PRESS CONFERENCE / ANALYST MEETING: TODAY, WEDNESDAY 26 AUGUST 2015 START: LOCATION: Hotel Casa 400 (Eerste Ringdijk 4, AMSTERDAM)

Size: px
Start display at page:

Download "PRESS CONFERENCE / ANALYST MEETING: TODAY, WEDNESDAY 26 AUGUST 2015 START: LOCATION: Hotel Casa 400 (Eerste Ringdijk 4, AMSTERDAM)"

Transcription

1 Press Release 26 August 2015 Recovery turnover and results Neways in first half 2015 PRESS CONFERENCE / ANALYST MEETING: TODAY, WEDNESDAY 26 AUGUST 2015 START: LOCATION: Hotel Casa 400 (Eerste Ringdijk 4, AMSTERDAM) P R E S S R E L E A S E NEWAYS ELECTRONICS INTERNATIONAL N.V. FIRST HALF YEAR RESULTS 2015 Number of pages: 9 Recovery turnover and results Neways in first half 2015 SON (the Netherlands), 26 AUGUST NEWAYS ELECTRONICS INTERNATIONAL N.V. (Neways) (Euronext: NEWAY) recorded net turnover of million in the first half of 2015, an increase of 41% (H1 2014: million). The increase was due to the consolidation of BuS Group as of July Organically, turnover was down 6%, largely due to the relatively strong comparable results in the first half of Compared to the second half of 2014, Neways recorded an 8% organic increase in turnover. The operating result was up 40% at 5.9 million (H1 2014: 4.2 million). The order book stood at million as at end-june 2015 (year-end 2014: million). Huub van der Vrande, CEO: In the first half of 2015, we were able to respond effectively to a recovery in demand from our clients compared to the second half of In the past six months the renewed Executive Board began the process of identifying potential improvements and initiated the roll-out of a group-wide programme of improvement dubbed Up to the next level. We want to use this programme to further strengthen our position as a one-stop provider in the Electronic Manufacturing Services market. As a result of the acquisition of BuS Group our distribution across market sectors has improved and enables us to respond more effectively to fluctuations in demand. Partly because of this and based on our current order book

2 and feedback from clients, we expect the first half of the year to be a good indication of the level of business in the second half of Group results Turnover and order book Net turnover increased by 41% to million (H1 2014: million). The acquisition of BuS Group has resulted in a clearly broader distribution of turnover across the various market sectors. The Electronic Manufacturing Services (EMS) market, and the semi-conductor sector in particular, improved in the first half of 2015 when compared to the second half of 2014, and was clearly more stable. The order book increased by 4.6% to million (year-end 2014: million). Gross margin The gross margin came in 37% higher at 75.6 million (H1 2014: 55.1 million). As a percentage of turnover, the gross margin declined to 40.0% in the first half of 2015 (H1 2014: 41.2%). This was largely due to the changed mix following the addition of the BuS Group turnover. Operating expenses The acquisition of BuS Group raised personnel expenses by 34% to 52.1 million in the first half of 2015 (H1 2014: 39.0 million). The average number of FTEs increased by 40% to 2,629 (H1 2014: 1,876), with around 74% of these employed in Western Europe (H1 2014: around 66%) and some 26% in Eastern Europe and Asia (H1 2014: around 34%). Other expenses (including office accommodation costs, production costs and cost of sales) increased to 14.3 million in the first half of 2015 (H1 2014: 10.3 million). Depreciation increased to 3.3 million in the first half of (H1 2014: 1.6 million), also as a result of the acquisition of BuS Group. Operating expenses as a percentage of turnover fell to 36.9% (H1 2014: 38.1%) on the back of cost savings and efficiency improvements introduced. Operating result and operating margin The operating result came in 40% higher at 5.9 million (H1 2014: 4.2 million). This figure includes the integration costs related to BuS Group, which amounted to around 0.3 million in the first half of The operating margin remained unchanged at 3.1% (H1 2014: 3.1%). Financing costs and tax rate Financing costs came in at 1.2 million in the first half of 2015 (H1 2014: 0.1 million) largely on the back of higher interest charges as a result of the financing of the BuS Group acquisition. The tax rate came in at 26% (H1 2014: 27%).

3 Net result Net result from ordinary operations (excluding exceptional income and expenses) came in at 3.5 million, an increase of 16.7% (H1 2014: 3.0 million). Exceptional income and expenses The exceptional charge of 0.1 million, on balance, pertains to the extra depreciation of 0.5 million on intangible fixed assets that resulted from the purchase price allocation and an upward revaluation of 0.4 million of deferred tax claims in Germany. Financial position Shareholders equity and solvency Shareholders equity increased by 6.5% to 70.3 million at end-june 2015 (year-end 2014: 66.0 million). The guaranteed equity (including the subordinated convertible bond loan of 5 million) was 75.3 million). The solvency (guaranteed equity / total equity) stood at 40.0% at end-june 2015 (yearend 2014: 40.5%). Corrected for the capitalised deferred tax claim and intangible fixed assets, solvency came in at 33.6% and therefore met the banks solvency requirement of 32.5%. Net debt At end-june 2015, Neways had net debt of 39.5 million (year-end 2014: 34.8 million). The interest bearing long-term debt stood at 17.7 million at end-june 2015 (year-end 2014: 22.1 million) and the interest bearing short-term debt, including the current (current account) credit facility stood at 23.9 million at end-june 2015 (year-end 2014: 14.5 million). Working capital and net cash flow The working capital (inventories plus receivables less trade payables and other payables) had risen to 63.7 million at end-june 2015 (year-end 2014: 53.5 million). This increase from the year-end 2014 figure was largely due to the higher activity levels. As a percentage of net turnover in the first half year, working capital stood at 34% (year-end 2014: 31%). Inventories measured in days of turnover remained more or less unchanged at 77 days at end-june 2015 (year-end 2014: 76 days). Neways has launched initiatives to improve the turnover rate of inventories. The company maintains its target of a turnover rate of 60 days for the group. The number of outstanding accounts receivable days stood at 37 at end-june 2015 (year-end 2014: 36 days). Neways has a tight receivables management system and uses a supplier finance programme for a number of larger clients, which encourages rapid payments. The total provision for dubious debts stood at 1.1 million at end-june 2015 (year-end 2014: 1.1 million). Net cash flow came in at million in the first half of 2015 (H1 2014: million). The improvement was largely due to reduced utilization of funds from provisions and lower build up of working capital. Investments and return on investments Total investments in tangible and intangible assets amounted to 2.3 million in the period under review (H1 2014: 2.8 million). Investments were largely related to replacement investments and investments in the implementation of the ERP programme. The return on invested capital (operating result as a percentage of invested capital) declined to 6% in the first half of 2015 (H1 2014: 7%). Key strategic and operational developments in H BuS Group Neways began the process of integrating BuS Group in the first half of The acquisition of BuS Group in July 2014 has made Neways a top-5 player in the European EMS market and has given the company a strong position in the important German market. It also strongly improved the distribution

