Corporate Express N.V.

Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.

Publicatie datum 03 mei 2006 - 07:32

Statutaire naam Corporate Express N.V.

Titel Buhrmann 1st quarter performance continues trend of strong sales growth

Bericht BUHRMANN 1ST QUARTER PERFORMANCE CONTINUES TREND OF STRONG SALES GROWTH Strong organic sales growth (+8%) with contributions from all businesses EPS up 36% to EUR 0.19, excluding special items1 and fair value changes Operating result improves 18% at constant rates to EUR 72.5 million, excluding special items Operating result of EUR 48.1 million includes costs for streamlining of North American and European operations for EUR 21.2 million and EUR 3.1 million respectively Net result improves to EUR 24.5 million; EPS increases to EUR 0.14 FINANCIAL HIGHLIGHTS Amounts in EUR million Q1 2006 Q1 2005 D in EUR D at constant rates Net sales 1,533.8 1,318.2 16.4% 9.4% Gross contribution 472.5 414.1 14.1% 7.2% Operating result 48.1 56.7 (15.1%) (21.9%) Net result 24.5 (77.7) Net result per ordinary share (EPS)(in euro) 0.14 (0.53) CEO’S STATEMENT Commenting on the first quarter 2006 results, Frans Koffrie, Buhrmann President and CEO, said: ‘Our first quarter performance reflects a good start to 2006 and is fully in line with our expectations. Our businesses delivered profitable sales growth, which was driven by our success in selling an increasingly wide selection of products to our customer base. The rate of profit growth is about double the rate of sales growth. Significant steps were taken during the quarter that we believe will help drive strong earnings momentum in the latter part of 2006 and beyond.’ ‘The current macroeconomic trends support our positive stance about our prospects for continued sales growth in 2006. Although gross contribution could be affected by inflationary increases, particularly in paper based product categories in North America, we are committed to offset this to a large extent by cost management following the streamlining of our North American operations, and by continued growth in private label sales. Assuming general market trends continue, our strategy, business dynamics and further streamlining should allow us to achieve ou

Vorige register resultaat

Volgende register resultaat

Gerelateerde downloads

200605030000000003_006 EN 03-05 Q1 2006 results.pdf (opens in a new window)

Datum laatste update: 27 juli 2024