Brief: Recticel H1 Net Sales EUR 298.6 MLN

Recticel SA

30/08/2024 06:15

Aug 30 (Reuters) - Recticel NV  RECT.BR :
    * NET SALES INCREASED FROM EUR 266.1 MILLION IN H1 2023 TO
EUR
298.6 MILLION IN H1 2024
    * H1 ADJUSTED EBITDA EUR 25.1 MILLION, UP 37.9% YOY
    * END-H1 NET CASH POSITION: EUR 58.1 MILLION (31 DECEMBER
2023:
EUR 161.9 MILLION)
    * WE SEE CONTINUED VOLUME GROWTH IN H2 2024, ALBEIT IN
COMPARISON
WITH A STRONG H2 2023
    * ADJUSTED EBITDA IS EXPECTED AROUND EUR 50 MILLION
    * H1 INCOME GROUP SHARE EUR 6.6 MILLION

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