.
In line with its commitment to technological innovation and long-term growth, the Roca Group has also made several acquisitions.
Reinforcing its position in adapted bathroom solutions, it acquired Swiss-based Nosag and Polish-based Ineocare.
It has also acquired Idral, an Italian manufacturer which specialises in taps for public spaces, and Innotec, a German company providing modular solutions for integrating structural elements into the bathroom.
Additionally, Roca Group purchased the remaining shares of Mobiliario Royo taking 100% control of the company.
While its investment firm, Roca Group Ventures, 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 specialising in the water sector.