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Taminco announces its full year results for 2009

Ghent, 3 March 2010 - press release

summary

FULL YEAR RESULTS 2009 - Taminco Group NV

Improved profitability based on resilient business model

Record EBITDA in 2009
  • Revenue: € 587 million (down 15% compared with 2008 whereas volume down 7%)
  • EBITDA before one-off items: € 142 million (up € 27 million or 23% compared with 2008)
  • One-off IPO related costs (€ 3.1 million) accounted for in 2009
  • Strong cash generation reduces leverage ratio significantly

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