<![CDATA[News and press releases - VELUX Media Centre | VELUX Group]]> https://press.velux.com/ Bringing light to life en Mon, 07 Sep 2026 23:47:45 +0200 Wed, 12 Jul 2017 16:18:57 +0200 <![CDATA[News and press releases - VELUX Media Centre | VELUX Group]]> https://content.presspage.com/clients/150_1207.jpg https://press.velux.com/ 144 VELUX Publishes 2016 CSR Report https://press.velux.com/velux-publishes-2016-csr-report/ https://press.velux.com/velux-publishes-2016-csr-report/180685Good progress made, especially on sourcing of sustainable woodAbout the VELUX Group

For more than 80 years, the VELUX Group has created better living environments for people around the world; making the most of daylight and fresh air through the roof. Our product programme includes roof windows and modular skylights, decorative blinds, sun screening products and roller shutters, as well as installation and smart home solutions. These products help to ensure a healthy and sustainable indoor climate, for work and learning, for play and pleasure. We work globally – with sales and manufacturing operations in more than 36 countries and around 11,000 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by non-profit, charitable foundations (THE VELUX FOUNDATIONS) and family. In 2022, the VELUX Group had total revenue of EUR 2.99 billion, VKR Holding had total revenue of EUR 4.29 billion, and THE VELUX FOUNDATIONS donated EUR 181 million in charitable grants.

For more information about VELUX Group, visit velux.com.

]]>VELUX today publishes its 2016 Corporate Social Responsibility report, which details the company’s ongoing commitments and progress in the area of CSR.

Highlights of 2016 report include:

• 98% of wood used in manufacturing sourced from certified, sustainable forests – three times higher than the global average and approaching our 2020 target of 99%

• 97% of production waste recycled or used for energy generation

• 1.9 work-related accidents per one million working hours – almost five times lower than a comparable industry benchmark

• 100% of manufacturing sites certified according to ISO 14001 (Environment), OHSAS 18000 (Occupational Health) ISO 9001 (Quality) and ISO 50001 (Energy)

The report also examines a broad range of initiatives and activities, including:

• VELUX’s work to promote better living environments for all, including the completion of its 27th demonstration building, a social housing renovation in Brussels, Belgium

• Ways in which the company is addressing the UN’s Sustainable Development Goals

• Charitable and non-profit grants donated by the VELUX Foundations totaling 155 million EURO.

View the full 2016 CSR Report here: www.velux.com/csrreport

]]> Fri, 17 Mar 2017 10:54:02 +0100 https://content.presspage.com/uploads/1207/500_130516-01-xxl.jpg?10000 https://content.presspage.com/uploads/1207/130516-01-xxl.jpg?10000 The VELUX Group celebrates its anniversary with a record result https://press.velux.com/the-velux-group-celebrates-its-anniversary-with-a-record-result/ https://press.velux.com/the-velux-group-celebrates-its-anniversary-with-a-record-result/1211832015 saw strong performance in terms of both turnover and earnings. The focus for 2016 will be on growth of the core business.

]]>About the VELUX Group

For more than 80 years, the VELUX Group has created better living environments for people around the world; making the most of daylight and fresh air through the roof. Our product programme includes roof windows and modular skylights, decorative blinds, sun screening products and roller shutters, as well as installation and smart home solutions. These products help to ensure a healthy and sustainable indoor climate, for work and learning, for play and pleasure. We work globally – with sales and manufacturing operations in more than 36 countries and around 11,000 employees worldwide. The VELUX Group is owned by VKR Holding A/S, a limited company wholly owned by non-profit, charitable foundations (THE VELUX FOUNDATIONS) and family. In 2022, the VELUX Group had total revenue of EUR 2.99 billion, VKR Holding had total revenue of EUR 4.29 billion, and THE VELUX FOUNDATIONS donated EUR 181 million in charitable grants.

For more information about VELUX Group, visit velux.com.

]]>The VELUX Group has reported a record result in 2015, which is reflected in the positive development of its operations.

Agility and readiness

The VELUX Group has sales companies in 40 countries and an overall picture of growth is appearing, although it varies from country to country. The Group is experiencing positive development in the building sector as a whole.

