News 2012
Promoted football club PEC Zwolle opts for a GreenFields woven artificial turf field
16 May 2012
After an absence of eight years, PEC Zwolle is now preparing to re-enter the Dutch premier league. PEC Zwolle endeavours to become a stable premier league club. And that deserves a field that is worthy of the premier division in every respect. The club has chosen an artificial turf field produced according to a patented 3D technique from TenCate for producing artificial grass clumps, which is sold worldwide by GreenFields, a subsidiary of TenCate.
TenCate announces conversion ratio
15 May 2012
Following the dividend announcement relating to the dividend for the 2011 financial year of 19 April 2012, Koninklijke Ten Cate nv hereby announces that the number of dividend rights in order to obtain one new ordinary share has been set at 22 dividend rights of ordinary shares with a nominal value of € 2.50 each.
The volume weighted average share price of 7, 8, 9, 10, 11 and 14 May 2012 was EUR 21.2610 per ordinary share and was used as basis for the determination of 22 dividend rights for 1 new ordinary share.
TenCate begins 2012 in line with expectations
27 April 2012
TenCate trading update for the first quarter of 2012
Sales and operating result
| X € million | First quarter 2012 | First quarter 2011 | Change |
| Sales | 257 | 279 | -8% |
| EBITA | 13.2 | 20.1 | -34% |
| Net profit | 5.1 | 10.0 | -49% |
The sales and profit achieved in the first quarter of 2012 are in line with expectations. The comparison with the first quarter of 2011 is not representative, as an exceptionally high level of sales of TenCate Defender ™M was generated last year.
The expectation for 2012 as a whole announced earlier will be maintained, barring unforeseen circumstances.
TenCate and KPMG distance themselves from VEB reporting
23 April 2012
TenCate and KPMG have distanced themselves from the report in a recent newsletter of the Vereniging van Effectenbezitters (VEB) [Asociation of Securities Holders] in respect of an alleged statement by KPMG Accountants during the TenCate Annual General Meeting of Shareholders held on Thursday, 19 April 2012.
Declaration of dividend TenCate for 2011
19 April 2012
During the Annual General Meeting of Shareholders of Royal Ten Cate, which was held on Thursday 19 April 2012, the dividend for the 2011 financial year was declared at € 0.95 (2010: € 0.75) per ordinary share of € 2.50 par value.
TenCate gives premier league club Heracles Almelo a world first
19 April 2012
In the 2012 / 2013 season the premier league club Heracles Almelo will be playing on an innovative synthetic turf pitch from TenCate, which is based on patented weaving technology. This is the first official synthetic turf pitch in which a number of new developments have been combined, resulting in optimum ball and playing performance and full recyclability of the pitch. The club has thus achieved a world first. These technological developments will also be used for the main pitch in the new Heracles Almelo stadium that is to be built.
TenCate Advanced Composites launches App for composite products selection
30 March 2012
TenCate Advanced Composites has launched its first iPad App at the 2012 JEC Composites exhibition in Paris, France. This App focuses specifically on the aerospace and industrial advanced composite product line of TenCate. The new iPad App is available for download to all users through the Apple iTunes Store (search term: ‘TenCate’). The App will also be available shortly on the iPhone and the Android operating system as well.
TenCate Advanced Composites joins National Composites Centre in UK
30 March 2012
TenCate Advanced Composites, as a leading company in the manufacture of advanced thermoplastic and thermoset materials, is now joining as tier 2 member the National Composites Centre based in Bristol, United Kingdom. As multinational company, TenCate aims at working together with primary centres of excellence on research and application of these advanced composite materials.
TenCate acquires Performance Materials Corporation Baycomp
27 March 2012
TenCate has reached an agreement for the strategic acquisition of Performance Materials Corporation Baycomp from Camarillo (California), USA, the American and Canadian specialist company in composite materials moulding and thermoplastic uni-directional tape materials. No financial details will be provided at this stage. TenCate expects the purchase of Performance Materials Corporation Baycomp to be completed on or before April 2nd, 2012.
TenCate Geosynthetics project partner in Yellow River dike monitoring
20 March 2012
TenCate Geosynthetics and AGT International have signed a letter of intent for collaboration on the installation of TenCate GeoDetect® technology in a dike body at the Yellow River in Dayulan (Zhengzhou) in the Henan province in China. TenCate GeoDetect® is a monitoring system based on geotextiles with interwoven fibre optics, which registers changes in embankments and dikes. The system will be used in the AGT Flood Early Warning System.
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