Befesa SA 2023 AR2
The report highlights Befesa's performance in 2023, a challenging year marked by inflation and weak demand in China, where the company still achieved a revenue of €1,181 million and an Adjusted EBITDA of €182 million. As a key player in the circular economy, Befesa recycled 1.9 million tonnes of residues and reintroduced 1.7 million tonnes of recovered materials back into the market. The company continued to execute its Sustainable Global Growth Plan, focusing on expansion in the US, Europe, and China, driven by the decarbonisation megatrend. Additionally, Befesa made significant progress in safety, reducing its Lost Time Injury Rate by 18% year-on-year.
Company: Befesa SA
Sector: Industrials
Country: Luxembourg
Year: 2023
Type: AR2
Pages: 210
Befesa SA
Annual Report
The report highlights Befesa's performance in 2023, a challenging year marked by inflation and weak demand in China, where the company still achieved a revenue of €1,181 million and an Adjusted EBITDA of €182 million. As a key player in the circular economy, Befesa recycled 1.9 million tonnes of residues and reintroduced 1.7 million tonnes of recovered materials back into the market. The company continued to execute its Sustainable Global Growth Plan, focusing on expansion in the US, Europe, and China, driven by the decarbonisation megatrend. Additionally, Befesa made significant progress in safety, reducing its Lost Time Injury Rate by 18% year-on-year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees