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Royal Imtech N.V.

Royal Imtech N.V.

Below you will find information from the register publication of inside information. The information has been provided by the organisation.

Registration date 03 feb 2014 - 07:11
Statutory name Royal Imtech N.V.
Title Imtech: Sound operational performance in the fourth quarter 2013, significant valuation allowances in Germany
Comments · Revenue and order intake solid in 2013 · Good improvement operational EBITDA margin in Q4 2013, excluding Germany · Good cash collection leads to debt reduction of 91 million euro in Q4 to 745 million euro · Detailed action plan to resolve German legacy issues, valuation allowances of 200-230 million euro, contributing to a substantial loss for 2013. Royal Imtech provides a preliminary view of its performance for the fourth quarter 2013 based on unaudited figures. Final audited annual figures 2013 are scheduled for publication on March 18, 2014.