Exel Composites Plc’s Annual Report 2023 published


Exel Composites’ Annual Report, Remuneration Report and Corporate Governance Statement for 2023 have been published today. The Annual Report includes the Board of Directors’ Report, the review by the President and CEO, the consolidated financial statements, the financial statements of the parent company and the auditor’s report.

Exel Composites publishes the financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is XHTML. In line with the ESEF requirements, the primary statements and notes to the financial statements have been tagged with iXBRL markups. The audit firm Ernst & Young Oy has issued an independent auditor’s reasonable assurance report on Exel Composites’ ESEF Financial Statements. The assurance has been completed in accordance with the international standard on assurance engagements ISAE 3000.

The Annual Report, Remuneration Report, Corporate Governance Statement and the ESEF Financial Statements are attached to this release and are also available on the company’s website at www.exelcomposites.com.

For further information, please contact:
Mikko Rummukainen, CFO
tel. +358 20 7541 335



Exel Composites in brief

Exel Composites is one of the largest manufacturers of composite profiles and tubes made with pultrusion and pullwinding technologies and a pultrusion technology forerunner in the global composite market. Our forward-thinking composite solutions made with continuous manufacturing technologies serve customers in a wide range of industries around the world. You can find our products used in applications in diverse industrial sectors such as wind power, transportation and building and infrastructure.

Our R&D expertise, collaborative approach and global footprint set us apart from our competition. Our composite solutions help customers save resources, reduce products' weight, improve performance and energy efficiency, and decrease total lifetime costs. We want to be the first choice for sustainable composite solutions globally.

Headquartered in Finland, Exel Composites employs over 600 forward-thinking professionals around the world and is listed on Nasdaq Helsinki. To find out more about our offering and company please visit www.exelcomposites.com.

Exel Composites Plc




Exel_Annual Report 2023
Exel Corporate Governance Statement 2023
Exel Remuneration Report 2023