Recticel rebounds as market digests CEO change, strong FY results

Recticel SA

27/02/2026 09:47

** Shares in insulation manufacturer Recticel RECT.BR rise around 2.3%, reversing their course after falling around 7.3%, as strong FY results outweigh a surprise CEO change

** The Belgian co reports FY adjusted EBITDA of 55.8 million euros ($65.9 million), up 12.5% y/y on revenue of 655.1 million euros, up 7.4%

** Both KBC Securities and Degroof Petercam note EBITDA was slightly ahead of consensus with sales in-line

** Maxime Stranart from ING says the initial share price reaction was "a bit harsh"

** "Given the quality of the results, the share price reaction right now looks more reasonable in my view," he adds

($1 = 0.8472 euros)

(Reporting by Jakob Van Calster)

((jakob.vancalster@thomsonreuters.com))