Ordina seeks further growth acceleration after good 2006
Origineel persbericht.
ORDINA SEEKS FURTHER GROWTH ACCELERATION AFTER GOOD PERFORMANCE IN 2006
Nieuwegein, the Netherlands, 6 March 2007
Highlights for 2006:
- Ordina generated a revenue for 2006 of EUR 530.4 million, up 19.5% relative to 2005 (EUR 443.9 million). Organic growth on core portfolio: 12%.
- Ordina posted an EBITA of EUR 47.8 million for 2006. EBITA includes a non-recurring income item as a result of the harmonisation of pension schemes in the sum of EUR 4.6 million. Disregarding this non-recurring gain, EBITA increased to EUR 43.2 million, up 22% compared with 2005 (EUR 35.3 million)
- Operating margin for Consulting, ICT and Application Outsourcing rose to 9.3%; BPO's share in profit in line with expected outlook.
- Recurring net earnings per share before amortisation of intangible assets due to acquisitions was EUR 0.86.
- Dividend proposal: EUR 0.20 per share in cash.
- Net debt position as at 31 December 2006 was EUR 53.1 million (net debt/EBITDA: 0.9).
- At year-end 2006, Ordina had a record number of employees of 5,009 FTEs, a 20% increase relative to year-end 2005.
- In addition to showing an excellent financial performance, the reporting period was characterised by the announcement of a number of major outsourcing contracts, both relating to applications and business processes, which bear witness to Ordina's position as a provider of specialist services.
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