(Turnover for the 9 months ended 31 December 2012)
- 5,4% year-over-year growth of the third quarter turnover this fiscal year. Services revenue is up by 2,9% while Products revenue is up by 11% compared to last year.
- Year-to-date turnover is still 7% lower compared to last year.
Marc De Keersmaecker, General Manager of RealDolmen, commented:
“This quarter demonstrated good turnover growth in both our Products and Business Solutions division while turnover in our Professional Services division has slightly decreased. Notwithstanding this quarter’s growth, the overall results of the year will not be good. The current fiscal year should be considered a transition year in many respects. . We have decided to take all necessary actions to position the company for the long term. We changed the organization of the company, expensed investment in roadmap that is due to start bearing its fruit as of next fiscal year, took an impairment on goodwill and are executing on a plan to optimize our cost base. All of this impacts the profits of a year that have also been impacted by one time hits. Our expected return to normal in the second half, has been deferred but our confidence remains high. We improved our position in Wallonia through an acquisition, we are planning for the roll-out of new solutions, our financial structure is strong and clients are entrusting us business critical projects. We keep faith in the future even if market conditions are challenging.”
