Recticel Shares Surge Over 9% Midday Following Miclar Acquisition
Recticel's stock gained 9.13% on Monday, December 1st by midday, reaching a price of 9.92 euros compared to 9.09 euros at last Friday's close. The Belgian insulation panel specialist has seen a significant uptick over the past week, with a weekly performance of 16.3%, while the CAC 40 has declined by 0.74% to 8,062 points. Trading volumes remain moderate as only 0.19% of the capital has been exchanged since the opening.
The excitement around the stock coincides with the announcement on Friday of the acquisition of Miclar Group for 20.5 million euros in cash, an operation whose results will be integrated into Recticel's financial statements starting December 1, 2025. This strategic acquisition aims to strengthen the group's position in the European insulation panel market, where Recticel has already recorded solid performances this year. Additionally, the company announced on Thursday the issuance of 18,500 new shares following the exercise of subscription rights, bringing the total number of shares in circulation to 56,745,420. Over the last three months, the stock has shown a rise of 5.76%, although it remains down by 9.16% over the year, compared to an 11.44% increase for the CAC 40 over the same period.
Technical Analysis Highlights
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Technical analysis highlights a clear breakout above the upper Bollinger band, set at 9.05 euros, with the price now at 9.92 euros. This configuration indicates a sharp acceleration of upward volatility, often observed during major announcements. The 50-day moving average is at 8.69 euros, confirming a positive medium-term dynamic. Concurrently, the Relative Strength Index (RSI) stands at 72, a technically overbought level that suggests a possible short-term exhaustion, although the underlying trend remains bullish.
Financial Indicators and Market Dynamics
The Money Flow Index (MFI) shows a positive value of 0.24, indicating an influx of liquidity into the stock despite relatively contained trading volumes. The immediate resistance threshold, set at 9.10 euros, has been clearly surpassed during the session, potentially paving the way for new highs. The nearest support now lies at 8.38 euros. The one-month volatility is at 5.37%, reflecting a resurgence of nervousness around the stock. Fundamentally, Recticel benefits from a favorable business momentum over several quarters, driven by organic volume growth and a targeted acquisition strategy in the thermal and acoustic insulation sector.
SectorConstruction et infrastructures›Matériaux de construction
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: S1 2026
Key reported figures
Revenue: 390,1 millions d'euros
Quarterly revenue: 390,1 millions d'euros
EBITDA: 34,1 millions d'euros
EBITDA margin: 8,7 %
Net income: -16 millions d'euros
Free cash flow: -17,8 millions d'euros
18,6 millions d'euros
Guidance from the release
we forecast Adjusted EBITDA of approximately EUR 70 million, while broadly sustaining the margin improvement achieved in H1
Risks mentioned
Crise géopolitique au Moyen-Orient entraînant une hausse des coûts
Disponibilité limitée des matières premières en provenance d'Asie
Retards de projets en Europe et de livraisons vers le Moyen-Orient et l'Asie
Opportunities identified
Croissance organique accélérée à 17,3 % au T2, portée par volume, mix et prix
Démarrage de la production de la nouvelle usine de recyclage en Belgique (Wevelgem)
Investissement greenfield aux États-Unis (Tennessee) progressant comme prévu, démarrage T4
Outlook / guidance
Expected EBITDA: 70 millions d'euros
Management commentary: For FY 2026, we forecast Adjusted EBITDA of approximately EUR 70 million, while broadly sustaining the margin improvement achieved in H1.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
