As far as can be ascertained at this stage, no one has been hurt.
For safety reasons, the authorities have closed down the plant, and production has been stopped completely.
Recticel is as of yet unable to assess the damage to the plant or the equipment, nor the full extent of the impact it will have on our production going forward.
Consequently, Recticel has declared force majeure to the customers of the Most plant.
During the force majeure period, Recticel will keep its customers informed about the situation and will cooperate with them in order to minimize to the extent possible the consequences of this unfortunate incident.
°°°Financial calendar
Annual Results 2016
First quarter 2017 trading update Annual General Meeting
First half-year 2017 results
Third quarter 2017 trading update
27.02.2017 (before opening of the stock exchange)
26.04.2017 (before opening of the stock exchange)
30.05.2017 (at 10:00 AM CET)
31.08.2017 (before opening of the stock exchange)
31.10.2017 (before opening of the stock exchange
For additional information
RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)
PRESS
Mr Olivier Chapelle
Tel: +32 2 775 18 01
chapelle.olivier@recticel.com
INVESTOR RELATIONS
Mr Michel De Smedt
Mobile: +32 479 91 11 38
desmedt.michel@recticel.com
Recticel in a nutshell
Recticel is a Belgian Group with a strong European dimension, but it also operates in the rest of the world. Recticel employs about 7,600 people in 97 establishments in 27 countries.
Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.
Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.) and GELTEX® inside. Within the Insulation sub-segment high- quality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck® and Powerwall®. Technological progress and innovation have led to breakthrough at the biggest names in the Automotive industry thanks to Colofast®, Colosense® and Colosense Lite®.
In 2015 Recticel achieved combined sales of EUR 1.33 billion (IFRS 11 consolidated sales: EUR 1.03 billion). Recticel (Euronext: REC - Reuters: RECTt.BR - Bloomberg: REC:BB) is listed on Euronext in Brussels.
The press release is only available in English.
Recticel SA published this content on 23 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 January 2017 08:15:02 UTC.
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