ARCADIS N.V.
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Publicatie datum
01 nov 2012 - 07:06
Statutaire naam
ARCADIS N.V.
Titel
ARCADIS IMPROVES MARGIN AND CASH FLOW WHILE CAPTURING STRONG GROWTH IN EMERGING MARKETS
Bericht
Emerging markets drive revenue growth
Year-to-date gross revenues up 30% with strong contribution from acquisitions
Organic growth gross revenues year-to-date 4% higher; net revenues 4% higher
Operational margin improved quarter over quarter to 9.9%
Quarterly EBITA up 35%, net income from operations increased 46%
Working capital program drives €69 million improvement in cash flow from operations over last year
Outlook 2012 maintained: higher revenues organic and from acquisitions, income 20 - 25% higher
November 1, 2012 - ARCADIS (NYSE EURONEXT: ARCAD), a leading international consultancy, design, engineering and management services company, has announced strong third quarter 2012 results. Gross revenues increased by 34% to €650 million on the back of strong organic growth in emerging markets and a growing contribution from acquisitions, including EC Harris, Langdon & Seah, ETEP and BMG. In the third quarter, organic gross revenue growth amounted to 1%, and net revenue growth to 3%, with strong growth in emerging markets being partly offset by challenging market conditions in Europe and increasingly also in the United States. Infrastructure was again the strongest growth segment, led by operations in South America. Profitability improved as evidenced by the quarter-over-quarter increase of the operational margin to 9.9%, in part fuelled by Langdon & Seah and margin improvements in EC Harris.
For the first nine months gross revenues grew 30% to €1,878 million. Organic growth was 4% (in net revenues also 4%). Net income from operations rose 33% to €73.7 million.
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Datum laatste update: 08 november 2024