Urethane Blog

Recticel Results

February 26, 2016

Recticel
Press Release of Recticel – 26 February 2016
ANNUAL RESULTS 2015 – RECTICEL MOVES FORWARD IN A VOLATILE ENVIRONMENT

• Combined sales growth of +5.0%
• Combined REBITDA increased by +26.4%
• Combined net financial debt reduced from EUR 194.5 million to EUR 123.0 million
• Refinancing of EUR 175 million credit facility signed with maturity in February 2021
• Proposal to pay a gross dividend of EUR 0.14 per share

OUTLOOK

For the full year 2016, the Group expects continued growth of its combined sales turnover and REBITDA, thanks to a combination of volume growth, improved mix and efficiency gains.

 

http://www.recticel.com/index.php/actualites?newsid=496429

 

RSS Sign Up for Email Updates