2019
Hydratec completes the acquisition of a majority interest in Stork Plastics Machinery BV and Rollepaal Holding BV.
Monday 30 December 2019, 17:00Hydratec Industries NV hereby confirms the acquisition of a 75% interest in Stork Plastics Machinery BV (Hengelo) and Rollepaal Holding BV (Dedemsvaart) from financial services company Wadinko (Zwolle), which retains a 25% interest. The intent to complete this transaction was announced on 30 September. The acquisition was approved by the Extraordinary General Meeting of Shareholders ...
Read moreAppreciable increase in revenue with lower net profit
Friday 8 November 2019, 08:00Hydratec’s consolidated revenue over the first three quarters of 2019 rose by more than 10% in comparison to the same period last year. More than 60% of this increase was autonomous. Due to the combination of a lower gross margin and higher fixed operating costs, profit was lower in comparison to the first three quarters of 2018. Revenue ...
Read moreHydratec intends to acquire a majority interest in Stork Plastics Machinery BV and Rollepaal Holding BV
Monday 30 September 2019, 17:42Hydratec Industries NV is engaged in advanced discussions with financial services company Wadinko (Zwolle) about the acquisition of a 75% interest in Stork Plastics Machinery BV (Hengelo) and Rollepaal Holding BV (Dedemsvaart). Stork Plastics Machinery (Stork IMM) has been a Dutch producer of injection moulding machines for more than 50 years. Stork IMM specialises in machines for the fast and ...
Read moreConsiderable increase in revenue at slightly lower operating profit
Tuesday 25 June 2019, 08:00Key figures for the first half-year 2019 1st half 2019 1st half 2018 (millions of euros) Net revenue 112,813 95,471 Gross margin 56,957 51,319 Operating profit 5,867 6,080 Net profit (attributable to shareholders) 3,745 4,934 Net profit per share (euros) 2.91 3.84 Revenue and results for the first half of 2019 The consolidated revenue amounted to €112.8 million and as such was 18% ...
Read moreHigher revenue leads to considerably higher operating profit in Q1
Wednesday 8 May 2019, 08:00Hydratec’s revenue in the first quarter of 2019 was significantly higher in comparison to the same period last year. The increased revenue also caused operating profit and net profit to rise. Revenue increased in the Plastic Components core activity, as well as in the Agri & Food Systems core activity. At Plastic Components, the increased ...
Read moreSignificant increase in revenue produces 19% improvement in Hydratec’s net profit
Friday 22 March 2019, 08:00Hydratec’s revenue increased by €39 million to €208 million in 2018. Revenue at Agri & Food Systems in particular grew significantly by 45%, of which 30% was autonomous. Plastic Components experienced 8.8% growth, 4.7% of which was autonomous. The operating profit, excluding non-recurring items was €12.4 million (+49%). Including ...
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