Imtech: provides trading update for first 5 months of 2013
June 28 2013 - 1:31AM
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PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR
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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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