Koninklijke Ten Cate B.V.
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Publicatie datum
02 aug 2011 - 08:17
Statutaire naam
Koninklijke Ten Cate B.V.
Titel
TenCate profit growth of 69% to € 33.1 million
Bericht
Highlights of first half of 2011
- Revenue growth of 30% to €592.4 million (+27% autonomous; -4% currency effect; +7% acquisitions / divestments).
- EBITA € 56.1 million; +47% (+60% autonomous; -11% currency effect; -2% acquisitions / divestments).
- Net profit € 33.1 million (+69%).
- Revenue growth in the Advanced Textiles & Composites sector (+56% autonomous) as a result of record sales of TenCate Defender(TM)M protective fabrics (military) and TenCate Tecasafe(TM) Plus (industry). Strong growth of interest in TenCate Defender(TM)M outside the US.
- Increase in EBITA in the Advanced Textiles & Composites sector by 156% to € 41.2 million (+172% autonomous; -17% currency effect +1%; acquisition / divestments).
- Revenue growth in the Geosynthetics & Grass sector (+6% autonomous) as a result of higher sales of geosynthetics in emerging markets and new products; (upstream) revenues of TenCate Grass are stable.
- Decrease in EBITA in the Geosynthetics & Grass sector by 26% to € 13.9 million (-13% autonomous; -9% currency effect; -4% acquisition / divestments); this originates in the
integration of TenCate Grass downstream activities and pressure on margins due to
higher raw material costs at TenCate Geosynthetics.
- Earnings per share rose by 67% to € 1.30.
Datum laatste update: 15 maart 2026