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| Recticel posts 2007 results Belgian bedding and foam maker Recticel posted full-year results which show a swing to net profit and a strong rise in EBITDA. Net profit rose to EUR 21.5 million eur from a EUR 21.2 million loss last year. The group achieved EBITDA of EUR 122 million, a 15.2% increase on the previous year. Sales in 2007 rose by 9.3% to EUR 1,611.8 million. Recticel proposed a dividend of EUR 0.25 per share versus last year's EUR 0.17, which represents an increase of 47%. write your comments about the article :: © 2008 Construction News :: home page |