Recticel Q3 sales miss estimates, company reaffirms guidance By Investing.com
Update: 2025-10-30
Description
Recticel's Q3 sales dip, but management remains optimistic. The company, despite a 0.9% sales decrease to €155.2 million, missed forecasts by 7-8%, leading to a share drop. However, Recticel's leadership maintained their €55 million adjusted EBITA goal for 2025. They also announced strategic moves: acquiring a 70% stake in Kuras for €4.2 million to bolster last-mile service and logistics, and fully owning Turvac for €2 million to control vacuum insulation technology. Additionally, Recticel's US greenfield project in Tennessee, including a mineral wool and PIR insulated panels facility and a recycling plant, is progressing as planned.
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