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ARCADIS N.V.

ARCADIS N.V.

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Publicatie datum 31 jul 2013 - 07:00
Statutaire naam ARCADIS N.V.
Titel ARCADIS improves organic revenue growth in second quarter 2013 while maintaining margins
Bericht - Organic net revenue growth at 4%, driven by all regions except Continental Europe - Operating margin comparable to last year despite margin decline in Continental Europe - Net income from operations up 2% in the quarter and 5% for the first half year, reflecting growth of revenues and margin during the first half year - $90 million US private placement completed to replace maturing bank debt; average net debt to EBITA ratio improved to 1.5 - Project Europe achieved cost savings of €5.1 million in the first half year and is at annual run rate of €12.9 million with cost actions ahead of schedule - 2013 outlook updated: a further increase of revenues, and a profit growth of 0% to 5%, barring unforeseen circumstances