Brief: Recticel Net Sales Decrease To EUR 529.4 Million In 2023

Recticel SA

29/02/2024 06:12

Feb 29 (Reuters) - Recticel NV  RECT.BR :
    * RECTICEL NV - NET SALES DECREASE FROM EUR 587.8 MILLION IN
2022
TO EUR 529.4 MILLION (-9.9%) IN 2023 
    * RECTICEL NV - FY ADJUSTED EBITDA: FROM EUR 64.4 MILLION TO
EUR
39.2 MILLION (-39.2%)
    * RECTICEL NV - FY NET CASH POSITION: EUR 161.9 MILLION (31
DECEMBER 2022: NET FINANCIAL DEBT OF EUR 250.0 MILLION)
    * RECTICEL NV - PROPOSAL TO PAY A STABLE GROSS DIVIDEND OF
EUR
0.31 PER SHARE
    * RECTICEL NV - ADJUSTED EBITDA: FROM EUR 64.4 MILLION TO
EUR 39.2
MILLION (-39.2%) IN 2023
    * RECTICEL NV - WE ARE IMPLEMENTING COST REDUCTIONS,
    * RECTICEL NV - OUTLOOK 2024: WE ARE CONFIDENT THAT WE WILL
SIGNIFICANTLY INCREASE OUR ADJUSTED EBITDA COMPARED TO 2023
    * RECTICEL NV - WE ARE CONFIDENT THAT WE WILL SIGNIFICANTLY
INCREASE OUR ADJUSTED EBITDA COMPARED TO 2023."

Source text: https://shortly.cc/ehhWR
Further company coverage:  RECT.BR 

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