- Combined 3Q sales: from EUR 313.9 million to EUR 293.6 million (-6.5%)
- Combined year-to-date 9M sales: from EUR 996.6 million to EUR 924.1 million (-7.3%)
- Total Combined net financial debt: EUR 237.2 million, including the impact of IFRS 16 (30 June 2019: EUR 261.3 million)
Recticel informs that around 12:30 CET today, a fire broke out in one of the storage units in its Flexible Foams site in Wetteren (Belgium). The fire was rapidly brought under control by the fire brigade. Production facilities at the plant were not affected by the fire.
Under the motto Transforming your world together. Recticel and Eurofoam attended the second edition of Foam Expo Europe from 10 - 12 September 2019, where we presented our various solutions for the world of transport, industrial equipment and consumer goods.
Recticel announces that on 01 October 2019 its share capital has been increased following the exercise of (i) 23,747 warrants of the warrant plan issued on 29 April 2014 and (ii) 35,000 warrants of the warrant plan issued on 23 June 2015. This resulted in the issuance of 58,747 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 03 October 2019.
- Combined sales decreased by 7.6% on a comparable restated basis
- Combined Adjusted EBITDA: EUR 58.4 million, EUR 44.9 million before IFRS 16
- Result of the period (share of the Group): EUR 16.1 million, EUR 16.7 million3 before IFRS 16
- Combined net financial debt: EUR 201.1 million, EUR 83.9 million before IFRS 16 (30 June 2018: EUR 138.7 million; 31 December 2018: 100.2 million)
Recticel announces that on 28 June 2019 its share capital has been increased following the exercise of (i) 3,580 warrants of the warrant plan issued on 29 April 2014 and (ii) 6,000 warrants of the warrant plan issued on 23 June 2015. This resulted in the issuance of 9,580 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 02 July 2019.
We are proud to announce that Recticel has received its third FIRA Gold Certificate. The certificate was received by the Flexible Foams business line for its Foamflex™ Reversible Foam. It follows two existing FIRA Gold Certifications for Foamflex™ Cushion Foam / Foamflex™ Cushion Slim and Aurora Seating.
