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.
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