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TenCate reports growth in revenues

The company now continues to expect organic sales growth similar to 2014 for the full year 2015.

6th October 2015

Innovation in Textiles
 |  Almelo

Protective, Transport/​Aerospace, Civil Engineering, Agriculture, Sports/​Outdoor

With EBITA (before exceptional items) at EUR 43 million (year-to-date August 2014: EUR 30 million), the company continues to expect organic sales growth similar to 2014 for the full year 2015.

As part of the intended recommended offer for Royal Ten Cate by a consortium of investors led by Gilde Buy Out Partners, recent trading developments have been shared in the preparation of the preliminary loan syndication. These results have not been audited. The TenCate Trading Update for the third quarter of 2015 is due on 22 October 2015.

Royal Ten Cate

TenCate is a multinational company, which combines material technology and chemical processes in the development and production of functional materials with distinctive characteristics.

Systems and materials from TenCate come under four areas of application: safety and protection, space and aerospace; infrastructure and the environment; sport and recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, antiballistics, geosynthetics and synthetic turf.

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