SCG Décor (SCGD), a Thai-listed building materials conglomerate, has outlined a 5-year expansion strategy (2025-2029) targeting 50% EBITDA growth to 4.5 billion baht and doubling EPS by 2029. The plan centers on three pillars: diversifying into new product categories (SPC flooring, smart toilets via AXENT partnership, adhesives, doors/windows), expanding distribution networks (equity stakes in dooDeco and Malaysia's Jubin Bagus, COTTO showroom expansion), and consolidating Thai manufacturing from 4 to 1 facility to reduce costs by 16-20% and achieve 90% capacity utilization. This marks phase 2 following three years of structural reorganization that saw net margins improve from 2.9% to 3.8% despite market headwinds in Vietnam and Thailand's real estate sector.
← Back to all articles