Amsterdam, 17 August 2007 - Net turnover increased in first six months with 13%, organic growth 15%. Ebit increased with 55% to € 22.1 million, group net income increased to € 15,1 million.
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Brunel International |
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X € 1 million |
H1 2007 |
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H1 2006 |
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Change % |
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Turnover |
274.1 |
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241.9 |
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13% |
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Gross Profit |
64.9 |
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54.0 |
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20% |
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Gross margin |
23.7% |
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22.3% |
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Ebit |
22.1 |
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14.3 |
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55% |
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Ebit % |
8.1% |
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5.9% |
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Highlights 1st half 2007:
- Overall growth for the period is 13%
- Gross margin improved by 1.4 percent point to 23.7%
- EBIT grows with 55% to € 22.1 million.
- Brunel Netherlands: turnover up 23%
- Brunel Germany: turnover up 26%
- Cash position strengthened to € 38,5 million from € 25,1 million as per 31 December 2006
Over the first six months of 2007, Brunel International realised a turnover of € 274 million; up 13% compared to the same period in 2006. Adjusted for divestments, acquisitions and exchange rate variations turnover increased with 15%.
Gross profit increased with 20%, from € 54 million to € 65 million. Gross margin further improved from 22.3% to 23.7%. EBIT amounted to € 22.1 million, being 8.1% of turnover (first 6 months of 2006: 5.9%). The company achieved a group net income of € 15.1 million.