4 the group s activities across market sectors. This was clearly visible in the first half of 2015, especially in the automotive market sector. BuS Group also adds new technological capacity and expertise and the opportunity to share best practices across the combined group, in fields such as component and system development, process innovation and production and supply chain management. We also expect the combination to increase purchasing power and create sourcing synergy opportunities. The combination can also benefit from Neways local presence its existing (low-cost) production capacity in Asia, which will improve BuS Group clients access to competitive and tailor-made solutions. Start roll-out group-wide improvement programme The existing group-wide improvement potential and the introduction of the improvement programme Up to the next level, of which the integration of BuS Group is part, will position Neways for future challenges. As part of this programme, a number of key priorities were identified, with various initiatives started up in the first half of the year, all of which will contribute to Neways positioning as one-stop provider in the EMS market: Strengthening Neways DNA and leadership In 2015, Neways launched the DNA Leadership programme. This is a corporate culture programme developed for all Neways employees. The programme includes training courses for managers within the group, because they play a particularly critical role in the promotion and communication of Neways DNA, in terms of how Neways wants to cooperate internally as a group and with its clients and suppliers. Strengthening sales process Neways serves clients on the basis of the one-stop provider principle. Neways often assumes responsibility for the entire product life cycle in the form of all-inclusive solutions. The more intense cooperation with clients requires a more integral role from Neways. As a result, the key account management role becomes more important and therefore a greater emphasis will be put on the development of market and client know-how. Improvement operational performance operating companies Continuous cooperation between the various operating companies boosts efficiency. Support from wellcoordinated and standardised processes and an efficient supply chain will enable Neways to further improve the combined operational performance. To this end, lean enterprise methods are rolled out across the various operating companies. Enhancing IT systems In the second half of 2015, the first implementation of the new ERP system at Neways Advanced Applications (NAA) will start. The introduction of ERP will, among other things, help to optimise the exchangeability of operating companies data in order to support shared clients more effectively. Following successful implementation at NAA, other operating companies will follow. Optimisation purchasing and supply chain Neways wants to realise a more intense cooperation with its suppliers. This is realised by a reduction of the number of suppliers and develop a relevant dependency, giving suppliers the opportunity to improve service levels. The strategy per sector is determined for which the know-how of suppliers contributes to a more efficient supply chain with added value. Management priorities and outlook In the second half of 2015, the emphasis will be on the roll-out of the group-wide improvement programme Up to the next level started in the first half year, aimed at shaping the Neways one-stop provider model. In financial terms, Neways remains in a good starting position for the full-year This enables Neways to anticipate market developments and constantly respond to changing market sentiments.

5 Based on the order book of million at end-june 2015 (year-end 2014: million) and feedback from clients, Neways is confident that the first half of the year is a good indicator for business levels in the second half of PRESS CONFERENCE / ANALYST MEETING The combined press conference / analyst meeting regarding the first half year results of 2015 will be held today at am at Hotel Casa 400, Eerste Ringdijk 4 in Amsterdam. For more information, please contact: Huub van der Vrande (CEO) / Paul de Koning (CFO) Tel: + 31 (0) Neways Electronics International N.V. P.O. Box 69, 5690 AB SON Neways Electronics International N.V. (Neways) is an international company active in the EMS (Electronic Manufacturing Services) market. Neways offers its clients custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Neways operates in a niche of the EMS market and focuses primarily on small to medium-sized specialist series, in which quality, flexibility and time-tomarket play a crucial role. Neways products are used in sectors such as the semi-conductor, medical, automotive, telecom and defence industries. Neways has operating companies in the Netherlands, Germany, the Czech Republic, Slovakia and China, with a total of 2,611 employees at year-end Neways recorded net turnover of 309 million In Neways is listed on Euronext Amsterdam (symbol: NEWAY). Interim report 2015 The official interim report 2015, as currently compulsory under the EU transparency directive, was also published today and is available on the Neways corporate website ( Agenda - 15 September 2015 Open day shareholders - 3 November 2015 Publication interim trading update - 23 February 2016 Publication 2015 annual results

Year of transition for Neways Improvement programme Up to the next level launched across the group

Year of transition for Neways Improvement programme Up to the next level launched across the group PRESS CONFERENCE / ANALYST MEETING DATE: TODAY, TUESDAY 23 FEBRUARY 2016 TIME: 10.30 hrs LOCATION: Hotel Casa 400 (Eerste Ringdijk 4, AMSTERDAM) P R E S S R E L E A S E NEWAYS ELECTRONICS INTERNATIONAL

More information

Neways posts higher turnover and results in 2016

Neways posts higher turnover and results in 2016 PRESS RELEASE Annual results Neways posts higher turnover and results in 2016 Son (the Netherlands) 3 March 2016 Neways Electronics International N.V. (Euronext: NEWAY) ( Neways or the Company ), today

More information

RESULTS FOR Significant strategic advances in 2007, resumption dividend payment

RESULTS FOR Significant strategic advances in 2007, resumption dividend payment PRESS RELEASE KENDRION N.V. RESULTS FOR 2007 26 FEBRUARY 2008 Significant strategic advances in 2007, resumption dividend payment - Significant headway made with strategy of Focused Acceleration, including

