Draka Holding N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date
28 nov 2007 - 07:24
Statutory name
Draka Holding N.V.
Title
DRAKA EXPECTS AN OPERATING RESULT OF AROUND € 145 MILLION AND NET INCOME OF ABOUT € 85 MILLION IN 2007
Comments
• Strong performance has been sustained, driven by favourable market conditions, cost savings and strategy implementation
• Further growth in revenues and result in almost all divisions
• Stop, Swap & Share programmes on track; cost savings expected of around € 8 million
• Forecast operating result of around € 145 million, an increase of 60% compared with 2006 (€ 90.6 million )
• Net income expected to increase by more than 85% to around € 85 million (2006: € 45.4 million2)
• Operating working capital as a percentage of revenues expected to turn out slightly above 2006 level (16.6%), but below previous forecast of a bandwidth of 18–20%
Date last update: 14 June 2026