The Group's current organizational model is based on an integrated corporate unit and functional departments, thus allowing local units to focus on identifying opportunities and developing the business in their respective markets.
Conceptually, the Group is currently organized into four regions, based on the industrial map and the strategic growth objectives:
The Group currently enjoys balanced geographical coverage, with significant presence in both mature markets and emerging economies. This balance lowers the risk from economic uncertainties.
The following pages describe the performance, business development and relevant milestones of the various regions and their main markets, in the context of a brief overview of the social and economic reality of each country.
% OF SALES
The added value of products launched in recent years in all categories and the excellent relationships with specifiers drove the region’s sales growth, hindered only by the sociopolitical situation and the exchange rate impact in the Middle East.
Spain once again led growth in the region with increases in sales, further consolidating it as one of the main drivers for the Group. Portugal also had a remarkable performance, growing more than 10%, and brand positioning was particularly improved in the UK. France and Italy witnessed complicated internal dynamics. Egypt and Morocco were able to maintain turnover levels, while the Middle East’s contribution was affected by sociopolitical conditions and the depreciation of local currencies.
in millions of euros
30.5%
OF THE GROUP
25
34.9%
OF THE GROUP
627.5M€
27.7%
OF THE GROUP
6,535
CONTRIBUTION TO GROUP’S GROSS PROFIT
38.5%
The Spanish market has recovered over 60% in the last five years, making it the main driver of the Group’s development globally.
SANITARYWARE
11
FAUCETS
4
ACRYLICS
3
BATHTUBS
2
FURNITURE
2
CAST IRON BATHUBS
1
TILES
1
FIXTURES
1
BRANDS
2018 GDP | 2.5% |
2019 GDP forecast | 2.1% |
Inflation | 1.2% |
Population (in millions) | 46.6 |
Sales grew by 5% in the Group’s core market, both in new builds and refurbishments, yielding a recovery of 62% since 2013. Again, the product launch activity was admirable, especially in the development of comprehensive collections and new categories. Collections such as Carmen, Beyond and Insignia were unveiled, the new In-Wash® smart toilet was presented throughout Spain and an advertising campaign was undertaken to publicize and promote this new category among users.
In order to enhance branding in the new multichannel distribution environment, numerous actions have been taken to support traditional distribution, both in trade shows and store remodeling. Collaborative efforts also targeted the development of an e-commerce channel. The growth of the project channel was impressive as well, with special focus on the hotel market and involvement in flagship initiatives.
The Roca Tiles division remains committed to revamping the range and providing higher added value, in a complicated year marked by price pressure from the market. Key innovations were the development of formats, new options in wood, and the application of new inks and textures that greatly expand design and decorative choices. These developments were presented at the Cersaie exhibition (Bologna) and met with great success among customers.
The catalog was also expanded to include solutions manufactured in the Group’s production plants in Brazil, while the Castellón plant has upped its production capacity significantly, thanks to the addition of a new dry grinding line.
2018 GDP | 1.4% |
2019 GDP forecast | 1.2% |
Inflation | 2.5% |
Population (in millions) | 66 |
GBP/EUR trend | -0.9% |
Despite a slowdown in the sector, a 6% increase in sales was achieved, prompted by improved positioning and increased market share of global brands Roca and Laufen. The actions put in place—the launch of the latest brand products and client-focused training—have begun to have a direct impact on sales, both in traditional distribution and the project channel. The latest collections of both brands have been used in flagship hotel projects around the country, thanks to agreements with leading hotel chains.
In order to address this growing demand, a new logistics center has been set up in the center of the country, making it possible to concentrate business in the same facilities and to define a new growth strategy.
2018 GDP | 0.9% |
2019 GDP forecast | 0.1% |
Inflation | 1.2% |
Population (in millions) | 60.5 |
Weak domestic demand led to downturns in the healthcare market, slowing growth prospects for the Group. Project channel development initiatives resulted in Roca and Laufen products being featured in Venice, Verona and Milan hotels.
The relationship with specifiers has also deepened through presentations of the two global brands at events for architects, not to mention the strong presence of various Group brands in architecture and design trade shows in Italy.
2018 GDP | 2.1% |
2019 GDP forecast | 1.7% |
Inflation | 1.2% |
Population (in millions) | 10.3 |
Company business grew above 10% again this year, boosted by the country’s economic recovery and industry growth. Roca consolidated its position—at the same rate as in the Spanish market—through specifier activities and the launch of the latest collections. The local brand Sanitana also had exceptional results, as it continues to upgrade its portfolio and strengthen its presence in hotel projects.