More information

K E N D R I O N N. V. P R E S S R E L E A S E. 1 9 F e b r u a r y

K E N D R I O N N. V. P R E S S R E L E A S E. 1 9 F e b r u a r y K E N D R I O N N. V. P R E S S R E L E A S E 1 9 F e b r u a r y 2 0 1 9 KENDRION MAINTAINS PROFITABILITY FOR THE YEAR DESPITE DIFFICULT AUTOMOTIVE MARKET - Full-year revenue declined by 3% to EUR 448.6

More information

P R E S S R E L E A S E K E N D R I O N N. V. 27 F E B R U A R Y

P R E S S R E L E A S E K E N D R I O N N. V. 27 F E B R U A R Y P R E S S R E L E A S E K E N D R I O N N. V. 27 F E B R U A R Y 2 0 1 3 Difficult market conditions in fourth quarter, profit performance in line with forecast - Slight revenue growth (+1%) in fourth

More information

Date: 6 th September Remko Dieker Secretary to the Managing Board T: I: Chairman s statement

Date: 6 th September Remko Dieker Secretary to the Managing Board T: I:   Chairman s statement Date: 6 th September 2018 Contact: Remko Dieker Secretary to the Managing Board T: +31 20 557 51 80 I: www.kasbank.com Net result of EUR 5.1 million (H1 2017: EUR 8.5 million) Operating income of EUR 51.8

More information

INTERIM REPORT Summary HY Zwolle 02 nd August 2018 INTERIM REPORT 2018

INTERIM REPORT Summary HY Zwolle 02 nd August 2018 INTERIM REPORT 2018 Martin Sallenhag, CEO Reinhard Pusch, COO Arvid Ladega, CFO RoodMicrotec N.V. Rembrandt ; Dokter van Deenweg 58 NL 8025 BC Zwolle +31 38 4215216 @ investor relations@roodmicrotec.com www.roodmicrotec.com

More information

Operating income increased by 4% to EUR 53.6 million (H1 2016: EUR 51.6 million)

Operating income increased by 4% to EUR 53.6 million (H1 2016: EUR 51.6 million) Date: 8 th September 2017 Contact: Remko Dieker Secretary to the Managing Board T: +31 20 557 51 80 I: www.kasbank.com Net result of EUR 8.5 million (H1 2016: EUR 0.9 million) Operating income increased

More information

TomTom reports fourth quarter and full year results

TomTom reports fourth quarter and full year results De Ruyterkade 154 1011 AC Amsterdam, The Netherlands corporate.tomtom.com ir@tomtom.com 28 February 2012 TomTom reports fourth quarter and full year results Financial headlines FY 2011 - Revenue of 1,273

More information

SLIGRO FOOD GROUP 2016 NET PROFIT: 73 MILLION

SLIGRO FOOD GROUP 2016 NET PROFIT: 73 MILLION PRESS RELEASE 2016 results SLIGRO FOOD GROUP 2016 NET PROFIT: 73 MILLION The net profit for the year amounted to 73 million, which is a decrease of 9.1% compared with 2015. As stated in the press release

More information

Unaudited HY Net Sales 5,832 4,919. Gross margin 4,817 4,159. Gross margin as % of net sales 83% 85% EBITDA

Unaudited HY Net Sales 5,832 4,919. Gross margin 4,817 4,159. Gross margin as % of net sales 83% 85% EBITDA Martin Sallenhag, CEO Reinhard Pusch, COO Arvid Ladega, CFO RoodMicrotec N.V. Rembrandt ; Dokter van Deenweg 58 NL-8025 BC Zwolle +31 38 4215216 @ investor-relations@roodmicrotec.com www.roodmicrotec.com

More information

Nedap 2016 annual figures press release

Nedap 2016 annual figures press release Revenue and operating profit rose in 2016 One-off costs of supply chain reorganisation lower than expected Groenlo, Netherlands, 16 February 2017 Nedap s overall revenue was up 3% in 2016, rising to 186.0

More information

Aalberts Industries posts 17% rise in net profit, revenue more than EUR 1 billion

Aalberts Industries posts 17% rise in net profit, revenue more than EUR 1 billion date 28 February 2006 more information J. Aalberts phone +31 (0)343 565 080 e-mail info@aalberts.nl Aalberts Industries posts 17% rise in net profit, revenue more than EUR 1 billion 2005 good year with

More information

SCANIA INTERIM REPORT JANUARY SEPTEMBER 2004

SCANIA INTERIM REPORT JANUARY SEPTEMBER 2004 1 November 2004 The first nine months of 2004 turned out well, and volume rose in practically all markets. The new truck range has been well received by customers and the trade press. The changeover of

More information

P R E S S R E L E A S E K E N D R I O N N. V. 2 8 F E B R U A R Y

P R E S S R E L E A S E K E N D R I O N N. V. 2 8 F E B R U A R Y P R E S S R E L E A S E K E N D R I O N N. V. 2 8 F E B R U A R Y 2 0 1 1 Excellent fourth quarter; net profit for 2010: EUR 16.6 million Fourth-quarter revenue: EUR 59 million (+46%) Normalised net profit

More information

ACCELL GROUP BOOKS HIGHER TURNOVER AND LOWER PROFIT; REFINES STRATEGY, ACCELERATES ROLL-OUT

ACCELL GROUP BOOKS HIGHER TURNOVER AND LOWER PROFIT; REFINES STRATEGY, ACCELERATES ROLL-OUT PRESS RELEASE Full year results 2017 Number of pages: 14 ACCELL GROUP BOOKS HIGHER TURNOVER AND LOWER PROFIT; REFINES STRATEGY, ACCELERATES ROLL-OUT HEERENVEEN (THE NETHERLANDS), 9 March 2018 Accell Group

More information

Improved profitability as simplification measures reduce cost

Improved profitability as simplification measures reduce cost K E N D R I O N N. V. I N T E R I M R E P O R T 2 0 1 6 1 8 A u g u s t 2 0 1 6 Improved profitability as simplification measures reduce cost - Revenue for Q2 2016 stable at EUR 114.1 million (Q2 2015:

