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The latest update is out from Recticel ( (GB:0NHV) ).
Recticel reported a significant increase in revenue and profitability for 2024, with a 15.3% rise in revenue to EUR 610.2 million and a 26.7% increase in adjusted EBITDA. The company is expanding its market presence with a new production facility in North America and a recycling plant in Wevelgem, enhancing its sustainability efforts. These developments are part of Recticel’s strategic growth plan, which includes both organic growth and acquisitions. The company anticipates continued growth in 2025, driven by product innovation and operational excellence, despite uncertainties in the construction market.
More about Recticel
Recticel operates in the insulation industry, focusing on products such as insulation boards and insulated panels. The company is known for its commitment to innovation and sustainability, with a market focus on energy-efficient solutions in regions including Benelux, the United Kingdom, France, Germany, and the United States.
YTD Price Performance: 2.43%
Average Trading Volume: 4,151
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €605.6M
For detailed information about 0NHV stock, go to TipRanks’ Stock Analysis page.