Koninklijke Ten Cate N.V.
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Publicatie datum
04 nov 2010 - 08:10
Statutaire naam
Koninklijke Ten Cate N.V.
Titel
TenCate net profit growth of 47% in third quarter
Bericht
TenCate trading update for third quarter of 2010
Highlights of third quarter of 2010
· Sales € 273 million (+22% compared to 3rd quarter of 2009)
· Increase in EBITA of 40% compared to 3rd quarter of 2009
· Net profit up 47% compared to 3rd quarter of 2009
· Substantial recovery in the result by European activities in protective fabrics
· The TenCate Geosynthetics & Grass sector exhibits an outperformance
· Profit growth hampered by tight conditions in a number of raw materials markets and costs related to the coordination of downstream activities in the synthetic turf market
· Turnaround at TenCate Enbi proves successful
· Debt ratio 2.5 (3rd quarter of 2009: 2.5)
Datum laatste update: 02 september 2024