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Wednesday 4 March 2009

TenCate sales exceed €1 billion and profits up 35%


- Revenues 2008: € 1,033 million (+17%; +5% in autonomous terms)

- EBITA 2008: € 95.4 million (+31%)

- EBITA margin 2008: 9.2% (2007: 8.2%)

- Net result before amortization and excluding result from divested activities and exceptional items (cash earnings) 2008: € 62.7 million (+35%)

- Net result 2008: € 51.1 million (2007: € 46.4 million)

- Revenues fourth quarter 2008: € 251 million (+11%)

- EBITA fourth quarter 2008: € 24.3 million (+9%)

- Dividend proposal € 0.85 (stock and optional dividend (cash / shares);2007: € 0.80 optional dividend (cash / shares)

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