Recticel Begins 2026 with Strategic Growth Amidst Challenges

Recticel has reported a 6.1% rise in revenue for Q1 2026, increasing from EUR 158.4 million to EUR 168.1 million, primarily driven by acquisitions. The quarter displayed a stark contrast, with a sluggish start but notable momentum by March due to organic growth.

Despite initial pressures from low raw material costs, the geopolitical crisis in the Middle East led to increased raw material and energy costs, raising sales prices in segments like Insulation Boards. An anticipated rise in prices in Q2 is expected.

The company is making progress in its strategic investments, including launching its polyol recycling unit and constructing an Insulated Panels plant in the US, scheduled to commence production by early Q4. Rector Group foresees no material shortages and predicts another growth year, despite geopolitical uncertainties.