Financial results 2007 ERIKS group
In 2007, the ERIKS group realised sales of € 949.0 million (2006: € 543.3 million), an increase of 74.6% which is at the top of the expectations range of € 940 to € 950 million as announced on 15 November 2007. All clusters of the ERIKS group fulfilled expectations.
EBITA and net result will be in line with the expectations published earlier. Compared with 2006, this means for the full year 2007:
EBITA 7.8% to 8.1% of sales (+ 70 to75%)
Net result € 43 to € 45 million (+ 55 to 62%).
CEO Jan van der Zouw: “2007 was another excellent year for the ERIKS group. At this moment the order intake is at a good level and we are not experiencing any negative effects of the declining industrial production in Western Europe and the USA. We are positive about ERIKS´ prospects for 2008.”