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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 18 mar 2014 - 07:00
Statutory name Royal Imtech N.V.
Title Royal Imtech publishes fourth quarter and full year 2013 results
Comments Imtech shifting emphasis to operational and financial recovery Revenue in the fourth quarter 1,299 million euro Positive operational EBITDA in the fourth quarter of 6 million euro Order intake in the fourth quarter 1,204 million euro, slightly lower than revenue Earlier announced non-operational items drive negative net result in the fourth quarter of 370 million euro Net negative result for the year 697 million euro mainly due to earlier announced non-operational items Net debt down to 745 million euro (third quarter 2013: 836 million euro) Main focus on organic growth, operational recovery and debt reduction by at least 400 million euro Implementation of detailed improvement plan 'Neue Imtech' in Germany New agreement with financiers, including amended covenants