Koninklijke Ten Cate N.V.
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Publicatie datum
27 jul 2012 - 08:08
Statutaire naam
Koninklijke Ten Cate N.V.
Titel
Koninklijke Ten Cate NV : TenCate net profit €15 million for first half of 2012
Bericht
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).
Datum laatste update: 08 november 2024