Recticel

Recticel

Specializes in the manufacture and marketing of polyurethane-foam based products. Learn more

Launch date
Employees
Market cap
€707m
Enterprise valuation
€648m (Public information from Sep 2024)
Wetteren East Flanders (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues829m1.0b562m529m595m637m679m
% growth(20 %)25 %(46 %)(6 %)12 %7 %7 %
EBITDA46.9m88.8m50.0m41.6m52.6m65.1m73.3m
% EBITDA margin6 %9 %9 %8 %9 %10 %11 %
Profit63.2m53.5m63.2m3.3m18.4m26.5m32.1m
% profit margin8 %5 %11 %1 %3 %4 %5 %
EV / revenue0.7x1.1x2.0x1.1x1.0x0.9x0.8x
EV / EBITDA12.7x12.7x22.3x14.2x11.6x9.0x7.7x
R&D budget9.3m9.2m4.2m4.6m---
R&D % of revenue1 %1 %1 %1 %---
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DateInvestorsAmountRound
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IPO

N/A

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Total Funding-

Recent News about Recticel

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More about Recticelinfo icon
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Recticel is a specialized insulation company dedicated to combating climate change through advanced insulation solutions. Operating primarily in the European market, Recticel serves a diverse range of clients including construction companies, architects, and developers. The company's core business revolves around the production and distribution of high-performance insulation panels for both roof and wall applications. Recticel's business model is centered on manufacturing and selling these insulation products, generating revenue through direct sales and strategic acquisitions, such as the recent acquisition of REX Panels Profiles in Belgium. This acquisition is aimed at strengthening Recticel's market position and expanding its product offerings. The company is committed to sustainability and innovation, striving to contribute to a carbon-free economy and improve the quality of life for current and future generations.

Keywords: insulation, climate change, carbon-free, construction, roof panels, wall panels, sustainability, innovation, European market, acquisition.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Recticel

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Trimo
ACQUISITION by Recticel Mar 2022
FoamPartner
ACQUISITION by Recticel Nov 2020
Rex Panels & Profiles
ACQUISITION by Recticel Dec 2023