publication full year results 2009
highlights
- Market position strengthened through focus on additional sales effort and organisational improvements
- Structural cost reductions, working capital management and reduction of net debt by EUR 135 million
- Solid balance sheet ratios: total equity 39.7% of total assets
- Net profit H2 2009 (EUR 35.9 million) clearly better than H1 2009 (EUR 18.3 million)
- Revenue EUR 1,405 million (negative effect of exchange rates EUR 35 million)
- Added-value* margin improved to 58.9% of revenue
- Operating profit before depreciation (EBITDA) EUR 168.8 million (12.0% of revenue)
- Operating profit (EBITA) EUR 98.9 million (7.0% of revenue)
- Net profit EUR 54.2 million; earnings per ordinary share EUR 0.51
- Cash flow from operations EUR 240.5 million, net cash flow EUR 52.2 million

any questions?
If you have any questions or remarks about this press release, feel free to contact me.
Jeannette Zuidema
executive assistant