Brunel International N.V.
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Publicatie datum
24 mei 2007 - 13:01
Statutaire naam
Brunel International N.V.
Titel
Brunel increases EBIT by 40% to a margin of 8.5%
Bericht
Brunel International noted a Q1 2007 turnover of nearly € 134 million, up 11% compared to the same period in 2006. The gross profit amounted to € 32,1 million from € 26,6 million over Q1 last year. The gross margin further improved from 22% to 24%.
The first quarter ebit reached an amount of € 11,4 million, an increase of 40% against the first 3 months of 2006. Average headcount was increased by 23% from 5,666 in Q1 2006 to 6,956 over Q1 of this year.
Brunel International
X € 1 million Q1 2007 Q1 2006 Change %
Turnover 133,7 121,0 11%
Gross Profit 32,1 26,6 21%
Gross margin 24.0% 22.0% 2.0
Ebit 11,4 8,1 40%
Ebit % 8.5% 6.7% 1.8
(unaudited)
Brunel Netherlands realised a turnover of € 33,3 million, an increase of 31% compared to the same period in 2006. In addition the gross margin further improved.
Brunel Germany realised a turnover of € 29,2 million, an increase of 26% compared to the same period in 2006. The German gross margin maintained a high level throughout the first quarter.
The Energy division stabilized their turnover level at € 65,7 million, while the gross margin has started to improve slightly.
Jan Arie van Barneveld, CEO of Brunel International: “We were able to continue to utilize the favourable market conditions in North-West Europe to our advantage. I’m happy to see that the reorganizations in the Energy division are starting to pay off. Although restructuring, we’re not yet where we want to be. My management and I are looking forward to an exciting future.”
The Brunel International board of directors forecasts an EBIT result of € 47,5 million for the year 2007. An increase of 35% compared to the previous year.
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Datum laatste update: 10 februari 2025