TenCate continued to focus on sustainable innovation. Innovation entails investments and costs, while revenues to offset these will only be generated over time.
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
Major steps were taken towards commercialization in 2013 in the developments relating to digital printing and finishing technology, synthetic turf systems, the TenCate ABDSTM active blast countermeasure system and thermoplastic composite material for the automotive industry. These key areas of attention will make a contribution to the future growth of TenCate.'
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
Annual figures for 2013
The revenues for 2013 amounted to € 1,012 million (2012: € 1,049 million). In autonomous terms, revenues decreased by 3% (currency effect -2%; effect of acquisitions / divestments +1%). Revenues generated in private markets rose by 7%, as a result of TenCate sharpening its focus on these markets. This rise in revenues partly offset the government-related decline in revenues.
EBITA in 2013 amounted to € 48.7 million (2012: € 50.1 million). This amount includes € 5.9 million in non-recurring costs (mainly write-downs within the Advanced Textiles & Composites sector). In 2012 this balance amounted to a total of € 8.0 million.
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
The operating result (EBIT) remained the same as in 2012 and amounted to € 35.6 million.
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
The net profit for 2013 amounted to € 19.0 million (2012: € 20.9 million) and net earnings per share, € 0.72 (2012: € 0.81).
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
TenCate announced financial results for 2013. The leading market positions held by TenCate were, nevertheless, maintained in 2013. #
TenCate
News
Articles
Interviews
Webinars
Events
Advertise with us
About Us
Contact Us
Privacy Policy
Terms & Conditions
Cookie Policy