29.05.2009 – 08:54

RealDolmen : Results for the Year Ended 31 March 2009

RealDolmen, the
independent single source ICT solutions provider and knowledge
company, announces results for the fiscal year ended 31 March 2009,
showing good growth across all metrics.

    Highlights of the year
    - Turnover up 5,6%
    - Operational result before nonrecurring items (REBIT) up 7,0 %, with
      REBIT margins up to 6,0%, despite incurred integration costs
    - Strong cash position with EUR19,3m of operational cash flow
    - Integration almost completed and additional cost improvement plans
      taking effect
    - Net debt position reduced by EUR15,3m as a result of buy back
      convertible bond and strong operational cash flows

Full year results March 2009

full tables : http://www.realdolmen.com/newslist.aspx

Bruno Segers, Chief Executive Officer of RealDolmen, commented:

"We are pleased and proud with the results of this first year as
RealDolmen. After a very strong start with solid growth across all
metrics in the first half we performed relatively well in a declining
market in the second half. As expected, our strong market position,
good spread of customers across a number of sectors and strengthened
product offering have enabled us to generate a small level of growth
in revenue and maintain REBIT margins for the full year, despite a
significant downturn in the market in H2.

"We expect the trading levels of Q4 to continue into the next two
quarters of the current financial year, resulting in a reduction in
revenues year on year although we feel confident that we can keep the
impact on our margins limited as we continue to manage our cost base
tightly. With the integration almost completed, and a strong balance
sheet with good cash flows, we now have a RealDolmen framework in
place to support organic growth and selective acquisitions, allowing
us to strengthen our solutions portfolio and/or to broaden our
regional coverage over the next 12 months."

http://www.realdolmen.com/newslist.aspx

Contact:

Enquiries: RealDolmen Tel: +32-3-290-23-13, Bruno Segers, CEO

RealDolmen : Results for the Year Ended 31 March 2009

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