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August 29, 2015 1:31 PM ET

Professional Services

Company Overview of Stork B.V.

Company Overview

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

Netherlands

Founded in 1827

13,225 Employees

Phone:

31 30 669 1700

Key Executives for Stork B.V.

Chairman and Chief Executive Officer
Age: 61
Compensation as of Fiscal Year 2015.

Stork B.V. Key Developments

Stork Announces Earnings Results for the Second Quarter and First Half of 2015

Stork announced earnings results for the second quarter and first half of 2015. For the quarter, the company's revenue increase of 6.1% to EUR 392.3 million compared to EUR 369.9 million a year ago. Positive operational cash flow was EUR 3.1 million compared to negative EUR 17.2 million. For the half year, the company reported revenue of EUR 745 million compared to EUR 685 million a year ago, y-o-y organic growth 5.9%. EBITDA improves by EUR 8.7 million to EUR 43.5 million compared to EUR 34.8 million a year ago. Operational result increased to EUR 14.3 million compared to EUR 11.1 million a year ago. Operational cash flow improved EUR 22.2 million to negative EUR 1.7 million compared to EUR 23.9 million a year ago.

Arle Capital Reportedly Looking To Sell Stork

Arle Capital Partners Limited is working together with Greenhill & Co and Rabobank on a possible sale of Stork B.V. according to reports. Fokker Technologies Holding B.V., also owned by Arle, is not part of the planned transaction, sources in the know said on June 9, 2015, quoted by AFN. CVC Capital Partners Limited, Clayton, Dubilier & Rice, Inc. and EQT Partners AB are understood to have shown interest in Stork, sale of which could fetch some €500 million. Spokespersons for Arle, CVC, EQT and Rabobank declined to comment when contacted by AFN, while Stork was not available to respond, AFN said.

Stork B.V. to Report Q1, 2015 Sales/Trading Statement Results on May 26, 2015

Stork B.V. announced that they will report Q1, 2015 sales/trading statement results on May 26, 2015

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