Industrial investments include capacity expansion at the Anadia plant thanks to a new toilet casting facility that features the latest advances in process automation. Safety and environment improvements were made in the country’s remaining factories.
2018 GDP | 1.5% |
2019 GDP forecast | 1.3% |
Inflation | 2.1% |
Population (in millions) | 67.1 |
With the retail market in full transformation and new brands emerging as competition, the Group maintained its sales level in France and reached increased profitability. The growth strategy in the country is based on gaining presence in specialty bathroom and ceramic tile shops, meeting luxury segment needs with Roca and Laufen products.
We have also signed new agreements with distributors, enabling them to access training sessions and exclusive offers, and we have built up our presence in national and regional trade fairs.
2018 GDP | 3.1% |
2019 GDP forecast | 3.2% |
Inflation | 1.9% |
Population (in millions) | 35.7 |
MAD/EUR trend | -1.5% |
Despite building slowdowns, the Group was able to contain the decline in sales in a year marked by strong branding efforts. The new Debba Round and Beyond collections were launched, showrooms were opened in the towns of Laayoune, Salé and Rabat, and several showrooms were renovated (one in Casablanca and two in Tangier). We have also increased our presence in mainstream design and architecture media, as well as in outdoor advertising.
Export activity managed from Morocco includes consolidation in Algeria and commercial development in countries, such as Cameroon and the Democratic Republic of Congo, thanks to leading products such as In-Wash®.
2018 GDP | 5.3% |
2019 GDP forecast | 5.5% |
Inflation | 21% |
Population (in millions) | 97.5 |
EGP/EUR trend | -3.7% |
Despite the market slowdown, we were able to maintain the previous year’s sales level and continue diversifying our offer by launching new categories for the bathroom space and flat ceramic products. Project channel efforts focused on the public and private residential sector, and loyalty marketing continues with distributors.
2018 marked the completion of the first phase for building a new sanitaryware plant in 6th of October City, with a capacity of 1.5 million pieces in the first phase.
MIDDLE EAST, NORTH AFRICA, AFGANISTAN AND PAKISTAN | |
2018 GDP | 1.8% |
2019 GDP forecast | 1.5% |
SUB-SAHARAN AFRICA | |
2018 GDP | 2.9% |
2019 GDP forecast | 3.0% |
General slowdowns in the economies of the Middle East and Africa have affected Group sales in these territories. However, in line with previous years, we have continued to focus on opening new stores and remodeling existing ones, as well as participating in trade fairs in emerging markets such as Pakistan and Sri Lanka.
We have also continued to develop branding actions and foster relationships with specifiers, in addition to sponsoring the Interior Design Awards, the largest forum for architects and designers in the Middle East.
2018 GDP | 2.6% |
2019 GDP forecast | -2.5% |
Inflation | 16.3% |
Population (in millions) | 80.7 |
TL/EUR trend | -27.8% |
Despite the complicated domestic situation, the Group has maintained a steady pace of faucet line launches under local brand NSK. New series and models have resulted in greater market share—especially prominent in the cooking and valve categories. A line aimed at the value segment also met with great market acceptance.
The Eskisehir faucet plant has rolled out new production technologies (PVD and zinc injection lines) that are key to producing new collections for brands across the Group, as well as stepping up efficiency and performance.
2018 was a remarkable year for the region, with well-deserved increases in local currency sales despite very complex socioeconomic conditions. The four key countries are undertaking strategic projects that will allow the company to enter new regions and market segments in the short and medium term.
All American markets witnessed an increase in local currency sales, although the sharp depreciation of the Brazilian real and the Argentine peso had an impact on the euro-reported consolidated accounts and the region’s contribution to overall gross profit. The Group addresses the region’s growth prospects with investments such as the new plastic seat plant in Brazil, new product categories developed in Argentina and various operations in Mexico, led by the expansion of the existing plant in Santalia and the opening of a center in Puebla.
in millions of euros
19.5%
OF THE GROUP
16
19.3%
OF THE GROUP
343.4M€
20%
OF THE GROUP
4,871
CONTRIBUTION TO THE GROUP'S GROSS PROFIT
15.2%
A new seat plant in Brazil, the faucet program in Argentina and industrial development in Mexico are key strategic projects in the region.
