Press releases
Revenue decline slows profit growth
Wednesday 23 October 2024, 17:30AMERSFOORT - Hydratec Industries' revenue for the first nine months of this year is 4.5% lower than in the first three quarters of 2023. The absolute margin is marginally higher than last year. Operating profitability (excluding one-off costs) is markedly higher than in the first three quarters of 2023.
Read moreStable development for Hydratec Industries
Monday 12 August 2024, 17:30AMERSFOORT – Hydratec Industries’ revenue of €137.5 million in the first half-year was 2.8% higher than that in the first half of 2023. The margin also increased. Operating costs were lower, but without nonrecurring costs the costs showed a modest increase. The higher revenue, which was unequally distributed last year, means that the normalised operating result of €13.6 million was €2.8 million higher than in the same period last year. A normalised result of €28.2 million was achieved over 2023 as a whole.
Read moreHydratec Industries announces Interim Dividend
Friday 28 June 2024, 19:15AMERSFOORT – Today, the Offer Memorandum and Position Statement have been published regarding the recommended public option Offer (to be paid in cash or unlisted shares in the Offeror) by Ten Cate Investeringsmaatschappij on all shares of Hydratec Industries. The Board of Directors of Hydratec, after approval by the Supervisory Board, has decided to distribute an interim dividend of €6 per share. Since the Offer is cum dividend, this distributed interim dividend will be deducted from the Cash Offer Price of €142.50. Therefore, the remaining payment for a shareholder under the Cash Offer Price, upon the Offer being declared unconditional, will be €136.50 per share.
Read moreStable development at Hydratec Industries
Wednesday 24 April 2024, 17:30AMERSFOORT - The revenue of Hydratec Industries for the first three months of this year is comparable to the first quarter of 2023. The margin showed modest increase compared to last year. The operational profitability (excluding one-time costs) is higher than in the first quarter of 2023 but lower than the average quarterly profit of last year.
Read moreMr. E. ten Cate steps down from the Supervisory Board of Hydratec Industries N.V. April 16, 2024
Tuesday 16 April 2024, 17:30AMERSFOORT - In anticipation of the upcoming General Meeting of Shareholders, Mr. E. ten Cate has announced his resignation from the Supervisory Board of Hydratec Industries N.V., effective April 16, 2024.
Read moreHydratec Industries posts stable revenue
Thursday 22 February 2024, 22:00AMERSFOORT - Technology company Hydratec Industries achieved revenue of €283 million in 2023 ‒ on par with the previous year’s results. Its operating result stood at €22.0 million, which was €0.2 million higher than last year. Hydratec incurred €6.2 million of one-off costs to dispose of sites and thereby boost efficiency and competitiveness. The net result for shareholders decreased from €15.9 million to €15.7 million.
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