Brunel increases EBIT by 56% to a margin of 8.3%

Amsterdam, 2 November 2007 Brunel International noted a YTD Q3 2007 turnover of ¤ 419 million, up 15% compared to the same period in 2006. The gross profit amounted to ¤ 100,0 million from ¤ 81.4 million over last year. The gross margin further improved from 22.4% to 23.8%. The EBIT reached an amount of ¤ 35.0 million, an increase of 56% against the first 9 months of 2006. Average headcount increased by 19% from 5,962 up to and including September 2006 to 7,066 in 2007. +-------------------------------------------------------------------+ | Brunel International | | | | | | |-----------------------+--------+---------+-------+-------+--------| | X ¤ 1 | Q3 | Q3 | Change | YTD | YTD | Change | | million | 2007 | 2006 | % | Q3 | Q3 | % | | | | | | 2007 | 2006 | | |--------------+--------+--------+---------+-------+-------+--------| | | | | | | | | |--------------+--------+--------+---------+-------+-------+--------| | Turnover | 145.4 | 122.2 | 19% | 419.5 | 364.1 | 15% | |--------------+--------+--------+---------+-------+-------+--------| | Gross Profit | 35.1 | 27.4 | 28% | 100.0 | 81.4 | 23% | |--------------+--------+--------+---------+-------+-------+--------| | Gross margin | 24.1% | 22.4% | 1.7 | 23.8% | 22.4% | 1.4 | |--------------+--------+--------+---------+-------+-------+--------| | EBIT | 12.9 | 8.1 | 59% | 35.0 | 22.4 | 56% | |--------------+--------+--------+---------+-------+-------+--------| | EBIT % | 8.9% | 6.6% | 2.3 | 8.3% | 6.2% | 2.1 | |--------------+--------+--------+---------+-------+-------+--------| | (unaudited) | | | | | | | +-------------------------------------------------------------------+ Brunel Netherlands realised a turnover of ¤ 100.2 million, an increase of 20% compared to the same period in 2006. In addition the gross margin further improved. Brunel Germany realised a turnover of ¤ 94.5 million, an increase of 25% compared to the same period in 2006. The German gross margin improved compared to the first six months. The Energy division realised a turnover of ¤ 206.5 million, an increase of 10% compared to the same period in 2006, while the gross margin slightly improved. Jan Arie van Barneveld, CEO of Brunel International: "We were able to achieve an overall growth figure of 19% with profitability increasing again by 59%. With these developments we continue a trend that started 4 years ago. Thanks to the quality and eagerness of our staff we will continue to outperform our competitors. The German and Dutch companies performed particularly well with growth figures of 25% and 20% respectively, demonstrating their excellent operational quality. This gives us confidence in our capability to succeed in present and future market developments." The Brunel International board of directors forecasts an EBIT result of ¤ 50 million for the year 2007. -------------------------------------------------------------------------------------------------------------------- For further information: Jan Arie van Barneveld CEO Brunel International tel.: +31(0)20 312 50 00 Brunel International N.V. is an international service provider specialized in the flexible deployment of knowledge and capacity in the fields of ICT, engineering, legal, finance and insurance & banking. Services are provided in the form of Project Management, Secondment and Consultancy. Incorporated in 1975, Brunel has since become a global company with some 7,000 employees and an annual turnover over ¤ 500 million. The company is listed at Euronext Amsterdam N.V. Certain statements in this document concern prognoses about the future financial condition and the results of operations of Brunel International NV as well as plans and objectives. Obviously, such prognoses involve risks and a degree of uncertainty since they concern future events and depend on circumstances that will apply then. Many factors may contribute to the actual results and developments differing from the prognoses made in this document. These factors include general economic conditions, a shortage on the job market, changes in the demand for (flexible) personnel, changes in employment legislation, future currency and interest fluctuations, future takeovers, acquisitions and disposals and the rate of technological developments. These prognoses therefore apply only on the date on which the document was compiled. ***Please click on the link below for the full version of the press release including tables***: