26.10.2022 08:00:00 CEST | Re-Match Holding A/S |
Selskabsmeddelelse
Selskabsmeddelelse 20/2022 – Herning, Danmark, 26. oktober 2022 – Hos Re-Match Holding A/S ("Re-Match"), der er en pionér inden for bæredygtig genanvendelse af kunstgræs, tilpasses aktiviteterne til de historisk høje energipriser.
Re-Matchs bestyrelse har i dag besluttet at tilpasse Selskabets aktiviteter til de historisk høje energipriser. Dette indebærer, at Re-Match fremrykker planlagt vedligeholdelse og opgraderinger af den danske fabrik og derfor implementerer et midlertidigt stop for det meste af produktionen. Organisationen tilpasses i den forbindelse til et lavere driftsniveau.
Denne vedligeholdelse og opgradering var planlagt til at finde sted på et senere tidspunkt, men fremrykkes grundet de aktuelt høje energipriser og deres påvirkning af indtjeningen på genanvendelse af kunstgræs. Den planlagte vedligeholdelse og opgradering vil både gøre Selskabet i stand til fremadrettet at køre med færre afbrydelser, samt at operere mere effektivt og med et deraf følgende lavere energiforbrug.
Selskabet forventer at implementere en fleksibel neddrosling af produktionen i 4. kvartal med henblik på at følge udviklingen i energipriser. Derefter vil produktionen i Herning i en periode fokusere på de driftsaktiviteter, som er mindre energikrævende.
Selskabet holder tæt øje med udviklingen i markedet, herunder særligt energipriserne og vil løbende vurdere det rette tidspunkt for at genopstarte fulddriftsproduktion i Herning. Der pågår ligeledes energioptimeringsprojekter, samt undersøgelse af alternative energikilder. Derfor forventer Selskabet i første halvår af 2023 at have en mere stabil energiløsning, der er mindre påvirkelig af volatiliteten i energipriserne.
Dette forventes at resultere i en lavere omsætning end tidligere forventet i den periode, hvor der er et midlertidigt stop for produktionen. Det er for tidligt at forudsige påvirkningen på Selskabets indtjening, eftersom den reducerede omsætning muliggør en reduktion i både energiomkostninger og faste omkostninger.
Øvrige aktiviteter, herunder byggeriet af nye fabrikker i Holland og Frankrig, fortsætter som planlagt.
For mere info kontakt:Investorer: Nikolaj Magne Larsen, CEO, +45 7734 6734 Medier: Martin Plambek, CMO, +45 5211 1125, mp@re-match.com
Certificeret rådgiver: Daniel SandMobil +45 30 27 76 67Beierholm Corporate Finance P/SØstergade 26B1100 KøbenhavnDanmark
Kontakter
Martin Plambek, CMO, +4552111125, mp@re-match.com
Vedhæftninger
Download selskabsmeddelelse.pdf
26.10.2022 08:00:00 CEST | Re-Match Holding A/S |
Company Announcement
Company announcement 20/2022 – Herning, Denmark, 26 October 2022 – At Re-Match Holding A/S ("Re-Match"), a pioneer in the sustainable recycling of artificial turf, the activities are adapted to the historically high energy prices.
Re-Match’s Board of Directors has today decided to adapt the Company’s activities to the historically high energy prices. This entails that Re-Match advances planned maintenance and upgrades of the Danish factory and therefore implements a temporary stop for most of the production. In this context, the organization is adjusted to a lower level of operation.
The maintenance and upgrade were scheduled to take place at a later date, but is moved forward due to the currently high energy prices and their impact on earnings from the recycling of artificial turf. The planned maintenance and upgrade will enable the Company to operate with fewer interruptions in the future, as well as to operate more efficiently and with a consequent lower energy consumption.
The company expects to implement a flexible downscaling of production in Q4 in order to follow the development in energy prices. After that, production in Herning will for a period of time focus on the operational activities that are less energy-intensive.
The Company is keeping a close eye on developments in the market, especially energy prices, and will continuously assess the right time to restart full-scale production in Herning. Energy optimization projects are also ongoing, as well as the study of alternative energy sources. Therefore, in the first half of 2023, the Company expects to have a more stable energy solution that is less vulnerable to the volatility of energy prices.
This is expected to result in lower revenue than previously projected during the period when there is a temporary halt to production. It is too early to predict the impact on the Company’s earnings, as the reduced revenue enables reductions in both energy costs and fixed costs.
Other activities, including the construction of new factories in the Netherlands and France, will continue as planned.
For more info contact:Investors: Nikolaj Magne Larsen, CEO, +45 7734 6734 Media: Martin Plambek, CMO, +45 5211 1125, mp@re-match.com
Certified Advisor: Daniel SandMobile +45 30 27 76 67Beierholm Corporate Finance P/SØstergade 26B1100 CopenhagenDenmark
Contacts
Martin Plambek, CMO, +4552111125, mp@re-match.com
Attachments
Download announcement as PDF.pdf
