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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
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 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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