More information

Statement by the Board of Directors on internal control 41

Statement by the Board of Directors on internal control 41 CONTENTS Company profile 4 List of operating companies and their activities 5 Key developments in 2004 6 The Neways group in the last five years 8 Strategy and objectives 9 Risk factors 11 Corporate governance

More information

IMCD reports 25% EBITA growth in 2018

IMCD reports 25% EBITA growth in 2018 Press release IMCD reports 25% EBITA growth in 2018 Rotterdam, The Netherlands (1 March 2019) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food ingredients, today

More information

P R E S S R E L E A S E K E N D R I O N N. V. I N T E R I M R E P O R T A U G U S T

P R E S S R E L E A S E K E N D R I O N N. V. I N T E R I M R E P O R T A U G U S T P R E S S R E L E A S E K E N D R I O N N. V. I N T E R I M R E P O R T 2 0 1 2 2 3 A U G U S T 2 0 1 2 GROWTH SLOWDOWN IN SECOND QUARTER OF 2012 - Second-quarter revenue: EUR 74 million (+ 9% from Q2

More information

Analysts' meeting Interim results 2013 Kendrion N.V. Agenda

Analysts' meeting Interim results 2013 Kendrion N.V. Agenda Analysts' meeting Interim results 2013 Kendrion N.V. Speaker: Piet Veenema / Frank Sonnemans Date: Wednesday 21 August 2013 Agenda 1. Kendrion at a glance 2. Key figures first six months of 2013 3. Highlights

More information

PRESS RELEASE. Sales came to million in 2009, down 0.5% compared with 2008, or down 0.3% at constant exchange rates.

PRESS RELEASE. Sales came to million in 2009, down 0.5% compared with 2008, or down 0.3% at constant exchange rates. 2009: A ROBUST PERFORMANCE IN A PARTICULARLY CHALLENGING ENVIRONMENT Current operating margin1 maintained at 25.7% of sales 2009 dividend: 3.80 euros per share Full-year sales virtually unchanged: -0.3%

More information

The retail formats ensure products of good quality, offer customers the best advice and always the best possible deal.

The retail formats ensure products of good quality, offer customers the best advice and always the best possible deal. Half-year figures 2017 Profile Beter Bed Holding is a European retail organisation that strives to offer its customers a comfortable and healthy night s rest every night at an affordable price. The company

More information

SCANIA INTERIM REPORT JANUARY SEPTEMBER 2005

SCANIA INTERIM REPORT JANUARY SEPTEMBER 2005 1 November 2005 SCANIA INTERIM REPORT JANUARY SEPTEMBER 2005 Based on Scania s order bookings during the second and third quarter, and given the current production rate, our assessment is that this year

More information

INTERIM REPORT Zwolle, Thursday 25 August 2016

INTERIM REPORT Zwolle, Thursday 25 August 2016 Zwolle, Thursday 25 August 2016 INTERIM REPORT 2016 RoodMicrotec saw stable year-on-year sales in the first-half of 2016, providing a solid platform for forecast growth in the remainder of this year and

More information

Increase in turnover and result in all segments

Increase in turnover and result in all segments Press release TKH Group N.V. (TKH) Results first half year 2018 Increase in turnover and result in all segments Highlights second quarter 2018 Turnover growth of 13.5% to 414.7 million organic growth +13.0%.

More information

HALF-YEAR REPORT SLIGRO FOOD GROUP NET PROFIT 29 MILLION

HALF-YEAR REPORT SLIGRO FOOD GROUP NET PROFIT 29 MILLION HALF-YEAR REPORT Sligro Food Group 2018 SLIGRO FOOD GROUP NET PROFIT 29 MILLION Sales from continued operations in the first half of 2018 were 1,131 million, up 11.0% on the corresponding period in 2017.

More information

Kendrion reports 6% revenue and 35% profit growth in strong first quarter

Kendrion reports 6% revenue and 35% profit growth in strong first quarter K E N D R I O N N. V. P R E S S R E L E A S E 3 M a y 2 0 1 7 Kendrion reports 6% revenue and 35% profit growth in strong first quarter - Revenue growth for Q1 2017 of 6% to EUR 118.3 million (Q1 2016:

More information

CONFERENCE CALL First nine months 2017 results

CONFERENCE CALL First nine months 2017 results CONFERENCE CALL First nine months 2017 results IMCD N.V. 8 November 2017 Page 2 Disclaimer This presentation may contain forward looking statements. These statements are based on current expectations,

More information

PRESS RELEASE ARCADIS REPORTS FULL YEAR RESULTS Return to organic growth and improved financial results

PRESS RELEASE ARCADIS REPORTS FULL YEAR RESULTS Return to organic growth and improved financial results PRESS RELEASE Arcadis N.V. Gustav Mahlerplein 97-103 P.O. Box 7895 1008 AB Amsterdam The Netherlands Tel +31 20 2011 011 www.arcadis.com ARCADIS REPORTS FULL YEAR RESULTS 2017 Return to organic growth

More information

IMCD reports 10% EBITA growth in the first nine months of 2017

IMCD reports 10% EBITA growth in the first nine months of 2017 Press release IMCD reports 10% EBITA growth in the first nine months of Rotterdam, The Netherlands (8 November ) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food

More information

SCANIA SIX-MONTH REPORT JANUARY JUNE 2004

SCANIA SIX-MONTH REPORT JANUARY JUNE 2004 26 July 2004 SCANIA SIX-MONTH REPORT JANUARY JUNE 2004 The first half of this year turned out well. The new Scania R-series has been well received by customers and the trade press. Changeovers of production

More information

Van Lanschot Kempen: solid performance and proposal to return capital

Van Lanschot Kempen: solid performance and proposal to return capital PRESS RELEASE s-hertogenbosch, the Netherlands, 22 August 2018 Van Lanschot Kempen: solid performance and proposal to return capital Net result at 39.3 million (H1 2017: 62.3 million), underlying net result

