News

  • TenCate grass system

    Heracles Almelo starts using new FIFA Two Star synthetic turf pitch

    The new synthetic turf pitch of premier league club Heracles Almelo in the Polman Stadium in Almelo was delivered by main sponsor TenCate and its project partners on Monday, 9 July. It has now been approved by FIFA in line with the FIFA Two Star standard for synthetic turf football pitches. The pitch is based on the patented 3D synthetic turf clumps technology from TenCate Grass and was installed in just a few weeks by Oranjewoud Realisatie, which was also responsible for the installation of the earlier synthetic turf pitches used by Heracles Almelo.

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  • TenCate net profit €15 million for first half of 2012

    Summary of first half of 2012

    • Decrease in revenues of 9% to €540 million (-17% organic; +4% currency effect; +4% acquisitions / divestments)
    • EBITA €32.3 million; -42% (-48% organic; +4% currency effect; +2% acquisitions / divestments)
    • Net profit €14.7 million (2011: €33.1 million)
    • Revenues of Advanced Textiles & Composites sector show an organic decrease of 25%, due to decline in sales of TenCate Advanced Armour and TenCate Defender™ M product portfolio (related to US defence forces)
    • Positive trends at TenCate Advanced Composites, TenCate Geosynthetics and TenCate Grass (downstream)
    • Net earnings per share -56% to €0.57
    • Adjustment to 2012 profit forecast and sharpening of strategic focus, combined with structural cost reductions, with a future positive effect on EBITA of approximately €25 million on an annual basis (see press release dated 20 July, 2012).

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