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QURIUS : Prodware reports strong results

09/20/2011 | 09:05am US/Eastern

Prodware, the French based IT company with which Qurius has a strategic alliance, today announced its half yearly results. The revenues increased by 19% to EUR 47,3 compared to EUR 39,7 during the first half of 2010. The EBITDA grew from 17,6% of the revenues in the first half of 2010 to 26,9% in the first half this year - an increase of 81%. The operational result doubled and the net profit increased by 146% from EUR 4,3 million to EUR 10,6 during the first half of 2011.

Prodware attributes this positive development of the results to the strategy, initiated in 2005, to develop sector specific IT products.

 

Qurius also reported an improved result over the first half of 2011. EBIT (excluding Infor results) improved by EUR 4.3 million, turning a loss into a small profit. This development encourages Qurius to continue with the execution of its three-year programme in order to improve its current position.

 


 

Prodware S.A.

Founded in 1989, Prodware:
http://www.prodware.fr/ creates, integrates and hosts IT solutions for businesses. This activity is exercised in a sector where success necessitates a blend of strong IT expertise and industry specific know-how, specifically in administrative and management processes.

PRODWARE already helps more than 15,000 active clients and is the key actor and partner for the installation and management of global IT solutions and applications. Present in 9 countries and through strong strategic alliances the group accompanies enterprises in their international deployment.

A good corporate citizen Prodware joined the United Nations Global Compact in 2009.

 

 

Qurius N.V.

Qurius:
http://www.qurius.com/ provides IT solutions: design, architecture, infrastructure, implementation and system management of Microsoft-based business and IT solutions. From our head office in Zaltbommel we serve clients throughout Europe, including Belgium, Germany, Austria, The Netherlands, Spain, the United Kingdom and the Czech Republic. In 2010, we openly communicated our objective of achieving 100% sustainable operations by 2014. In this way, we want to become the leading European organisation in sustainable IT. We work with clients and partners who are equally ambitious and have the same sustainability objectives. Qurius has been listed on the Euronext Amsterdam since 1998.


 

Contact
Qurius N.V., Albert Holtzappel, Manager Corporate Communications & Investor Relations, a.holtzappel@qurius.com:
mailto:a.holtzappel@qurius.com; +31 (0)418 68 35 00.




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Qurius N.V. via Thomson Reuters ONE

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