More information

Aalberts Industries posts 27% rise in net profit, organic growth in turnover 7%

Aalberts Industries posts 27% rise in net profit, organic growth in turnover 7% date 2 March 2005 more information e-mail J. Aalberts info@aalberts.nl phone +31 (0)343 565 080 Aalberts Industries posts 27% rise in net profit, organic growth in turnover 7% 2004 excellent year thanks

More information

PRESS RELEASE ARCADIS TRADING UPDATE Q KEY FIGURES in millions Period ended 30 September

PRESS RELEASE ARCADIS TRADING UPDATE Q KEY FIGURES in millions Period ended 30 September PRESS RELEASE ARCADIS TRADING UPDATE Q3 2017 Gross revenues 766 million. Net revenues 585 million, organically +3% EBITDA 50 million, +2%; Operating EBITA 45 million, +4% Net working capital 19.8% (Q3

More information

Lucas Bols reports strong revenue and net profit growth

Lucas Bols reports strong revenue and net profit growth 8 June 2017 Full-year results 2016/17 (1 April 2016 2017) Lucas Bols reports strong revenue and net profit growth Highlights full-year 2016/17 Strong revenue growth of 10.8% to 80.5 million as a result

More information

FLOW TRADERS REPORTS MARKET SHARE GAINS IN 2Q17 AND ANNOUNCES INTERIM DIVIDEND OF 0.30

FLOW TRADERS REPORTS MARKET SHARE GAINS IN 2Q17 AND ANNOUNCES INTERIM DIVIDEND OF 0.30 For immediate release FLOW TRADERS REPORTS MARKET SHARE GAINS IN 2Q17 AND ANNOUNCES INTERIM DIVIDEND OF 0.30 Amsterdam, the Netherlands, 28 July 2017 - Flow Traders N.V. (Euronext: FLOW) today announced

More information

SCANIA INTERIM REPORT JANUARY MARCH 2004

SCANIA INTERIM REPORT JANUARY MARCH 2004 27 April 2004 SCANIA INTERIM REPORT JANUARY MARCH 2004 The year has started better than expected. Scania launched the new R-series at the end of March and the reception in our sales organisation has been

More information

Statement by the Board of Directors on internal control 43

Statement by the Board of Directors on internal control 43 C O N T E N T S Company profile 3 List of operating companies and their activities 4 Key developments in 2005 5 The Neways group in the last five years 7 Strategy and objectives 8 Risk factors and risk

More information

CONFERENCE CALL First nine months 2018 results. IMCD N.V. 7 November 2018

CONFERENCE CALL First nine months 2018 results. IMCD N.V. 7 November 2018 CONFERENCE CALL First nine months 2018 results IMCD N.V. 7 November 2018 Page 2 Disclaimer This presentation may contain forward looking statements. These statements are based on current expectations,

More information

BUSINESS REVIEW Q3/2018 / CRAMO PLC Q3

BUSINESS REVIEW Q3/2018 / CRAMO PLC Q3 BUSINESS REVIEW /2018 / CRAMO PLC 1 PROFITABLE GROWTH CONTINUED BUSINESS REVIEW /2018 / CRAMO PLC JULY SEPTEMBER 2018 Sales EUR 197.9 (191.9) million, up by 3.1%. In local currencies, sales grew by 7.5%.

More information

Lucas Bols reports substantially higher net profit for full year 2015/16 on lower revenue and operating result

Lucas Bols reports substantially higher net profit for full year 2015/16 on lower revenue and operating result 9 June 2016 Full year results 2015/16 (1 April 2015 31 March 2016) Lucas Bols reports substantially higher net profit for full year 2015/16 on lower revenue and operating result Highlights full year 2015/16

More information

SLIGRO FOOD GROUP S 2017 NET PROFIT: 81 MILLION

SLIGRO FOOD GROUP S 2017 NET PROFIT: 81 MILLION PRESS RELEASE 2017 results SLIGRO FOOD GROUP S 2017 NET PROFIT: 81 MILLION Net profit for the year amounted to 81 million, which is an increase of 9.9% compared with 2016. Sales in 2017 amounted to 2,970

More information

Revenue up 5%; operating profit up 22%

Revenue up 5%; operating profit up 22% 2018 annual figures press release 1/11 Revenue up 5%; operating profit up 22% Recurring revenue grew by 20% Groenlo, the Netherlands, 14 February 2019 Highlights of the 2018 financial year Revenue grew

More information

Press release from ASSA ABLOY AB (publ)

Press release from ASSA ABLOY AB (publ) Press release from ASSA ABLOY AB (publ) 9 August 1999, No. 14 INTERIM REPORT JANUARY-JUNE 1999 Sales increased by 18 percent to SEK 4,920 M (4,163) Income before taxes increased by 24 percent to SEK 423

More information

Scania Year-end Report January December 2016

Scania Year-end Report January December 2016 17 March 2017 Scania Year-end Report January December 2016 Summary of the full year 2016 Operating income excluding items affecting comparability rose by 6 percent to SEK 10,184 m. (9,641), resulting in

More information

IMCD reports 17% EBITA growth in the first three months of 2018

IMCD reports 17% EBITA growth in the first three months of 2018 Press release IMCD reports 17% EBITA growth in the first three months of Rotterdam, The Netherlands (9 May ) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food ingredients,

More information

Media release. Winterthur, March 18, 2015 Page 1/7

Media release. Winterthur, March 18, 2015 Page 1/7 Media release Rieter Holding Ltd. Klosterstrasse 32 P.O. Box CH-8406 Winterthur T +41 52 208 71 71 F +41 52 208 70 60 www.rieter.com Winterthur, March 18, 2015 Page 1/7 2014 financial year: double-digit

More information

REPORT ThIRD QUARTER 2011

REPORT ThIRD QUARTER 2011 Imagine the result REPORT third QUARTER 2011 2 Introduction Arcadis nv Report third quarter 2011 Organic revenue growth remains at good level with 3% in the quarter U.S. environmental market, South America

More information

BUSINESS REVIEW Q1/2018 / CRAMO PLC Q1

BUSINESS REVIEW Q1/2018 / CRAMO PLC Q1 BUSINESS REVIEW /2018 / CRAMO PLC 1 BUSINESS REVIEW /2018 / CRAMO PLC STRONG FIRST QUARTER FOR BOTH DIVISIONS - KBS INFRA INCLUDED FROM 1 ST OF MARCH JANUARY MARCH 2018 Sales EUR 175.3 (162.9) million,

More information

Half-year report 2013

Half-year report 2013 Half-year report 2013 Adjusted net profit in FY13 H1: 21.9 million (FY12 H1: 27.9 million) Adjusted net profit in FY13 Q2: 12.7 million ( 0.18 per share) Interim dividend 0.13 per share Strong growth of

More information

* Comparative figures have been adjusted in response to the adjustments in IAS 19R from 1 January 2013.

