Hydratec Industries on its way to a good 2021

Friday 29 October 2021, 08:00

AMERSFOORT – Hydratec Industries achieved record revenue in the third quarter, with the result that revenue over the first 3 quarters of 2021 is strongly higher compared to last year and also significantly higher than in the period prior to the Covid-19 pandemic, in 2019. The increased revenue resulted in a considerable rise in Hydratec Industries’ profitability in the third quarter compared to the first half of the year.

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Good half-year results, Hydratec Industries to distribute dividend

Thursday 22 July 2021, 08:00

AMERSFOORT – Hydratec Industries NV started 2021 well. Revenue was 19% higher in the first half of the year than in the same period in 2020, leading to a substantial improvement in the operating result and net profit at both Industrial Systems and Plastic Components.

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Good start to the year for Hydratec Industries

Friday 30 April 2021, 08:00

AMERSFOORT, NETHERLANDS – Hydratec Industries’ operating result in Q1 was substantially higher than in the first quarter of 2020. Revenue remained almost the same in the first quarter of 2021. Higher margins and lower costs have boosted the operating result considerably. Both of Hydratec’s core activities – Industrial Systems and Plastic Components – have improved their results, leading to a significant increase in the net result as well.

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Emerging stronger from the crisis through decisive choices

Friday 5 March 2021, 08:00

AMERSFOORT - At €218 million, Hydratec Industries’ revenue in 2020 remained almost the same as in 2019. EBITDA was €17.6 million in 2020 compared to €18.8 million in 2019. During 2020, an amount of €3.6 million in various COVID-19-related subsidies was received. Despite higher depreciation (€2.2 million of which was non-recurring), restructuring costs of €2.9 million and a non-recurring expense due to terminating activities (€2.3 million), the net profit attributable to shareholders amounted to €1.3 million. Hydratec achieved an operating cash flow of €24.7 million over 2020. Despite the corona crisis Hydratec has maintained a solid financial position. The solvency ratio increased to 31.8% in 2020.

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