SANITARYWARE
8
TILES
3
FAUCETS
2
ACRYLICS
1
FURNITURE
1
PLASTIC PRODUCTS
1
BRANDS
2018 GDP | 1.1% |
2019 GDP forecast | 2.1% |
Inflation | 3.7% |
Population (in millions) | 209.3 |
BRL/EUR trend | -16.3% |
The momentum of new product categories drove an overall 10% sales increase in Brazil, the Group’s second largest market. Brazil has also seen strengthened business in the faucet sector and production startup at the plastic seat plant in Jundiaí. Additionally, the new kit series were launched and are gaining ground as an alternative sales channel for toilets. In sanitaryware, the exclusive sink series designed by the architect Ruy Ohtake has helped position the Roca brand as a benchmark in design. In further pursuit of this goal, the Roca São Paulo Gallery will open in 2020, showcasing all the Group’s brands in the country. Another growth area is the development of the project channel, boasting a dedicated team working on a comprehensive bathroom offering (sanitaryware, ceramic tile and faucets).
Industrial investments in flat tile products in recent years have allowed us to develop a higher value range, both in decorative formats and options, targeting the US and specialist local shops.
2018 GDP | -2.5% |
2019 GDP forecast | -1.2% |
Inflation | 34.3% |
Population (in millions) | 44.3 |
ARS/EUR trend | -43.8% |
Despite the loss of consumer purchasing power, strong price competition and penetration of imported product, a steady new construction market and the remarkable growth of luxury series managed to hold sales steady in Argentina. The product mix has been enhanced in categories such as faucets and steel bathtubs. New efforts in faucet development include the launch of the first mixer cartridge faucets in the country, the commissioning of an assembly unit in the Lanús plant and efforts related to positioning our products at the point of sale and with specifiers.
New products in 2018 include the locally produced Inspira series, and collections incorporating Roca-exclusive solutions such as In-Wash® and Rimless. The added value of the offer allows us to continue earning the trust of high-profile residential projects, which incorporate series such as Hall, The Gap, Dama Senso and Monaco.
2018 GDP | 2.9% |
2019 GDP forecast | 2.3% |
Inflation | 2.4% |
Population (in millions) | 325.1 |
USD/EUR trend | -4.3% |
The ceramic tile distribution strategy launched two years ago was strengthened this year to gain a more diversified presence in key channels: projects, direct sales and home centers. Several additional actions were geared toward the project channel: direct agreements with developers and builders, enhancements in specification activities, and collaboration in projects with major automotive chains, hotels, restaurants and retail spaces. All these efforts have resulted in renewed sales growth after two years of marginal losses due to implementing the new model.
The product offering is evolving towards higher-value solutions, imported from the Campo Largo (Brazil) plant, meeting current trends that seek a variety of formats, colors, decorative patterns, textures and special effects. The year of 2018 also saw the introduction of sanitaryware, bathroom furniture and accessories through our local brand.
2018 GDP | 2% |
2019 GDP forecast | 1.6% |
Inflation | 4.9% |
Population (in millions) | 129.1 |
MXN/EUR trend | -6.1% |
Mexico advances towards the goal of becoming one of the strategic industrial centers for the Group, which will invest in the short term in the expansion and construction of new production plants in order to meet growing local demand and to progressively intensify its commercial presence in the United States. The expansion of the Santalia sanitaryware plant in Monterrey—acquired in 2016 and near the border with Texas—and the new plant in the state of Puebla, near Mexico City, will help meet demand in the central and southern areas of the country. Both centers are expected to reach a combined production target of more than 2.2 million pieces of sanitaryware.
In 2018 the company tackled another strategic investment: the acquisition of Metalflu, a faucet distributor located in the city of Guadalajara, to boost marketing of this product category.
Tightening market conditions in key countries—namely new channels and strong price pressure—has prevented further growth in the region, where the Group continues to work on a diversified offer and entry into new markets.
Switzerland and Russia, the two main markets in the region, managed to maintain sales levels in local currency but were affected by depreciation of their currencies against the euro. Diversification of the Group’s offer with new bathroom categories and the distinctive value of the Laufen offer are essential for gaining a foothold in the markets of Central Europe, Scandinavia and the Balkans, expected to increase their share in coming years. A spike in demand led to new investments in plants in the region.
in millions of euros
25.5%
OF THE GROUP
21
27%
OF THE GROUP
478.5M€
27%
OF THE GROUP
6,569
CONTRIBUTION TO THE GROUP'S GROSS PROFIT
27.5%
The distinctive offer by Laufen and Roca has enhanced possibilities to open new markets in Central and Northern Europe and to maintain leadership in the demanding markets of Switzerland and Russia.