Innovation drives growth

In particular, The VELUX Group sees potential in the innovative VELUX Modular Skylight (VMS). The product provides standardised roof windows in modules which can be installed in industrial, commercial and educational buildings, as well as hotels and conference centres. The first ventures into the VMS initiative were made in 2009, with VMS products now being sold on eight European markets, China and the USA. Considerable growth in sales of VMS is still expected, as well as expansion into still more markets.

Blinds and other accessories are another area of strong growth and in which collaboration have proved successful – most recently with Disney and the Star Wars & VELUX Galactic Night Collection.

Expectations for 2016

The VELUX Group has positive expectations for 2016 and thereafter, despite the several geopolitical conditions that could affect financial growth in its markets.

Renovation concepts, that create better homes in terms of energy efficiency and indoor climate could drive market developments and act as a financial catalyst for European economies. The VELUX Group wants very much to support this development and will be launching its 26th demo project – the flexible renovation of a building in a social housing complex in Brussels. Its objective is to show that cutting CO2 emissions from buildings can be achieved with a modest budget. The local city council has decided to renovate a further 84 buildings to the VELUX model, which could be replicated in renovation projects throughout Europe.

But there are also factors that could put the brakes on the expected positive development of the market.

]]> th anniversary, this strong performance shows our commitment to the development of our business. We are seeing consumers with more buying power who are increasingly demanding more sophisticated products. And we are continuing the process of internationalisation of our production- and logistics systems, which is making us even more efficient. Overall, the VELUX Group saw a very satisfactory development in 2015, with growth in turnover and a good development in operations,"]]> Fri, 01 Apr 2016 15:21:27 +0200 https://content.presspage.com/uploads/1207/500_facts_and_figures_page_580x280.jpg?10000 https://content.presspage.com/uploads/1207/facts_and_figures_page_580x280.jpg?10000 Investments in the future reinforce the VELUX Group's position https://press.velux.com/investments-in-the-future-reinforce-the-velux-groups-position/ https://press.velux.com/investments-in-the-future-reinforce-the-velux-groups-position/39589Top-line key figures have risen by almost 5%. Earnings are good, though affected by heavy investment in development and transition to new products and business areas that set new standards of energy efficiency. That is the report from the VELUX Group, manufacturer of roof windows, that is ready to take full advantage of the economic upturn when it arrives.

]]>2013 was a year with fair bottom-line figures for the VELUX Group, whose 10,000 employees are a large proportion of the 14,000 employed by VKR Holding companies. The VELUX Group itself does not publish consolidated accounts; they are included as a major part of VKR Holding's accounts that were released today. They report of earnings on primary operations of €179 million from a revenue of €2,200 million.

The European core markets of Germany, France and the UK continue to provide the largest share of the VELUX Group's turnover. Beyond Europe, the US market made particular progress in 2013. This is partly due to the fact that the Group has upgraded its entire range of products, a move well received by the customers. Now it is Europe's turn.

"In the early years of the recession, we decided to put many resources into innovation; we have made the largest investments in our Group's history and we now offer a fully-optimised product range of roof windows that set new standards of energy efficiency. At the same time, we launched an entirely new product category targeted at commercial buildings and institutions", relates the VELUX Group's CEO, Jørgen Tang-Jensen.

He is optimistic about 2014. This optimism arises partly from the fact that the new energy-optimised roof windows have received a very warm reception by the customers.

"Our New Generation roof window has received awards on every market on which it has been launched. Such a reception is very rewarding", says Jørgen Tang-Jensen, and continues:

"Our investments in recent years help reinforce our position as market leader. So we will be operating from a position of strength when the market turns the corner, which we have our fingers crossed will happen in 2014 or next year. And the weather gods have also been with us so far in the new year, which is reflected in the first few months' sales figures".

VKR Holding A/S financial highlights
The VELUX Group is owned by VKR Holding A/S, which released its 2013 consolidated ac-counts Thursday. The revenue was €2,200 million and earnings on primary operations €179 million. Due to divestments of a number of companies outside its core business, VKR Holding recorded a 3% decrease in revenue compared to the previous year; however, when di-vestments have been taken into account, the result is improved revenues, mainly driven by the VELUX Group recording almost 5% growth rates.

Financial highlights (EURm)

2013

2012

Revenue

€2,200.9

€2,283.0

Earnings before interest, tax and amortisation (EBITA)

€179.0

€205.9

Return on capital employed

14.5%

16.5%

Free cash flow after tax

€278.4

€32.8

Net result after tax

€105.7

€151.7

Number of employees

14,519

15,130

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