Imtech: reaches final agreement with its main financiers
June 17 2013 - 1:30AM
Gouda - Royal Imtech N.V.
announces that it has reached a final agreement with its main
financiers.
After the identification of the irregularities in Germany and
Poland, it was clear that Imtech was not going to meet its year-end
2012 financial covenants. On 19 March 2013, Imtech reached
agreement with its main financiers on the provisional continuation
of the outstanding facilities. On 15 June 2013, Imtech reached
final agreement with its main financiers regarding a waiver and
amendment agreement for the outstanding facilities. The main
financiers will continue to make their current facilities
available, under conditions customary in these circumstances.
Reaching this agreement is an important step and as a result, the
2012 financial statements can now be finalized and announced
shortly. Further details will be announced with the annual accounts
2012.
More information
Media: |
Analysts & investors: |
Dorien Wietsma
Director Corporate Communication &
CSR
T: +31 182 54 35 53
E: dorien.wietsma@imtech.com
www.imtech.com |
Jeroen Leenaers
Director Investor Relations
T: +31 182 543 504
E: jeroen.leenaers@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
more than 5.1 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.
PDF: Press Release
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