Recticel Results

RECTICEL – ANNUAL RESULTS 2014

1. KEY FIGURES

1.1. CONSOLIDATED DATA

• Sales: from EUR 976.8 million to EUR 983.4 million (+0.7%)
• EBITDA: from EUR 13.6 million to EUR 36.8 million , including EUR 8.2 million German Federal Cartel Office fine (cfr press release dd. 22 August 2014)
• EBIT: from EUR -20.9 million to EUR 8.8 million
• Result of the period (share of the Group): from EUR -36.1 million to EUR -9.7 million
• Net financial debt1 : EUR 168.3 million (31 December 2013: EUR 138.2 million), including 1st tranche EC fine payment (EUR 6.5 million) and full payment of fine German Federal Cartel Office (EUR 8.2 million)
• Proposal to pay a gross dividend of EUR 0.20 per share

1.2. COMBINED DATA

• Sales: from EUR 1,258.6 million to EUR 1,280.1 million (+1.7%)
• REBITDA: from EUR 72.8 million to EUR 65.9 (-9.5%)
• EBITDA: from EUR 27.7 million to EUR 49.3 million
• EBIT: from EUR -15.3 million to EUR 13.4 million
• Non-recurring elements: EUR -17.3 million, including EUR 8.2 million German Federal Cartel Office fine (cfr press release dd. 22 August 2014) (2013: EUR -48.6 million)
• Net financial debt1: EUR 194.5 million (31 December 2013: EUR 165.1 million), including 1st tranche EC fine payment (EUR 13.9 million) and full payment of fine German Federal Cartel Office (EUR 8.2 million)