* Comparative figures have been adjusted in response to the adjustments in IAS 19R from 1 January 2013. Date: 20 February 2014 For information: M.G.F.M.V. Janssen Secretary to the Managing Board T: +31 20 5575230 I: www.kasbank.com Total profit 13% lower at EUR 12.3 million as a result of reorganisation

More information

Rabobank posts EUR 1,516 million net profit in first half of 2017 Transition progress tangible across the bank

Rabobank posts EUR 1,516 million net profit in first half of 2017 Transition progress tangible across the bank Press Release 17 August 2017 Rabobank posts EUR 1,516 million net profit in first half of 2017 Transition progress tangible across the bank Rabobank posted a net profit of EUR 1,516 million in the first

More information

PRESS RELEASE TRADING UPDATE

PRESS RELEASE TRADING UPDATE PRESS RELEASE TRADING UPDATE OPERATING RESULT OF 32-37 MILLION AND NET RESULT OF 17-22 MILLION EXPECTED IN H1 2009 (BOTH EXCLUDING NON-RECURRING ITEMS) STRONG FOCUS ON CASH AND DEBT REDUCTION Headlines:

More information

EMPOWERING INNOVATION

EMPOWERING INNOVATION EMPOWERING INNOVATION INTERIM REPORT THIRD QUARTER 2017 This English translation is for information purposes only. In case of any discrepancies between this version and the Swedish, the Swedish version

More information

INTERIM REPORT. 1 January 31 March THE FIRST QUARTER. Net revenue totalled SEK 504 million (410) Operating profit amounted to SEK 61 million (52)

INTERIM REPORT. 1 January 31 March THE FIRST QUARTER. Net revenue totalled SEK 504 million (410) Operating profit amounted to SEK 61 million (52) INTERIM REPORT 1 January 31 March 2018 THE FIRST QUARTER Net revenue totalled SEK 504 million (410) Operating profit amounted to SEK 61 million (52) Profit before tax amounted to SEK 56 million (48) Profit

More information

Arcadis delivers an 11% increase of net income from operations to 137 million in 2015

Arcadis delivers an 11% increase of net income from operations to 137 million in 2015 PRESS RELEASE Arcadis delivers an 11% increase of net income from operations to 137 million in 2015 ARCADIS NV Gustav Mahlerplein 97-103 P.O. Box 7895 1008 AB Amsterdam The Netherlands Tel +31 20 2011

More information

TomTom NV Q2 results: strong increase in revenues and net profit. Second quarter 2005

TomTom NV Q2 results: strong increase in revenues and net profit. Second quarter 2005 TomTom NV Q2 results: strong increase in revenues and net profit Financial highlights: Second quarter 2005 Revenue of 114.8 million, up 221% on the prior year and 73% on the previous quarter 262,000 integrated

More information

Interim Report January March 2017

Interim Report January March 2017 First Quarter - 2017 Interim Report January March 2017 Order intake was MSEK 1,314.0 (1,142.0), which is an overall growth of.1% adjusted to 4.7% for acquisitions of MSEK 118.0. The overall year to date

More information

TomTom Reports Third Quarter Results 2007 Record units shipped and record profits

TomTom Reports Third Quarter Results 2007 Record units shipped and record profits TomTom Reports Third Quarter Results 2007 Record units shipped and record profits Third quarter 2007 financial highlights Revenue of 427 million, up 12% sequentially and up 21% year on year Portable Navigation

More information

Double digit growth; gross profit up 16%

Double digit growth; gross profit up 16% Randstad Holding nv Diemermere 25, Diemen P.O. Box 12600, NL-1100 AP Amsterdam z.o. Press release Date October 24, 2007 For more information Machteld Merens/Bart Gianotten Telephone +31 (0)20 569 56 23

More information

Net profit and earnings per share +12%

Net profit and earnings per share +12% Net profit and earnings per share +12% Langbroek, 28 February 2017 Highlights o Revenue +2% to EUR 2,522 million (organic +1.1%) o Operating profit (EBITA) +10% to EUR 298 million; EBITA-margin 11.8% o

More information

Interim accounts as at 30 June 2018

Interim accounts as at 30 June 2018 Interim accounts as at 30 June 2018 Company report Report by the Board of Directors 2 Information for shareholders 5 Interim accounts as at 30 June 2018 Consolidated balance sheet 6 Consolidated statement

More information

Reports Fourth Quarter and Full Year Results 2006 Record Quarterly Revenue and Earnings

Reports Fourth Quarter and Full Year Results 2006 Record Quarterly Revenue and Earnings Reports Fourth Quarter and Full Year Results 2006 Record Quarterly Revenue and Earnings Fourth quarter financial highlights Compared with Q4 2005 Revenue increased by 65% to 478 million 1.9 million portable

More information

Annual results Analysts' meeting. Wednesday 27 February Agenda

Annual results Analysts' meeting. Wednesday 27 February Agenda Annual results 2012 Analysts' meeting Wednesday 27 February 2013 Agenda 1. Kendrion at a glance 2. 2012 Highlights 3. Key figures for 2012 and financial objectives 4. Review of business units 5. Financial

More information

FULL YEAR RESULTS AND DEVELOPMENTS March 2018

FULL YEAR RESULTS AND DEVELOPMENTS March 2018 FULL YEAR RESULTS AND DEVELOPMENTS 2017 6 March 2018 CONTENTS 1 Highlights & progress strategy 2017 2 Developments solutions segments 3 Financial performance 4 Outlook 5 Questions & answers 2 FY Results

