Recticel stock soars 7.5% after Q3 results and raised EBITDA guidance
The Belgian building insulation specialist posts a strong session following a series of technical levels still within reach. The increase occurs in a French market supported by a rising index.
Revenue up nearly 30% and EBITDA guidance raised
Recticel published this Thursday a third quarter revenue of 201.1 million euros, up 29.6% year-over-year. The group subsequently raises its adjusted EBITDA guidance for 2026, now set at over 70 million euros.
Management nonetheless describes sluggish European construction markets and elevated interest rates that continue to weigh on activity, but growth has accelerated from one quarter to the next, in both reported and organic figures.
During the session, Recticel stock gains 7.42% to €12.16, while the CAC 40 advances 1.07% and the SBF 120 rises 1.07%.
A stock recovering its 20-day MA and approaching its €13.32 resistance
The rebound brings the price to the 20-day moving average (€12.13), while the 50-day MA (€12.56) remains 3.2% above the current price. The latter represents the first obstacle before the €13.32 resistance level, while support is found at €10.96.
Over the week, the stock gains nearly 10%, and it shows a 37.4% gain over one year. The RSI at 50 remains neutral, with no overbought signal despite the session.
