Brief: Recticel FY Net Sales Rise To EUR 561.5 Mln, Up +25% YoY

Recticel SA

28/02/2023 06:19

Feb 28 (Reuters) - Recticel NV  RECT.BR :
    * NET SALES INCREASE FROM EUR 449.2 MILLION IN 2021 TO EUR
561.5
MILLION (+25.0%) IN 2022
    * FY ADJUSTED EBITDA: FROM EUR 48.4 MILLION TO EUR 62.2
MILLION
(+28.4%)
    * COMPANY DOES NOT PROVIDE GUIDANCE RELATED TO ITS FULL YEAR
2023
EXPECTED RESULTS
    * PROPOSAL TO PAY AN INCREASED GROSS DIVIDEND OF EUR 0.31
PER
SHARE
    * FY RESULT OF PERIOD (SHARE OF GROUP): FROM EUR 53.5
MILLION TO
EUR 63.2 MILLION
    * DIVESTMENT OF ENGINEERED FOAMS IS EXPECTED TO CLOSE AT THE
END
OF THE FIRST QUARTER OF 2023

Source text for Eikon:  ID:nNDL3gPf5W 
Further company coverage:  RECT.BR 

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