Imtech : Imtech: provides trading update for first 5 months of 2013
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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
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
Media: Analysts & investors:
Dorien Wietsma Jeroen Leenaers
Director Corporate Communication & CSR Director Investor Relations
T: +31 182 54 35 53 T: +31 182 543 504
E: email@example.com E: firstname.lastname@example.org
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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