Company Overview of Stork B.V.
Stork B.V., through its subsidiaries, provides knowledge-based asset integrity management services to oil and gas, chemical and refining, power, subsea, railway, and food and pharmaceuticals industries worldwide. It offers asset management consultancy services in the areas of strategic asset management, asset reliability management, organization and processes, implementation power, outsourcing, and asset lifecycle; and rotating equipment services, including rotating equipment diagnostics, turbo machinery maintenance, blade production, gearbox repair, pump, and railway services. The company was founded in 1827 and is headquartered in Utrecht, the Netherlands. Stork B.V. operates as a subsidia...
Van Deventerlaan 101
Utrecht, 3528 AG
Founded in 1827
Key Executives for Stork B.V.
Chairman and Chief Executive Officer
Compensation as of Fiscal Year 2014.
Stork B.V. Key Developments
Stork B.V. Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Apr 3 15
Stork B.V. announced earnings results for the fourth quarter and full year ended December 31, 2014. The company has reported that loss for the fourth quarter ended December 31, 2014 was EUR 5.1 million, compared to a loss of EUR 14.3 million for the same quarter ended December 31, 2013. Revenues for the fourth quarter ended December 31, 2014 were EUR 422.1 million, compared to EUR 382.7 million for the same quarter ended December 31, 2013.
Loss for the year ended December 31, 2014 was EUR 17.1 million compared to a loss of EUR 57.4 million for the year ended December 31, 2013. Revenues for the year ended December 31, 2014 were EUR 1.49 billion, compared to EUR 1.44 billion for the year ended December 31, 2013. Performance continued to improve throughout 2014 gaining momentum as the year progressed, resulting in 6% revenue growth and 17.8% increase in EBITDA.
Stork Receives Major Apache Contract
Feb 19 15
Stork has been awarded a significant three year contract extension with two one-year extension options, for global oil & gas operator Apache. Stork will provide Apache a full range of integrated Fabric Maintenance support services including: scaffolding, insulation, coatings, passive fire protection, deck support, environmental and decontamination and rope access. The initial contract was awarded to Stork in 2009 and has now been extended until 2017.
Stork Announces Earnings Results for the First Half of 2014
Aug 19 14
Stork announced earnings results for the first half of 2014. For the period, the company's revenue increased by 2.2% to EUR 685.0 million against EUR 670 million a year ago. Total EBITDA increased by EUR 7.4 million, 27%, to EUR 34.8 million against EUR 27.4 million in half year of 2013, driven by volume growth in Continental Europe, Colombia and Australia, well controlled overhead costs and benefits of restructuring programs initiated in 2013. Cash flow from operations was EUR 23.9 million against EUR 1.3 million a year ago, influenced by good debtor collections and increased creditor days at year end 2013. Net debt increased from EUR 280 million in December 2013 to EUR 330 million in June 2014.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|