More information

Earnings per share from continuing operations up 13.4% to 50 cents

Earnings per share from continuing operations up 13.4% to 50 cents Robust second quarter performance of TNT Outlook adjusted upwards 2006 Second Quarter Results Highlights 10.7% operating income growth in the second quarter Revenue growth in all business segments All

More information

IMCD reports 9% EBITA growth in Q1 2015

IMCD reports 9% EBITA growth in Q1 2015 Press release IMCD reports 9% EBITA growth in Q1 Rotterdam, The Netherlands (29 April ) - IMCD N.V. ( IMCD or Company ), a leading distributor of speciality chemicals and food ingredients, today announces

More information

hms networks First quarter Last twelve months INTERIM REPORT 2017 JANUARY - MARCH

hms networks First quarter Last twelve months INTERIM REPORT 2017 JANUARY - MARCH hms networks INTERIM REPORT JANUARY - MARCH Last twelve months Net sales for the last twelve months amounted to SEK 1 030 m (732) corresponding to a 37 % increase in local currencies. The revaluation of

More information

METRO QUARTERLY STATEMENT 9M/Q3 2017/18

METRO QUARTERLY STATEMENT 9M/Q3 2017/18 CONTENT 2 Overview 4 Sales, earnings and financial position 5 Earnings position of the sales lines 5 8 Real 9 Others 10 Outlook 11 Store network 12 Income statement 13 Balance sheet 15 Cash flow statement

More information

HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP. Deliver.

HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP. Deliver. HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP Deliver. 2 GROUP KEY FIGURES Group Key Figures Figures in million 1 6/2014 1 6/2013 Change Premiums written 2,856.2 2,725.2 + 4.8 % Savings portion from unit-

More information

INTERIM FINANCIAL REPORT H Company announcement no. 637

INTERIM FINANCIAL REPORT H Company announcement no. 637 INTERIM FINANCIAL REPORT H1 2016 Company announcement no. 637 5 August 2016 Selected financial and operating data for the period 1 January 30 June 2016 (DKKm) Q2 2016 Q2 2015 YTD 2016 YTD 2015 Net revenue

More information

18 February 2014 Amsterdam, The Netherlands

18 February 2014 Amsterdam, The Netherlands PRESS RELEASE 18 February 2014 Amsterdam, The Netherlands 4Q13 results: Higher adjusted operating income Reported operating income 88m (4Q12: (52)m), reported revenues 1,704m (-4.6%) Higher adjusted operating

More information

PRESS RELEASE. 26 April

PRESS RELEASE. 26 April PRESS RELEASE BE Semiconductor Industries Announces Q1-18 Results Solid Performance as Revenue and Net Income Up 40.5% and 52.7%, Respectively, vs. Q1-17 Duiven, the Netherlands, April 26, 2018 - BE Semiconductor

More information

Automotive grows profitably Defence more than doubles order intake

Automotive grows profitably Defence more than doubles order intake 1st QUARTER 2018 Automotive grows profitably Defence more than doubles order intake Consolidated sales decline slightly to 1,260 million in the first quarter with stable earnings margin Consolidated operating

More information

highlights key figures dividend outlook organic revenue growth +5% earnings per share +16% continued investments in growth and innovations

highlights key figures dividend outlook organic revenue growth +5% earnings per share +16% continued investments in growth and innovations organic revenue growth +5% earnings per share +16% continued investments in growth and innovations Utrecht, 26 February 2019 highlights revenue +2% to EUR 2,759 million (organic +5%) operating profit (EBITA)

More information

B&S Group reports 9.8% turnover growth in first half 2018 Acquisition in leading US discount retailer FragranceNet.com underlines growth strategy

B&S Group reports 9.8% turnover growth in first half 2018 Acquisition in leading US discount retailer FragranceNet.com underlines growth strategy PRESS RELEASE B&S Group reports 9.8% turnover growth in first half 2018 Acquisition in leading US discount retailer FragranceNet.com underlines growth strategy Larochette, Luxembourg August 28, 2018 B&S

More information

Scania Interim Report January September 2017

Scania Interim Report January September 2017 30 October 2017 Scania Interim Report January September 2017 Summary of the first nine months of 2017 Operating income, excluding items affecting comparability, amounted to SEK 9,080 m. (7,492) Operating

More information

TomTom Reports fourth quarter and full year results 2007

TomTom Reports fourth quarter and full year results 2007 TomTom Reports fourth quarter and full year results 2007 Record revenue and profit Fourth quarter 2007 financial highlights Revenue of 634 million, up 49% sequentially and up 33% year-on-year Portable

More information

Heineken N.V. reports on 2018 first quarter trading

Heineken N.V. reports on 2018 first quarter trading Heineken N.V. reports on 2018 first quarter trading Amsterdam, 18 April 2018 Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) today publishes its trading update for the first quarter of 2018. KEY HIGHLIGHTS

More information

INTERIM REPORT ORDINA N.V

INTERIM REPORT ORDINA N.V INTERIM REPORT ORDINA N.V. 2013 1 CONTENTS About Ordina 3 Statement from the Management Board 4 Key figures 5 Highlights first half 2013 6 Stépan Breedveld, Ordina CEO, on the results 6 Outlook 6 Market

More information

Scania Interim Report January June 2017

Scania Interim Report January June 2017 28 July 2017 Scania Interim Report January June 2017 Summary of the first six months of 2017 Operating income rose to SEK 6,464 m. (1,316) Operating income, excluding items affecting comparability, amounts

More information

BAM raises profit outlook for 2007 after a good first half year

BAM raises profit outlook for 2007 after a good first half year Runnenburg 9, 3981 AZ Bunnik / P.O. Box 20, 3980 CA Bunnik The Netherlands Telephone +31 (0)30 659 89 88MRO bank s-gravenhage 43.00.08.937 Date 6 September 2007 No. of pages 11 BAM raises profit outlook

More information

Despite strong headwind from raw material prices, inflation and currencies, REBITDA remains steady

