Imtech: provides trading update for first 5 months of 2013
(Thomson Reuters ONE) -
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Gouda - Royal Imtech N.V. (IM-AE, technical services provider in and outside
Europe) provides a trading update for the first 5 months of 2013 ahead of its
General Meeting of Shareholders on June 28th.
In line with the first quarter of 2013, trading continues to be difficult in
particular in Germany, the Benelux and the Marine division. Better performing
divisions are UK & Ireland, Nordics and ICT. Revenue for the first 5 months of
2013 totaled EUR 2.043bn, approximately flat versus the first 5 months of 2012.
Results continue to be under pressure again in particular in Germany, the
Benelux and the Marine division. The Group expects the benefits of the
previously announced restructuring program start to kick in in the second half
of the year. The bulk of these headcount reduction plans will be executed in Q3
with the balance in Q4.
Net debt as per end of May amounts to EUR 1.233bn (EUR 1.222bn per 31 March
2013).
More information
Media: Analysts & investors:
Dorien Wietsma Jeroen Leenaers
Director Corporate Communication & CSR Director Investor Relations
T: +31 182 54 35 53 T: +31 182 543 504
E: dorien.wietsma(at)imtech.com E: jeroen.leenaers(at)imtech.com
www.imtech.com www.imtech.com
Imtech profile
Royal Imtech N.V. is a European technical services provider in the fields of
electrical solutions, ICT (information and communication technology) and
mechanical solutions. With 29,000 employees, Imtech achieves annual revenue of
approximately 5.4 billion euro. Imtech holds attractive positions in the
buildings and industry markets in the Netherlands, Belgium, Luxembourg, Germany,
Austria, Eastern Europe, Sweden, Norway, Finland, the UK, Ireland, Turkey and
Spain, the European markets of ICT and Traffic as well as in the global marine
market. In total Imtech serves 24,000 customers. Imtech offers integrated and
multidisciplinary total solutions that lead to better business processes and
more efficiency for customers and the customers they, in their turn, serve.
Imtech also offers solutions that contribute towards a sustainable society - for
example, in the areas of energy, the environment, water and traffic. Imtech
shares are listed on the NYSE Euronext Amsterdam, where Imtech is included in
the AEX Index.
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This press release is for information purposes only and is not intended to
constitute, and should not be construed as, an offer to sell or a solicitation
of any offer to buy securities of Royal Imtech N.V..
PDF: Press Release:
http://hugin.info/130755/R/1712684/568367.pdf
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Source: Imtech via Thomson Reuters ONE
[HUG#1712684]
Unternehmensinformation / Kurzprofil:
Datum: 28.06.2013 - 07:31 Uhr
Sprache: Deutsch
News-ID 274227
Anzahl Zeichen: 4712
contact information:
Town:
Gouda
Kategorie:
Business News
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