SANITARYWARE
13
ACRYLICS
3
FAUCETS
2
FURNITURE
2
SOLID SURFACE
1
BRANDS
2018 GDP | 2.5% |
2019 GDP forecast | 1.1% |
Inflation | 0.9% |
Population (in millions) | 8.5 |
CHF/EUR trend | -3.7% |
Rental market growth and the trend toward lower prices due to the entry of new competitors affected sales in Switzerland, but the market’s confidence in distinctive Laufen solutions ensured the turnover level. The Swissbau fair (Basel) featured the main innovations of the year, with new SaphirKeramik collections, faucet series and an exclusive solution for public bathrooms. In terms of specifier activity with architects and designers, we featured striking visual montages at the Designers' Saturday exhibition. We also signed collaborative agreements with key distributors in the region and positioned ourselves in the premium segment of the project channel thanks to a focus on customized solutions.
In industrial investments, we have begun technological upgrades at the Similor faucet plant in the same town of Laufen.
2018 GDP | 2.3% |
2019 GDP forecast | 1.6% |
Inflation | 2.9% |
Population (in millions) | 144.5 |
RUB/EUR trend | -10.9% |
2018 witnessed an especially strong rise in sales in Russia for the third year, as measured in the local currency. Group brands have been used in numerous World Cup infrastructure projects, mainly stadiums and airports. Project channel developments enhance our visibility and positioning, also bolstered by our involvement in efforts and platforms geared toward architects. Agreements have been signed with two of the most established retail chains.
Industrial investments were primarily aimed at gaining more production capacity. A few examples are the plant expansion of the Ugrakeram (Kaluga) sanitaryware plant, updates to the solid surface unit in Davydovo and the expansion of facilities in Tosno, featuring a new sanitaryware plant and a new logistics center.
GERMANY | |
2018 GDP | 1.5% |
2019 GDP forecast | 0.8% |
Inflation | 1.9% |
Population (in millions) | 82.6 |
AUSTRIA | |
2018 GDP | 2.7% |
2019 GDP forecast | 2.0% |
Inflation | 2.1% |
Population (in millions) | 8.8 |
The Group’s strong position in the German premium segment offset the slowdown in a changing market, with considerable price pressure across all channels. The products in this segment included sales of Val, Ino and Kartell by Laufen collections and the Riva smart toilet. Laufen’s offer also had a strong presence in various hotel projects in major cities (Berlin, Hamburg, Munich and Frankfurt).
The Group again successfully defended its leading position in the Austrian market, despite price pressure and the impact of multiple channels. Project channel development projects and an increase in Laufen brand visibility underscored our performance in 2018.
2018 GDP | 5.1% |
2019 GDP forecast | 3.8% |
Inflation | 1.6% |
Population (in millions) | 37.9 |
In a market undergoing transformation, the Group is enhancing its presence in new channels—DIY and e-commerce—and positioning its brands through higher-value releases. Most notably, a global agreement was signed with major DIY chains in the country, and arrangements were made with traditional retail outlets to ensure product presence in their e-commerce platforms.
In terms of product offering, the local market has responded very positively to the latest Roca developments (smart toilet and Inspira collection) and Laufen proposals. The shower tray and synthetic bathtub categories—produced in the country’s plants—gained market presence. A strong industrial presence was also decisive in increasing market share for rimless toilets and shower stalls.
2018 GDP | 2.9% |
2019 GDP forecast | 2.9% |
Inflation | 2.2% |
Population (in millions) | 10.6 |
CZK/EUR trend | 2.6 |
With an uptick in sales of nearly 5%, the Czech Republic has become one of the Group’s main markets in Central Europe. The Group is a leader in the country thanks to the robust position of the Roca, Laufen and Jika brands, and local plants’ excellent service. New investments were also undertaken to renovate and expand the manufacturing lines in the Bechyne and Znojmo plants. These improvements will enable the manufacturing of new product categories and new series.
Sales were increased in Slovakia and particularly Hungary—neighbor markets managed by the same unit. Both countries are moving towards a stable share in all segments.
