2020
Hydratec Industries experiences increase in third quarter revenue; positive net profit
Friday 6 November 2020, 08:00AMERSFOORT – Hydratec Industries’ 2020 third quarter revenue was considerably higher than its second quarter revenue in which COVID-19 had a major impact on revenue and results. Due to this increase, Hydratec Industries posted a positive net profit attributable to its shareholders over the first three quarters of 2020. According to CEO Bart Aangenendt, despite the recovery, it is too early to make any pronouncements concerning the full 2020 financial year.
Read moreDecline in revenue and operating profit
Thursday 23 July 2020, 08:00Key figures for the first half-year 2020 1st half 2020 1st half 2019 (thousands of euros) Net revenue 100,588 112,813 Gross margin 55,944 56,957 Operating profit 3,355 5,867 Net profit (attributable to shareholders) -550 3,745 Net profit per share (euros) -0.43 2.91 Revenue and results for the first half of 2020 The consolidated revenue amounted to €101 million and as such was 11% lower than last year. Rollepaal’s revenue was consolidated in the 2020 figures, but not in the 2019 figures. Due to the corona crisis ...
Read moreHydratec Industries completes exchange of shares and now fully owns Rollepaal
Tuesday 30 June 2020, 18:00Hydratec Industries completes exchange of shares and now fully owns Rollepaal. Hydratec Industries hereby confirms the exchange of shares, whereby Hydratec Industries exchanges its 75% interest in Stork Plastics Machinery BV for 25% of the shares in Rollepaal Holding BV. As a result, Hydratec Industries will fully own Rollepaal. This transaction was announced on 17 June 2020 and went into effect today. The intent is for the Brink Group to subsequently acquire a 75% interest in Stork to supplement ...
Read moreHydratec Industries to exchanges its interest in Stork for the remaining interest in Rollepaal
Wednesday 17 June 2020, 09:00Hydratec Industries to exchange its interest in Stork for the remaining interest in Rollepaal. Hydratec Industries NV has reached agreement with financial services company Wadinko NV about an exchange of shares effective 30 June. Hydratec Industries will exchange its 75% interest in Stork Plastics Machinery BV for 25% of the shares in Rollepaal Holding BV, thereby making it the 100% shareholder in Rollepaal. The intent is for the Brink Group to subsequently acquire a 75% interest in Stork to supplement its ...
Read moreTrading Update Q1: Substantially lower operating profit
Wednesday 6 May 2020, 00:00PRESS RELEASE Amersfoort, 6 May 2020 Trading Update Q1: Substantially lower operating profit Despite recent acquisitions, Hydratec Industries’ revenue did not increase in comparison to the first quarter of 2019. Food & Industrial Systems experienced a very good first quarter last year, while company revenue declined in 2020. Due to this disappointing revenue, Hydratec Industries’ operating profit substantially declined. At Plastic Components, the operating profit for the first quarter was slightly ...
Read moreIn connection with COVID-19, Hydratec Industries is deferring publication of the annual report
Thursday 2 April 2020, 09:00PRESS RELEASE Amersfoort, 2 April 2020. In connection with COVID-19, Hydratec Industries is deferring publication of the annual report. The exceptional circumstances caused by the COVID-19 pandemic entail many disruptions and uncertainties, including the effect and impact of the government measures announced on 30 March 2020. This means that activities relating to the annual report and financial statements are still in progress. As a result, it is currently not possible for Hydratec and its external auditor ...
Read more2019 Financial Statements
Friday 20 March 2020, 08:00PRESS RELEASE Amersfoort, 20 March 2020 Subject: 2019 Financial Statements Hydratec achieves higher operating profit and lower net profit. Hydratec’s revenue increased by €11 million to €220 million in 2019. Revenue at Food & Industrial Systems increased autonomously by 3.5%. Due to higher costs, Food & Industrial companies experienced a drop in net profit. Plastic Components experienced 7.9% growth, 2.5% of which was autonomous. The results ...
Read more