Brief: Recticel H1 Sales Increased By 16.4% From €335.2 Mln To €390.1 Mln
BRIEF-Recticel H1 Sales Increased By 16.4% From €335.2 Mln To €390.1 Mln Aug 28 (Reuters) - Recticel SA RECT.BR:
H1 SALES INCREASED BY 16.4%, FROM EUR 335.2 MILLION TO EUR 390.1 MILLION
H1 ADJUSTED EBITDA INCREASED BY 28.9%, FROM EUR 27.7 MILLION TO EUR 35.7 MILLION
OUTLOOK: FYADJUSTED EBITDA OUTLOOK OF APPROXIMATELY EUR 70 MILLION
H1 EPS OF CONTINUING OPERATIONS FROM EUR -0.10 TO EUR 0.18
WE REMAIN DETERMINED TO COMPLETE GROUP'S FINAL MAJOR DIVESTMENT. IN CONNECTION WITH ASCORIUM, AN ADJUSTMENT OF NET ASSET VALUE OF EUR -25 MILLION HAS BEEN ACCOUNTED FOR - CHAIRMAN
WE ANTICIPATE A SLIGHT IMPROVEMENT IN OUR CONSTRUCTION MARKETS
H1 OPERATING PROFIT (LOSS) INCREASED BY 95.5% FROM EUR 8.7 MILLION IN H1 2025 TO EUR 16.9 MILLION IN H1 2026
RECTICEL GROUP IS NOW WELL POSITIONED TO DELIVER THE EXECUTION OF ITS ELEVATE 2030 VALUE CREATION PLAN AND ACHIEVE EUR 100 MILLION ADJUSTED EBITDA - CHAIRMAN
Source text: https://tinyurl.com/nhe9vdsc
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