DENMARK | |
2018 GDP | 1.4% |
2019 GDP forecast | 2.0% |
Inflation | 2.8% |
Population (in millions) | 5.8 |
SWEDEN | |
2018 GDP | 2.3% |
2019 GDP forecast | 1.2% |
Inflation | 2.0% |
Population (in millions) | 10 |
DENMARK | |
2018 GDP | 1.2% |
2019 GDP forecast | 1.7% |
Inflation | 0.7% |
Population (in millions) | 5.8 |
The consolidation of Laufen products, with a growing presence in hotel projects, and rising market demand for the Roca brand describe the Group’s performance in Scandinavia. The market in this region is characterized by conservatism and loyalty to local brands, but sales and marketing efforts (relationships with local distributors, presence at trade shows and in the media) are allowing us to win market share in Norway, Sweden and Denmark.
The Northern Europe business unit has also taken on management of the Baltic region, with new company teams in Lithuania, Estonia and Latvia.
BULGARIA | |
2018 GDP | 3.2% |
2019 GDP forecast | 3.3% |
Inflation | 2.6% |
Population (in millions) | 5.8 |
ROMANIA | |
2018 GDP | 4.1% |
2019 GDP forecast | 3.1% |
Inflation | 4.6% |
Population (in millions) | 19.6 |
CROATIA | |
2018 GDP | 2.7% |
2019 GDP forecast | 2.6% |
Inflation | 1.5% |
Population (in millions) | 4.1 |
The company’s commitment to diversifying its offer yielded notable sales growth in Bulgaria and was key to winning flagship projects in the hotel industry, as well as achieving warm acceptance by the market. Broadening our offer was also key in the company’s consolidation in Romania, where Roca brand products were featured in 30 new outlets and new faucet collections from the plant in Turkey were launched.
Croatia witnessed a strategy based on establishing flagship stores, where an agreement was signed with the leading distributor in the country and the sales of packs and installation systems were boosted. The Croatian president, Kolinda Grabar-Kitarović, visited the Zaprešić plant, the industry’s largest industrial plant in the country, in January 2019.
NETHERLANDS | |
2018 GDP | 2.5% |
2019 GDP forecast | 1.8% |
Inflation | 1.6% |
Population (in millions) | 17.1 |
BELGIUM | |
2018 GDP | 1.4% |
2019 GDP forecast | 1.3% |
Inflation | 1.6% |
Population (in millions) | 11.4 |
The Group is gaining market share in the region, as it develops the business through e-commerce platforms, thus gradually consolidating the supply chain. Strides have also been made in collecting and managing market information.
To raise awareness of the distinctive character of its offer, in 2018 the Group increased its communication activities targeting end users, the organization of brand events and the presence of the Laufen range at architectural and design meetings, in both the Netherlands and Belgium.
Sales in the region increased by 8.5% (in euros), mostly driven by excellent results in China and India. The year was also marked by the construction of a new sanitaryware plant in Indonesia and the universal interest of users from all markets in the innovation and design offer of the Group’s brands.
The region boasted record-high sales, thanks in large part to strong results in China—where global brands Roca and Laufen have made inroads—and in India, where Roca and Parryware stand out as benchmark brands in the industry. In other markets, the Group’s positioning in premium segments is worth highlighting, thanks to technologically advanced products and the first year of operations in Indonesia, marked by a ramp-up of commercial activity and completion of a sanitaryware factory.
in millions of euros
24.5%
OF THE GROUP
20
18.5%
OF THE GROUP
328.0M€
26%
OF THE GROUP
6,259
CONTRIBUTION TO THE GROUP'S GROSS PROFIT
17.9%
China and India posted record sales and drove growth in the region, increasing their contribution to Group profit.
SANITARYWARE
9
PLASTIC PRODUCTS
3
SMART TOILETS
2
FAUCETS
2
FIXTURES
1
ACRYLICS
1
FURNITURE
1
MAMPS
1
BRANDS
2018 GDP | 6.6% |
2019 GDP forecast | 6.3% |
Inflation | 2.1% |
Population (in millions) | 1,386 |
CNY/EUR trend | -2.3 |
The Group achieved its best sales figures in China since the start of operations in the late 1990s. Growth was particularly fueled by the surge of global brands Roca and Laufen and an increasingly powerful presence in the project channel, where strategic supply agreements have been reached with major manufacturers in the country. In contrast, local brand business has been dampened by the retail slowdown in all sectors. Another channel that is driving business is e-commerce, reinforced in 2018 with the signing of a strategic alliance with Alibaba and with product series geared specifically for a channel which already accounts for close to 10% of retail sales.
