Brief: Recticel Q3 Net Sales Up At EUR 153.5 Million

Recticel SA

28/10/2022 06:19

Oct 28 (Reuters) - Recticel NV  RECT.BR :
    * RECTICEL TRADING UPDATE Q3 2022
    * Q3 NET SALES INCREASE FROM EUR 107.6 MILLION IN 2021 TO
EUR
153.5 MILLION (+42.7%) IN 2022
    * WE EXPECT ADJUSTED EBITDA OF OUR CONTINUED BUSINESS TO
REACH
BETWEEN EUR 60 AND EUR 65 MILLION FOR FULL YEAR 2022
    * CLOSING OF DIVESTMENT OF ENGINEERED FOAMS EXPECTED AT
LATEST BY
1Q2023
    * WE EXPECT ADJUSTED EBITDA OF OUR CONTINUED BUSINESS TO
REACH
BETWEEN EUR 60 AND EUR 65 MILLION FOR FULL YEAR 2022
    * 3Q2022 SALES INCREASED BY 42.7% FROM €107.6 MILLION TO
€153.5
MILLION
    * THE NET FINANCIAL DEBT: €278.2 MILLION

Source text for Eikon:  ID:nNDL5j507W 
Further company coverage:  RECT.BR 
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