Exel Composites Oyj 2024 AR2
The report highlights Exel Composites' performance in 2024, during which the company implemented its new operating model with two business units and completed its new factory in India. Despite economic uncertainty, order intake increased by 6.9% to EUR 104.9 million, and adjusted operating profit improved significantly to EUR 1.7 million. On the sustainability front, the company reduced its Scope 1 and 2 greenhouse gas emissions by 35% compared to the 2018 baseline and achieved a 99% reduction in waste to landfill. Additionally, Exel launched the commercial-scale use of bio-based resins and established a recycling partnership for carbon fiber waste.
Company: Exel Composites Oyj
Sector: Industrials
Country: Finland
Year: 2024
Type: AR2
Pages: 153
Exel Composites Oyj
Annual Report
The report highlights Exel Composites' performance in 2024, during which the company implemented its new operating model with two business units and completed its new factory in India. Despite economic uncertainty, order intake increased by 6.9% to EUR 104.9 million, and adjusted operating profit improved significantly to EUR 1.7 million. On the sustainability front, the company reduced its Scope 1 and 2 greenhouse gas emissions by 35% compared to the 2018 baseline and achieved a 99% reduction in waste to landfill. Additionally, Exel launched the commercial-scale use of bio-based resins and established a recycling partnership for carbon fiber waste.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 4, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees