Go to content
Koninklijke Ten Cate B.V.

Koninklijke Ten Cate B.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 27 jul 2012 - 08:08
Statutory name Koninklijke Ten Cate B.V.
Title Koninklijke Ten Cate NV : TenCate net profit €15 million for first half of 2012
Comments Summary of first half of 2012 Decrease in revenues of 9% to €540 million (-17% organic; +4% currency effect; +4% acquisitions / divestments) EBITA €32.3 million; -42% (-48% organic; +4% currency effect; +2% acquisitions / divestments) Net profit €14.7 million (2011: €33.1 million) Revenues of Advanced Textiles & Composites sector show an organic decrease of 25%, due to decline in sales of TenCate Advanced Armour and TenCate Defender(TM) M product portfolio (related to US defence forces) Positive trends at TenCate Advanced Composites, TenCate Geosynthetics and TenCate Grass (downstream) Net earnings per share -56% to €0.57 Adjustment to 2012 profit forecast and sharpening of strategic focus, combined with structural cost reductions, with a future positive effect on EBITA of approximately €25 million on an annual basis (see press release dated 20 July, 2012).