“The first quarter of 2026 was marked by significant challenges for the entire construction materials market. We are aware of the current market context, especially the lack of fiscal predictability and the pressures on operational costs, however, we remain confident in our long-term development strategy. The construction market remains an essential pillar of the national economy, and our company is prepared to capitalize on the existing opportunities. We aim to consolidate SIPEX’s position among the top distributors of construction materials, through the expansion of the product portfolio, the development of solid partnerships and the increase of operational efficiency. The B2B channel, which generates significant volumes and approximately 45% of the turnover, remains a strategic priority,” said Irinel Gheorghe, CEO and Chairman of the Board of Directors of Sipex.
According to the earnings report, “sales from the Retail channel recorded a decrease of 5.6% in Q1/2026. At the same time, the B2B channel continued to have a positive evolution and recorded an increase of 4.2% compared to the first quarter of 2025. The Store & Online division recorded a decrease of 53.5% compared to Q1 2025. This development was influenced both by atypical weather conditions during the first quarter and by the specific nature of this sales channel, which functions as an anchor channel, with the orders generated online being subsequently taken over by our B2B sales representatives, and thus the majority of these orders being reflected in the B2B channel.”
“The strategic partnerships concluded provide us with a competitive advantage in promoting solutions dedicated to B2B clients. At the same time, our attention remains focused on sustainable growth, including through the development of a production unit for construction materials. In the coming period, increasing operational efficiency and expanding the product portfolio will continue to represent strategic directions for supporting the sustainable development of SIPEX. All these directions will contribute to achieving the profitability objectives,” added Irinel Gheorghe.
For 2026, Sipex has budgeted an 11.1% turnover growth and a nearly 34.7% surge in its net profit compared to 2025, an evolution backed by enhanced commercial activity for the B2B channel, by ongoing projects and by the commercial opportunities identified, the report also shows.