Brief: Recticel NV Confirms FY 2021 Adjusted EBITDA In A Range Between EUR 123 Million To EUR 133 Million

Recticel SA

29/10/2021 06:13

Oct 29 (Reuters) - Recticel NV  RECT.BR :
    * RECTICEL NV -DESPITE DECLINING MOMENTUM IN SOME
END-MARKETS,
REFLECTING A SLOWDOWN IN ECONOMIC RECOVERY AND SUPPLY CHAIN
DISRUPTIONS, CONFIRMS ITS EXPECTATION OF AN ADJUSTED EBITDA IN A
RANGE BETWEEN EUR 123 MILLION TO EUR 133 MILLION FOR THE FULL
YEAR 2021
    * RECTICEL NV - NET SALES 3Q2021 INCREASE FROM EUR 217.4
MILLION
IN 3Q2020 TO EUR 319.7 MILLION (+47.1%)
    * RECTICEL NV - DIVESTMENT PROCESS OF OUR BEDDING DIVISION
IS ON
TRACK. IT IS THE INTENTION TO SIGN A DEAL DURING 4Q2021 AND TO
CLOSE THE TRANSACTION IN THE COURSE OF 1Q2022
    * RECTICEL NV -  INTEGRATION OF FOAMPARTNER IN ENGINEERED
FOAMS
CONTINUES TO PROGRESS ACCORDING TO PLAN
    * RECTICEL NV -  THE CLOSING OF THE ACQUISITION OF THE
INSULATION
BOARD BUSINESS OF GÓR-STAL IS POSTPONED SINE DIE

Source text for Eikon:  ID:nNDL3tq6kB 
Further company coverage:  RECT.BR 

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