Despite strong headwind from raw material prices, inflation and currencies, REBITDA remains steady Press Release Regulated Information FY 2017 results Under embargo until Thursday 22 February 2018 at 7:00 a.m. CET Despite strong headwind from raw material prices, inflation and currencies, REBITDA remains

More information

PRESS RELEASE REGULATED INFORMATION

PRESS RELEASE REGULATED INFORMATION 31/08/2009 PRESS RELEASE REGULATED INFORMATION CONSOLIDATED RESULTS OVER FIRST HALFYEAR 2009 Net sales decrease with 14% over first half year EBITDA margins under pressure strong focus on costs reductions

More information

New record results for a third quarter

New record results for a third quarter New record results for a third quarter The third quarter of 2018 Net turnover amounted to SEK 6,119 M (6,302), a decrease of 3 per cent. Operational earnings amounted to SEK 221 M (200). The improved profit

More information

METRO COMBINED QUARTERLY STATEMENT 9M/Q3 2016/17

METRO COMBINED QUARTERLY STATEMENT 9M/Q3 2016/17 ! " Preliminary note On 6 February 2017, the Annual General Meeting of METRO AG (registered in the trade register of the Local Court of Düsseldorf under HRB 39473) decided on the demerger of METRO GROUP

More information

P R E S S R E L E A S E

P R E S S R E L E A S E P R E S S R E L E A S E from ASSA ABLOY AB (publ) 27 April 2004 No. 5/04 ASSA ABLOY Q1: ORGANIC GROWTH AND IMPROVED MARGINS IN ALL DIVISIONS Sales in the first quarter increased organically by 3% to SEK

More information

CONTENTS REPORT ON THE FIRST HALF OF RESPONSIBILITY STATEMENT 7 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 8 CONSOLIDATED INCOME STATE

CONTENTS REPORT ON THE FIRST HALF OF RESPONSIBILITY STATEMENT 7 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 8 CONSOLIDATED INCOME STATE KAS BANK N.V. REPORT ON THE FIRST HALF OF 2017 CONTENTS REPORT ON THE FIRST HALF OF 2017 3 RESPONSIBILITY STATEMENT 7 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS 8 CONSOLIDATED INCOME STATEMENT

More information

ELECTROCOMPONENTS 2019 half-year financial results

ELECTROCOMPONENTS 2019 half-year financial results ELECTROCOMPONENTS 2019 half-year financial results 20 November 2018 SAFE HARBOUR This presentation contains certain statements, statistics and projections that are or may be forward-looking. The accuracy

More information

Year-end report 1 January 31 December

Year-end report 1 January 31 December Year-end report 1 January 31 December 2016 THE FULL YEAR Continuing operations Net revenue totalled SEK 1,052 million (1,052) Profit before tax amounted to SEK 92 million (85) Profit after tax amounted

More information

Volvo Car GROUP interim report

Volvo Car GROUP interim report Volvo Car GROUP interim report QUARTER ONE Volvo Car ab (556810-8988) INTERIM report JANUARY-MARCH Gothenburg, APRIL 25 TH, QUARTER ONE Volvo Cars retail sales at 120,591 (107,721) units Net revenue at

More information

Another quarter of strong revenues and net profit growth

Another quarter of strong revenues and net profit growth Third quarter 2005 Another quarter of strong revenues and net profit growth Financial highlights: Revenue of 250.0 million, up 373% on the prior year and 118% on the previous quarter 538,000 integrated

More information

Excellent 2016 results, net income +22% yoy Well on track for Altran Ignition

Excellent 2016 results, net income +22% yoy Well on track for Altran Ignition Press release March 9 th, 2017 Publication of the 2016 results Excellent 2016 results, net income +22% yoy Well on track for Altran 2020. Ignition Consolidated revenues: 2.120bn (+9.0% yoy and +5.9% organic

More information

QUARTERLY STATEMENT Q1 2016/17

QUARTERLY STATEMENT Q1 2016/17 QUARTERLY STATEMENT Q1 2016/17 P. 2 3 Overview 3 Sales, earnings and financial position 5 Sales lines 5 METRO Cash & Carry 6 Media-Saturn 7 Real 7 Others 8 Outlook 9 Store network 10 Reconciliation of

More information

RepoRt first quarter 2011

RepoRt first quarter 2011 Imagine the result report first quarter 2011 2 Introduction ARCADIS NV Report first quarter 2011 Gross revenues increase 4%; net income from operations up 8% Organic revenue growth continues and came out

More information

Year-end report Strong end to the year

Year-end report Strong end to the year Year-end report 2016 Strong end to the year Net revenues amounted to MSEK 887 (841) for the quarter and MSEK 3,528 (3,522) for the full year. Profit after net financial items totaled MSEK 113 (113) for

More information

NETWORKERS INTERNATIONAL PLC (AIM: NWKI) UNAUDITED INTERIM RESULTS FOR THE 6 MONTH PERIOD TO 30 JUNE 2013

NETWORKERS INTERNATIONAL PLC (AIM: NWKI) UNAUDITED INTERIM RESULTS FOR THE 6 MONTH PERIOD TO 30 JUNE 2013 19 September 2013 NETWORKERS INTERNATIONAL PLC (AIM: NWKI) UNAUDITED INTERIM RESULTS FOR THE 6 MONTH PERIOD TO 30 JUNE 2013 The Board of Networkers International Plc ( Networkers or the Group ), the AIM-listed

More information

Half-Year Report 2010

Half-Year Report 2010 Half-Year Report 2010 Hügli Holding AG, Steinach Key figures in brief million CHF Jan.-June Variance in Jan.-June Key figures of the group 2010 CHF local currency 2009 Sales 196.0 1.6% 4.6% 192.9 Operating

More information

The operating profit was MSEK (396.0) representing a 32.4% increase with an operating margin of 11.7 (10.1)%

The operating profit was MSEK (396.0) representing a 32.4% increase with an operating margin of 11.7 (10.1)% Fourth Quarter - 20 YEAR-END REPORT 20 The order intake was MSEK 4,653.0 (4,113.4), which is an increase of 9.4% after adjusting for currency effects of MSEK -6.5 and acquisitions of MSEK 308.8 Net sales

More information