Industrial investments include a new tunnel kiln in the sanitaryware unit at Tangshan and new lines of one-piece and smart toilets. This is the fastest-growing category in the country, and it attracts the strongest efforts in product development and technological expertise.
2018 GDP | 7.1% |
2019 GDP forecast | 7.3% |
Inflation | 3.5% |
Population (in millions) | 1.339.2 |
INR/EUR trend | -8.9% |
India also reached record-high sales in a very active year in terms of sales activities of the various brands in their respective market segments. These included the opening of new showrooms—shared by Roca and local brand Parryware—in strategic locations such as Luctnow, Chandigarh, Mumbai and Chennai. Faucet business has expanded notably, thanks to a full schedule of launches resulting in significant growth in the category and allowing local brands to offer a comprehensive offering for the bathroom space. Parryware has positioned itself as a leader by undertaking value-added efforts, such as a campaign to promote bathroom hygiene and maintenance, and sponsorship of a popular film.
The network of industrial plants has received new investments to build up production categories such as one-piece toilets (Alwar), plastic products (Sriperumbudur) and faucets (Bhiwadi).
2018 GDP | 4.7% |
2019 GDP forecast | 4.7% |
Inflation | 1% |
Population (in millions) | 32 |
MYR/EUR trend | 1.9% |
Due to the market trend toward dropping prices and the entry of low-range product, the Group has adapted its offering and had a strong pace of launches in sanitaryware, faucets and furniture. Most new products were introduced at the popular Archidex fair, held annually in Kuala Lumpur. A new Roca showroom was also opened in the city of Johor Bahru, second only to the capital in terms of population and bordering Singapore, which in 2018 hosted the One Day Design Challenge for the first time ever.
The Batang Barjuntai sanitaryware plant has continued to make progress in improving cost performance and has expanded production to meet rising demand in Indonesia.
2018 GDP | 5.2% |
2019 GDP forecast | 5.2% |
Inflation | 3.2% |
Population (in millions) | 263.9 |
IDR/EUR trend | 10.0% |
This is the Group’s first full year of business in Indonesia following the joint venture agreement with two local distributors in 2017. Two main objectives have been achieved: the launch of the Roca brand and the development of customer service infrastructure, plus the construction of a new sanitaryware plant. The brand was presented at various meetings with authorities, professionals and distributors, as well as through sponsorship of architecture and design events. In this first year, the Roca brand was available at 450 outlets on the islands of Java and Bali, and a new Roca showroom is scheduled to open in 2019 in south Jakarta.
The year 2018 also witnessed completion of the new sanitaryware plant, less than 40 kilometers from Jakarta, and trial production has begun. Inaugurated in 2019, the plant occupies a floor area of over 44,000 square meters and will reach full capacity production of one million pieces.
2018 GDP | 4.1% |
2019 GDP forecast | 3.5% |
Inflation | 1% |
Population (in millions) | 69.1 |
THB/EUR trend | 0.3% |
The year has been marked by a boost to the project channel and by a consolidated presence of the Roca brand in major retail chains. The main focus for market penetration is the premium product range, a segment in high demand given the absence of supply in the country—covered by the Group mainly with the Armani/Roca line and smart toilets. These products are being used in major projects awarded during the year, focusing on the luxury segment and backed by the leading distributor in the country.
Our presence in retail is likewise consolidated through collaboration with the county’s major chains and the opening of new showrooms in the Bangkok metropolitan area and the city of Hat Yai, in the south.
2018 GDP | 2.1% |
2019 GDP forecast | 2.8% |
Inflation | 2.1% |
Population (in millions) | 24.7 |
AUD/EUR trend | -6.7% |
The fast-paced launch of high-tech products has positioned Roca as a key innovator in the industry. Another milestone has been the launch of two series of thermostatic faucets—a category with little presence in the Australian market—and In-Wash® Inspira smart toilets, backed by an advertising campaign on a popular home remodeling TV program. Another example of the Group’s innovative offer is the Cyprus shower tray, made with the exclusive STONEX® material, which has been adapted to the regulations and preferences of the local market.
The project channel includes collaboration with the Hilton hotel chain to furnish the bathroom space of three establishments, which has brought visibility and prestige to the brand.