News

  • 23 April 2015

    Advanced Armour

    TenCate trading update for the first quarter of 2015


    Key figures
    in millions of Euros
    First quarter
    2015
    First quarter
    2014
    Revenues 267.7 223.3
    Organic revenue growth + 9% − 6%
    EBITA 9.8 5.5
    Net interest-bearing debt 235.6 209.4
    Debt ratio, Net debt / EBITDA 2.69 2.80

    TenCate recorded a 20% increase in revenues in the first quarter of 2015. On an organic basis, adjusted in part for the higher dollar exchange rate, revenue growth was 9%. The strong revenue growth in the fourth quarter of 2014 relating to composite materials and synthetic turf continued in the first quarter of 2015. Higher sales of TenCate Defender™ M and synthetic turf drove the improvement in margins and earnings. An earnings recovery at TenCate Advanced Armour has not yet materialised.

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  • 9 April 2015

    Advanced Armour

    TenCate shareholders approve 2014 dividend of € 0.50 per share

    During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on Thursday 9 April 2015, the dividend for the 2014 financial year was declared at € 0.50 (2013: € 0.50) per ordinary share of € 2.50 par value. 

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  • 23 March 2015

    Advanced Composites

    TenCate Cetex® thermoplastic composite for AstroMesh® deployable mesh reflector on NASA SMAP spacecraft
    Northrop

    TenCate Advanced Composites, a leading developer and manufacturer of advanced composite materials, provides Northrop Grumman’s Astro Aerospace to utilize TenCate Cetex® thermoplastic composites for the AstroMesh® deployable mesh reflector on the NASA Soil Moisture Active Passive spacecraft. This reflector uses TenCate Cetex® to achieve parabolic shape design, strength, durability, and weight savings.  

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  • 5 March 2015

    Advanced Composites

    TenCate Advanced Composites and Marenco Swisshelicopter announce supply agreement for SKYe SH09 helicopter
    Marenco Swisshelicopter

    TenCate Advanced Composites, a leading supplier of advanced composite materials for aerospace and industrial applications, has been selected by Marenco Swisshelicopter in Mollis, Switserland, as the main supplier of composite materials for the SKYe SH09 next generation, multi-purpose lightweight single-engine helicopter. Marenco Swisshelicopter already holds over 60 orders respectively options on this aircraft. No further financial details will be provided.

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  • 4 March 2015

    Advanced Composites

    TenCate presents high-grade composite solutions at JEC Europe 2015
    JEC 2015

    TenCate Advanced Composites, a leading developer and manufacturer of advanced composite materials, will be highlighting their latest material innovations and technologies for aerospace, automotive and industrial markets during the JEC Europe 2015 exhibition in Paris, France, between 10 and12 March 2015. TenCate will launch several new high-grade products and will showcase a range of customer applications that utilize advanced composites of TenCate.

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