REALDOLMEN - Half year turnover growth of 1,5% in continuing operations (after divesting our French subsidiary Airial Conseil), with strong products turnover but slightly decreasing service turnover
- 1,4% REBIT margin from continuing operations
- Solid financial structure reflected by a sound net cash situation
Marc De Keersmaecker, General Manager of RealDolmen, commented:
"Our half year numbers are weak as announced in Q1. Our infrastructure products business has been performing well even if our datacenter products turnover lags behind. The lack of datacenter projects is one of the reasons that our professional infrastructure services have been under pressure. The infrastructure services market is challenging and we have missed an opportunity, as one of the market leaders, to make the difference in this first half. Corrective actions have been taken in the meantime. Our professional applications services had a slow start in the first quarter but we are picking up speed and I am confident improvement will continue. Our Business Solutions division is demonstrating successes with the sales of our Hospital and our archiving solutions (Hospital/AX and AOFXDM) but our other solutions have been slower to improve. In light of the current market environment we will follow a dual track of intensifying sales efforts while closely monitoring costs which we will continue to optimize. This fiscal year is challenged by a weak first semester, but we have the professionals, the skills and the financial strength to substantially improve the results of the second semester."
For full details see attached press release in PDF.
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