HY 2015-2016 press release

27 November 2015

(Results for the half year ended 30 September 2015)

  • Half year turnover growth of 0,9%, with strong products turnover but slightly decreasing service turnover
  • 4,1% EBIT margin from continuing operations compared to 0,8% last year
  • Solid financial structure reflected by a sound net cash situation

Marc De Keersmaecker, General Manager of RealDolmen, commented:
“Infrastructure Products turnover is resilient with increased workplace and volume sales while margins are under pressure. Application Services Business, part of Professional Services, continues to grow steadily while Infrastructure Services is expected to improve in the coming months. Overall margins of our Professional Services are sound even if partially impacted by one time impacts. In Business Solutions we continue to show margin improvement as a consequence of our more selective approach to business and the positive impact of last year’s optimization.
We see good traction in our Application Services and Business Solutions business. We have therefor decided to hire over thirty additional graduates  in the last quarter of this book year, on top of the forty-three young graduates that started in September.”

For full details see attached press release in PDF.

Enquiries:
Paul De Schrijver, CFO
Tel.: +32 2 801 43 13