2011 Oranjewoud N.V. Semi-Annual Financial Statements

Strong growth in profit despite marked decline in sales

  • Net turnover fell by 10.8% to €761.2 million (2010: €853.6 million).
  • Operating result (EBITDA) rose by 13.3% to €31.9 million (2010: €28.2 million).
  • Backlog grew by €261.4 million to €2,448.4 million, an increase of 12.0%.
  • Amortization (non-cash) nearly doubled to €11.7 million (2010: €6.0 million).
  • Net earnings (+60.4%) and comprehensive income (+241.8%) are enjoying strong growth.
  • No projections for the second half of the year.
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For further information, please contact:
Oranjewoud N.V.
Mr. G.P. Sanderink
General Director
Telephone: +31 (0)182 64 80 00

Mr. P.G. Pijper
CFO
Telephone: + 31 (0)36 530 81 91

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