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recticel (REC) Snapshot

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52 Week High
07/4/14 - €7.98
52 Week Low
12/24/14 - €4.80
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recticel (REC) Details

Recticel SA/NV manufactures and transforms polyurethane foams for the insulation, bedding, flexible foams, and automotive applications. The company's insulation business line offers sustainable thermal insulation material in rigid closed cell polyurethane (PUR) and polyisocyanurate foam (PIR). This business line manufactures PUR/PIR foam boards for thermally insulate walls, floors, and roofs; produces large foam blocks in rigid PUR/PIR and phenolic foam; and offers complex shapes from the large rigid foam blocks, such as plates, T-pieces, segments, and bends for the thermal insulation of pipes in buildings or of industrial installations. Its bedding business line provides fully finished mattresses, slats and bed bases, and beds, as well as produces sleep systems. The company's flexible foams business line offers semi-finished products in flexible polyurethane foam. This business line provides technical foams that are used in applications, such as sponges, scouring pads, filters, paint rollers, seals, packaging, acoustic insulation, energy and vibration absorption, rechargeable batteries, fire-retardant foam for high risk clothing, and light-stable foam; and composite foams, which are used in applications, including packaging materials, building acoustics, shoes, and indoor and outdoor sport fields. Its automotive business line offers interior solutions, such as dashboard skins and door panel trims; and produces seating pads in cold moulded foam, as well as other seating components, such as headrests, armrests, and side panels for car seats. The company offers bedding products under the Beka, Lattoflex, Literie Bultex, Schlaraffia, Sembella, Swissflex, Superba, GELTEX Inside, and Ubica brands; and thermal insulation products under the Eurowall, Powerroof, Powerdeck, and Powerwall brands. It has operations in Belgium, France, Germany, and other European Union countries. Recticel SA/NV was founded in 1896 and is headquartered in Brussels, Belgium.

7,758 Employees
Last Reported Date: 05/1/14
Founded in 1896

recticel (REC) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: €729.1K
Compensation as of Fiscal Year 2013.

recticel (REC) Key Developments

Recticel Provides Earnings Guidance for the Year 2014

Recticel provided earnings guidance for the year 2014. The company confirmed its expectation to finish the year with increased versus 2013. This expectation is to be updated in view of the following developments: In the deteriorating market environment, sales in the fourth quarter are now expected to come out slightly lower than last year. Consequently, while full year 2014 sales are expected to come out slightly above 2013, combined REBITDA is expected to end 12% lower than 2013.

Recticel NV/SA Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Maintains Earnings Guidance for the Full Year 2014

Recticel NV/SA reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. The company reported third quarter sales from EUR 239.1 million to EUR 239.2 million. The company reported sales reached from EUR 733.8 million to EUR 733.1 million. Net financial debt amounted to EUR 167.2 million, compared to EUR 140.3 million per 30 September 2013 and to EUR 161.3 million per 30 June 2014. For the full year 2014, the company maintains combined sales growth between 1 and 2% and a combined REBITDA growth above 5%.

Recticel NV/SA, H1 2014 Earnings Call, Aug 29, 2014

Recticel NV/SA, H1 2014 Earnings Call, Aug 29, 2014


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