Results for the year ended 31 March 2013

31 May 2013

  • Turnover amounts to € 237.7m, an 8% year-over-year decrease mainly due to a decrease in product sales
  • € 1,7m REBIT as a consequence of weaker business performances in combination with significant one-time expenses
  • € 14,9m loss as a consequence of impairment on goodwill and non-recurring cost relating to optimization expenses
  • Strong and improved financial structure with € 23,6m cash and no net debt.

Marc De Keersmaecker, General Manager of RealDolmen, commented:

“The results of last year are not good even in light of the difficult economic situation. But, as said before, last year is  a transition year. A weaker operational performance and important one time hits affected last year’s results.  We start this new fiscal year with a fully implemented new organization, a strengthened position in Wallonia, some new solutions ready for roll-out, an improved cost base following an optimization plan, a strong financial structure with limited debts and excess cash giving room for external growth. We have loyal clients that are entrusting us business critical projects. In 2013, consistent with previous years, we have been ranked among the top 3 IT outsourcing companies in Belgium and Luxemburg as demonstrated by the Whitelane outsourcing client survey. We thank this accomplishment fully to our dedicated team of over 1600 IT professionals. We are convinced that client satisfaction and personnel satisfaction are the two pillars on which to build our success.
For next year, we plan to grow our business and to restore profitability to normal levels even if general market conditions are forecasted to be challenging. I am confident that the company is on the right track.”