Sales down and EBITDA up in H1 2019 at Recticel

摘要

Brussels,Belgium-Sales at Belgian foamer Recticel in the first half of 2019 were 8°/o lower than the same period in 2018.They were €630.6m in the 2019 first half.Adjusted EBITDA across the business rose by 6,and hit €55.3m of 2019.'Profitability has shown good resilience in unfavourable market circumstances,'said Olivier Chapelle,Recticel's CEO.Falling diisocyanate prices led to price erosion in several markets in the first half of the year,he claimed.