Qurius back to profit in first quarter 2011
(Thomson Reuters ONE) -
Zaltbommel, 28 April 2011 - Software vendor and IT solutions provider Qurius
N.V. reports its first quarter net sales of EUR 24.9 million (Q1 2010 EUR 27.3
million) and EBIT before restructuring EUR 320,000 (Q1 2010 EUR 189,000). This
positive result is partly the effect of the restructuring in all operations of
the company. The company also stepped up its marketing and sales activities,
which resulted into an increase in profitable projects.
+----------------------------------+--------+---------+
| (in EUR x 1,000) | 2011 | 2010 |
+----------------------------------+--------+---------+
| Net sales | 24,859 | 27,278 |
+----------------------------------+--------+---------+
| EBIT (excl. restructuring costs) | 320 | 189 |
+----------------------------------+--------+---------+
| Restructuring costs | -58 | -1,909 |
+----------------------------------+--------+---------+
| EBIT | 262 | -1,720 |
+----------------------------------+--------+---------+
| Net result for the period | 117 | - 1,935 |
+----------------------------------+--------+---------+
| Earnings per share (in EUR) | 0.00 | -0.02 |
+----------------------------------+--------+---------+
"It's encouraging to see that last year's efforts finally start paying off",
says CEO Leen Zevenbergen. "We managed to create a leaner company and at the
same time we improved our position in our focus markets. All countries have
contributed to the positive EBIT. We are on track with our 3-year plan to
transform Qurius from a software reseller to a state of the art IT solutions
provider with a strong portfolio of software solutions and Intellectual
Property. We keep investing in our ERP solutions and CRM offering while building
a complete stack of services and solutions around it. An increasing number of
our solutions are available in the cloud.
We're fully committed to build further on these first achievements. Our
strategic cooperation with Prodware amplifies our improvements and we expect to
see more positive synergy effects during the rest of the year. It will be hard
work to continue the positive trend in our results, but I've noticed that our
offerings and positioning is getting stronger again. I'm confident that Qurius
will improve its performance in all aspects completely in line with our three
year plan."
Management Updates
In the first quarter, Qurius announced new Management in Germany and the
Netherlands. Dieter Grosse-Kreul, former CEO of Unit4 in Germany, succeeded Kay
Laukat as Managing Director of Qurius Germany. Leen Zevenbergen took the lead of
Qurius the Netherlands, after Peter van Haasteren had decided to step down
because of health issues.
New customer wins
Qurius is continuously improving its position in its focus markets by closing
new deals, extending support and hosting contracts and performing upgrade
projects. In the United Kingdom, Qurius signed two significant contracts in the
Waste Management and Recycling Sector: DS Smith Recycling and Palm Recycling and
succeeded in contracting customers in the Food industry (Tea Goetz, tea
wholesaler, and a fast food delivery chain) and in the Logistics industry (NYK
Logistics) in Germany. For HSV Arena GmbH in Hamburg Qurius Germany started a
project to update their existing systems by integrating the membership
administration. In the Netherlands new customer wins/new projects include De
Telefoongids, Van Gansewinkel, Amsterdam RAI (mobile solution) and Fugro.
Qurius and Prodware
On 8 February, Qurius and Prodware announced their entering in exclusive
discussions about collaboration. Qurius has issued 11.3 million new shares to
Prodware, which represent almost 10% of Qurius' share capital. This has
reinforced Qurius' equity position with EUR 2.5 million. The outcome of the
exclusive discussions will be presented to the shareholders in September 2011 at
the latest.
Annual Report and Annual General Meeting
On 14 April 2011, Qurius published its Annual Reportonline and its first
integrated Corporate Social Responsibility Report, according to the G3 standard
of the Global Reporting Initiative, application level C. The Annual General
Meeting of Shareholders will take place at 27 May 2011, at the Qurius
Inspirience Center in Zaltbommel. Agenda and explanatory notes as well as all
additional information can be found on www.qurius.nl/investors.
Qurius N.V.
Qurius provides IT solutions: design, architecture, infrastructure,
implementation and system management of Microsoft-based business and IT
solutions. From our head office in Zaltbommel we serve clients throughout
Europe, including Belgium, Germany, Austria, The Netherlands, Spain, the United
Kingdom and the Czech Republic. In 2010, we openly communicated our objective of
achieving 100% sustainable operations by 2014. In this way, we want to become
the leading European organisation in sustainable IT. We work with clients and
partners who are equally ambitious and have the same sustainability objectives.
Qurius has been listed on the Euronext Amsterdam since 1998. For more
information visit www.qurius.nl
Contact
Qurius NV, Geerd Schlangen, Chief Brand Officer,g.schlangen(at)qurius.com; +31
(0)418 68 35 00
Qurius back to profit in Q1 2011:
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Source: Qurius N.V. via Thomson Reuters ONE
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Datum: 28.04.2011 - 07:31 Uhr
Sprache: Deutsch
News-ID 53964
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contact information:
Town:
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