Recticel announces that on 2 May 2024 its share capital has been increased following the exercise of 25,000 subscription rights of the warrant plan issued on 30 June 2017, 2,500 subscription rights of the warrant plan issued on 28 June 2019 and 2,500 subscription rights of the warrant plan issued on
29 June 2020. This resulted in the issuance of 30,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 6 May 2024.
The Recticel Group 2023 Annual Report, entitled ‘Making insulation smart and sustainable’ consolidates our financial and non-financial information. It is structured considering the European Sustainability Reporting Standards (ESRS) for Europe’s Corporate Sustainability Reporting Directive (CSRD). The new CSRD regulation radically increases the transparency of corporate progress in the area of sustainability.
- Net sales increase from EUR 127.7 million in 2023 to EUR 140.6 million (+10.1%) in 2024, including REX sales in 2024
- Net cash position: EUR 74.9 million (31 December 2023: EUR 161.9 million), reflecting the REX acquisition in the first quarter of 2024 and seasonal working capital investment
Recticel and Sika have received a prestigious Perifem Award for their innovative Light Roof system. The award was presented last month at Perifem Day, the event for retailers in France. The Light Roof system, which won in the Energy Category, is the result of a partnership between Recticel Insulation and Sika, which specialises in membranes for flat roof construction.
Recticel and Sika were recognised at the recent Perifem Day in France for their innovative Light Roof system for industrial, commercial and logistics buildings. The result of a collaboration between Recticel Insulation and specialist chemical company Sika, the system was the winner in the Energy Category.
Saving energy and costs
Recticel has the ambition to accelerate the fight against climate change with smart solutions that advance a carbon-free economy and a better quality of life. The Group is proud to announce that its science-based greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative.
Recticel Group is proud to announce that its science-based greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi). The journey towards validation began in October 2022, when we formalised our commitment to the initiative and started building a comprehensive emissions reduction plan. The targets were submitted in July 2023 and approved on 14 February 2024.
Recticel announces that on 29 March 2024 its share capital has been increased following the exercise of 30,000 subscription rights of the warrant plan issued on 28 June 2019 and 30,000 subscription rights of the warrant plan issued on 29 June 2020. This resulted in the issuance of 60,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 3 April 2024.
