Grontmij N.V.
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Publicatie datum
20 feb 2012 - 07:22
Statutaire naam
Grontmij N.V.
Titel
Grontmij provides update on preliminary key figures for the full year 2011
Bericht
De Bilt, 20 February 2012 – Today, Grontmij is providing an update on expected key performance figures (1) for the full year 2011. This is ahead of publication of the 2011 full year figures on 9 March 2012:
• Total revenue (2) is expected to be approximately € 1,038 million (2010: € 922 million);
• Underlying EBITA (3) is expected to be € 33 million, this is approximately € 3 million under the low-end of the guided range of € 36 – 40 million (2010: € 47 million);
• Expected net loss of € 54 – 56 million (2010: net profit of € 17 million).
Results are lower than previously expected, mainly because of:
o Downward revision EBITA in France
o Additional one-off charges and write-downs on non-core assets
o Impairments
o Write-downs on tax assets
The fourth quarter and annual results 2011 will be published on 9 March 2012.
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(1) Numbers today reported are preliminary and unaudited.
(2) Total revenue includes approximately € 104 million from the Telecom activities that were sold in October 2011. These activities will be reported as ‘Result from discontinued operations’ in our 2011 Annual Report. Total revenue from continuing operations is approximately € 934 million (2010: € 841 million).
(3) Underlying EBITA excludes restructuring charges, revaluations, impairment losses and results from investments in equity accounted investees (EAI) and includes approximately € 7 million EBITA of the French Telecom activities, which were sold in October 2011. These activities will be reported as ‘Result from discontinued operations’ in our 2011 Annual Report.
Datum laatste update: 01 september 2024