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Koninklijke Ten Cate N.V.

Koninklijke Ten Cate N.V.

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Publicatie datum 27 feb 2008 - 08:31
Statutaire naam Koninklijke Ten Cate N.V.
Titel Increase in TenCate's net profit (+36%) considerably exceeds expectations
Bericht * Sales increased to € 886 million (autonomous +14%) * Operating result (EBIT) increased by 39% to € 69.4 million * Operating result before amortization (EBITA) increased from € 51.1 million to € 73.0 million (+43%). In autonomous terms, 29% * Net profit excluding result on divested activities increased from € 34.0 million to € 46.1 million (+36%) * Net profit after deduction of extraordinary gains increased to € 43.0 million (+26.5%) * Advanced Textiles & Composites sector has provided a major contribution to the increase in profit as a result of military orders from the US; EBITA increased 86% in autonomous terms * Autonomous EBITA decrease of 22% in the Geosynthetics & Grass sector * Autonomous sales at TenCate Enbi stable * Dividend proposal of € 0.80 per share (cash/stock dividend); 2006 € 0.70 per share