Teleplan International N.V.
Teleplan International N.V.: Fiscal 2010 Results show Strong Profitability
Teleplan International N.V. / Key word(s): Final Results/Final Results P R E S S R E L E A S E Fiscal 2010 Results show Strong Profitability – Revenue decline of 2.9% to 278.6 million euro – Net income increased by 15.8% to 20.2 million euro Schiphol/Amsterdam, the Netherlands, 7 April 2011 – Teleplan International N.V. (ISIN: NL0000229458), the leading global provider of high-tech after-market services for the Computer, Communications and Consumer Electronics industries announced today its audited results for 2010. Teleplan revenues amounted to 278.6 million euro in the year under review (previous year: 287.2 million euro) representing a decrease of 2.9%. EBITDA fell from 33.8 million euro to 29.5 million euro, EBIT decreased by 13.8% to 24.9 million euro (previous year: 28.9 million euro) and net income rose by 15.8% to 20.2 million euro. Consequently earnings per share increased to 0.33 euro (previous year: 0.29 euro). Strong profitability in the computer segment Weaker cash generation from operations and significantly increased equity ratio Total equity increased to 72.0 million euro at 31 December 2010 compared with 50.8 million euro at 31 December 2009. The increase in net income and currency translations on foreign operations were reflected in this increase. The equity ratio increased by 9.9 percentage points from 34.8% to 44.7% at 31 December 2010. ‘We were able to slow down the revenue decline while delivering strong profitability and solid financial ratios at the same time, commented Gotthard Haug, CEO of Teleplan, the business year 2010. ‘Now we are extremely excited to deliver on our growth strategy and show increasing revenues with strong profitability at the same time. This combined with the support of our majority shareholder Gilde will make Teleplan an even stronger and more competitive player in the after-market service industry’, continues Gotthard Haug. At a glance: Teleplan’s key figures (IFRS)
For Further Information: Teleplan International N.V. Teleplan International N.V. is one of the top suppliers of high-tech after-market services and provides total lifecycle care solutions for the world of Computers, Communications and Consumer Electronics (‘3Cs’). The lifecycle care concept ranges from simple repairs to the most sophisticated technological and electronic solutions. Headquartered in Amsterdam/Schiphol, the Netherlands, Teleplan currently operates from 22 sites in Europe, North America, Asia and Australia with approximately 5,400 employees. For further information please visit: www.teleplan.com. End of Corporate News 07.04.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | Teleplan International N.V. | |
Schiphol Boulevard 201 | ||
1118 BG Schiphol | ||
Niederlande | ||
Phone: | +31 79 330 44 55 | |
Fax: | +31 79 330 44 66 | |
E-mail: | investor_relations@teleplan.com | |
Internet: | www.teleplan.com | |
ISIN: | NL0000229458 | |
WKN: | 916980 | |
Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart | |
End of News | DGAP News-Service |
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