NNN

HOFTEX GROUP AG O.N.

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NBH fundamentals

Key facts

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About

Hoftex Group AG engages in the business of developing, producing, and distributing yarns, fabrics, home decorations, and nonwovens. It operates through the following segments: Hoftex, Neutex, and Tenowo. The Hoftex segment offers traditional products from the spinning sector such as yarns and threads; and applications for technical fabrics and apparel. The Neutex segment provides decorative fabrics as yard goods as well as ready-made household, sun-protective, and industrial textiles. The Tenowo segment is involved in technical textiles and nonwovens for the automotive, construction, and cable industries. The company was founded in 1853 and is headquartered in Hof, Germany.

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NBH does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

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