Oranjewoud N.V. 2013 Semi-Annual Financial Statements

20 September 2013

Operating income increased, net loss

Gouda, Netherlands, August 30, 2013

  • operating income rose modestly (+2.4%) to € 785.2 million (2012: € 767.0 million)
  • operating result (EBITDA) fell by 43% to € 16.7 million (2012: € 29.6 million)
  • 2012 EBITDA including the Ooms negative goodwill of € 7.1 million. "Recurring" EBITDA fell by € 5.8 million (20%)
  • backlog (excl. Riyadh project at nearly € 1 billion) increased by € 35.4 million (1.4%) to € 2,536.0 million
  • amortization (non-cash) fell strongly (-24.4%) to € 5.3 million (2012: € 7.0 million)
  • net loss of € 6.4 million, 2012 profit of € 7.7 million
  • no projections for the second half of the year or 2013 as a whole

Read the entire press release (pdf)

For further information, please contact:

Oranjewoud N.V.
G.P. Sanderink, CEO
Telephone: + 31 (0)182 64 80 10
P.G. Pijper, CFO
Telephone: + 31 (0)36 530 81 91