Imtech : Imtech: provides trading update for first 5 months of 2013 NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN THE UNITED STATES, AUSTRALIA, CANADA, OR JAPAN 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 Jeroen Leenaers Director Corporate Communication & CSR Director Investor Relations T: +31 182 54 35 53 T: +31 182 543 504 E: firstname.lastname@example.org E: email@example.com www.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. Disclaimer Please read this carefully as it applies to all persons who read this press release. This press release contains information and documents relating to an offer, through a rights issue, of new shares of Royal Imtech N.V. You may not be eligible to view the contents of that information and those documents. Accordingly, if you wish to read this information you must first inform yourself about and then observe the statutory and regulatory requirements applicable to you and to your jurisdiction. In order to establish whether or not you may view the information and documents please read the disclaimer below in full. This press release is not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, into or in the United States, Australia, Canada or Japan or any (other) jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. This press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy securities of Royal Imtech N.V.. PDF: Press Release ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Imtech via Thomson Reuters ONE HUG#1712684
Imtech : Imtech: provides trading update for first 5 months of 2013
Press spacebar to pause and continue. Press esc to stop.