Who we are
Our profile
Facts & Figures
Recticel around the world
Our activities
With 70 years of experience and a pioneering role in the insulation industry, we are a well-known and respected brand. However, coming at the end of a period of strategic transformation we are now a pure player in insulation. Following completion of different acquisitions and divestments, we are focusing our attention and expertise on the insulation business that makes an important contribution to a world that is increasingly driven by the energy transition and the need to safeguard our planet’s future.
- Recticel Insulation designs polyurethane thermal and thermo-acoustic boards for optimal building comfort and energy efficiency. This includes the vacuum insulation panels (VIP) by Turvac.
- Trimo enables with its mineral wool insulated panels and modular space solution the highest aesthetic standards and extends architectural capabilities, primarily in non-residential applications.
With the recent acquisition of REX Panels & Profiles, our portfolio now includes PIR insulated panels. - Soundcoat provides acoustic solutions used in some of the world’s leading technological innovations.
Financial indicators
Consolidated net sales
Adjusted EBITDA
Total equity versus net financial debt/net cash
Gearing and leverage ratio**
** Incl. IFRS 16
gearing: net financial debt / total equity
leverage: net financial debt / EBITDA
Gross dividend per share (5 years)
* Subject to approval of the profit appropriation by the General Meeting of 28 May 2024, a dividend of EUR 0.31 gross will be paid per ordinary share, or EUR 0.217 net (-30% withholding tax). This dividend will be payable from 3 June 2024. KBC Bank acts as paying agent. Payments for the registered shares will take place via bank transfer to the shareholders’ bank accounts.
Sustainability Indicators
2023 Climate Action Plan
Recticel’s scope 1, scope 2 and scope 3 carbon footprint are subject to limited assurance by PwC.
Due to a major methodology change resulting from obtaining more granular data from key suppliers, we restated the previous years, including
the SBTi base year. This restatement is also due to the inclusion of Soundcoat in our scope 1, 2 & 3 calculations.
scope 1+2 GHG emissions
scope 1 GHG emissions
scope 2 GHG emissions (market based)
scope 3 GHG emissions*
3.1 purchased goods & services
3.12 end-of-life treatment of sold products
People & solutions plan
Safety
Frequency 1
Number of Lost Time Accidents x 1,000,000 / number of hours performed
Frequency 2
Number of [Lost Time Accidents + Restricted Work Cases + Medical Treatment Cases] x 1,000,000 / number of hours performed
Gender diversity
% women in senior management positions
E-learning participation
Governance programme
Data protection
Ethics policy
Basics of contract law
Cybersecurity
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