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GRONTMIJ | CARL BRO CONTINUED ITS PROGRESS IN 2007
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17/03/2008 |
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The Grontmij group, which includes Grontmij | Carl Bro Denmark, has published its accounting figures at the Euronext stock exchange in Amsterdam.
The accounts show the following key figures for the group:
- EUR772.8m turnover, corresponding roughly to DKK5.8bn
- EUR48.0m EBIT corresponding roughly to DKK357.8m
- EBIT as a percentage of the turnover 6.2
The key figures appear from the table below, which also contains comparative figures for 2006. The 2006 pro forma column includes the former Carl Bro companies in Denmark, Sweden and UK/Ireland for 12 months in which the realised result for 2006 included the Carl Bro companies for only 4 months.
Key figures for the Grontmij group
| € mill. |
2007 |
Pro forma
2006
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| Turnover |
772.8 |
735.1 |
| Net production |
598.1 |
537.1 |
| EBIT |
48.0 |
39.2 |
| EBIT % of turnover |
6.2% |
5.3% |
| EBIT % of net production |
8.0% |
7.3% |
Grontmij | Carl Bro Danmark has also had a good year, and the result for 2007, which shows continued progress as compared to 2006, is the best result in the history of the Danish company. The accounts of Grontmij | Carl Bro Danmark show the following key figures for 2007:
- The turnover increased to DKK1,121.7m.
- EBIT was DKK68.3m (DKK63.9m in 2006).
- EBIT as a percentage of the turnover was 6.1%, while EBIT as a percentage of the net production was 8.2%.
Key figures for Grontmij | Carl Bro Danmark
| DKK mill. |
2007 |
2006 |
| Turnover |
1,121.7 |
1.054.4 |
| Net production |
840.4 |
801.1 |
| EBIT |
68.3 |
63.9 |
| EBIT % of turnover |
6.1% |
6.1% |
| EBIT % of net production |
8.2% |
8.0% |
The turnover has thus increased by 6.5%, while EBIT has increased by 7.0%
In the Danish market, conditions for building have been favourable. Total building activities yielded an excellent result in 2007, but activities within infrastructure, water, environment, energy, GIS and industry have also contributed to the improved result.
After a period of lower demand for consulting services from certain parts of the Danish market in early 2007 as a result of the structural reform, the second half of the year showed a better market situation as regards environment, water and energy. A focus on initiatives to remedy the consequences of climatic change and reduce energy consumption for all our areas of expertise has yielded a good influx of orders from both public and private clients.
“We are experiencing a very great interest among our clients in thinking sustainability into projects and solutions.” The increased awareness of the effect of climatic change means that there is a “burning platform” demanding news lines of thinking. It is our ambition to help to ensure the future quality of life for people, which naturally requires us to take into account the consequences of climatic change whether working within building, infrastructure or industry," said CEO Birgit W. Nørgaard, Grontmij | Carl Bro.
To harmonise the operational and legal structures, a change has been made to the company structure within the Grontmij group. The consequences include the sale of its subsidiaries in Sweden and the UK by Grontmij | Carl Bro A/S Danmark to another company within the Grontmij group so that now Grontmij | Carl Bro A/S Danmark consists of parent company Grontmij | Carl Bro A/S and its remaining subsidiaries, located in Latvia, Lithuania, Romania, Vietnam etc.
The annual report 2007 for parent company Grontmij | Carl Bro A/S will be published in May.
Further information:
Lasse Bjerre Sørensen, Press Coordinator
Tel. +45 43 48 69 61
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