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RECTICEL

Market leader in most of its businesses, Recticel today employs a total of 10,574 people in 117 offices across 27 countries. The Group is active throughout Europe but also has a number of businesses in the United States and Asia. In 2009, the Group achieved a turnover of EUR 1.28 Billion.

The Group concentrates as a single unit on four quite precise fields of application: Flexible Foam, Bedding, Insulation and Motor Vehicles. Within the Bedding division, mattresses and bedsprings are above all marketed under known brand names (Beka, Lattoflex, Literie Bultex, Sembella, Superba, Swissflex, etc), while the Insulation division provides top-quality thermal insulation products, which are ready-for-use in construction projects and which are also marketed under known brand names (Eurowall, Powerroof and Powerdeck).

 




 

 

 

 

In all its businesses, Recticel attaches enormous importance to innovation and to cutting-edge technology, which has in particular enabled it to sign breakthrough contracts with some big names in the auto industry. This is why the Group’s products are used and transformed in a growing number of new and existing applications. (See also www.recticel.com)

Compagnie du Bois Sauvage’s holding remained unchanged at 28.65% in 2009.

RECTICEL - IFRS AUDITED CONSOLIDATED ACCOUNTS
(EUR MILLIONS)
31/12/2009
31/12/2008
31/12/2007
Sales 1,276.70 1,555.45 1,611.80
Net group result 20.70 11.50 21.50
EBITDA 102.30 108.80 122.00
Group shareholders' Equity 225.50 210.60 215.80
Balance-sheet total 757.90 898.80 890.70
Dividend paid 7.23 8.60 7.23

% of economic participating interest

28.65% 28.65% 26.23%


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