Recticel delivers further structural profit growth

  • Combined sales growth of +1.5%, including adverse currency impact of -2.2%
  • Combined REBITDA increased by +19.3%
  • Result of the period (share of the Group): EUR 16.3 million
  • Combined net financial debt: EUR 126.0 million (31-Dec-2015: EUR 123.0 million)
  • Proposal to pay a gross dividend of EUR 0.18 per share

 

Recticel announces that yesterday morning, Sunday 22 January 2017, a severe fire incident occurred in one of the production halls in its Automotive Interiors site in Most in the Czech Republic.

As far as can be ascertained at this stage, no one has been hurt.

For safety reasons, the authorities have closed down the plant, and production has been stopped completely.

Recticel is as of yet unable to assess the damage to the plant or the equipment, nor the full extent of the impact it will have on our production going forward.

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