Post-pandemic measures to strengthen governance and aid economic recovery have helped Levantina, the marble specialist, lift its performance over the past year. After a downturn the year before, the Bybrook fund-backed group now reports a total revenue of about 135.7 million euros, up 11.4% according to the firm’s balances filed with the Trade Registry. The uptick reflects a combination of stronger sales and a rebound in demand across key markets, with the international segment contributing a large share of income.
Foreign sales have grown notably, reaching 46.6 million euros, while the broader revenue mix includes the value of marble sales and related services that push the total abroad to roughly 88 million euros. Management notes that as much as 65% of the holding’s income now comes from overseas markets, including the United States, Europe, China and Mexico, with Brazil adding further diversification thanks to its quarry operations. The company’s international footprint remains its main growth engine as it continues to expand its presence beyond domestic borders.
During the year, Levantina reorganized its portfolio by creating three distinct entities focused on different product lines. Levantine Marble was established to spearhead the core marble business, LevGranite concentrates on the granite segment and now accounts for about 35% of output, and Levantine Techlam oversees the production and sale of large sized porcelain products as part of a strategic diversification effort.
One of the Levantina factories in Novelda underscores the scale of operations. The company continues to pursue efficiency gains and investment in its network of plants and trading offices as part of a broad modernization plan. This reform, coupled with a refined approach to sales delegation, has helped improve results, though losses have not yet turned fully positive. In all scenarios, the company managed to reduce losses by 38% year over year, dropping from the 27.7 million euros reported in 2020 to 17 million euros in the most recent year.
In February, Bybrook approved an equity-raising move that increased capital by 82.4 million euros, a financial strategy built on converting existing debt into equity and reinforced by this change to reach a total of 124 million euros. The rearrangement strengthens the balance sheet and provides additional capacity to support ongoing expansion and modernization across Levantina’s global network.
Levantina remains a major natural stone producer with a global footprint of about 950 employees, operating seven quarries—six in Spain and one in Brazil. In the preceding year, the company extracted close to 82,000 cubic meters of rock. While the firm also trades raw materials, its core business remains the transformation of marble and granite into finished products, which now account for roughly 88% of turnover. Six processing plants support this output across the same markets, enabling a broad product range for customers who demand consistency and high quality.
Beyond manufacturing, the group maintains a strategic network of offices and delegations, including operations in the United States, the United Kingdom, and India, reflecting its commitment to being a truly global supplier of stone products and related solutions. The company continues to pursue geographic diversification and product innovation to sustain long term growth while balancing profitability and resilience in varied market conditions.