press release
In the past few years the total debt of USG People has been substantially reduced and the balance sheet has been further strengthened. The current financing structure and positive operating cash flow provide comfortable scope and security to be able to execute our strategic plans unhindered.
Converting the € 60 million loan into a non-subordinated loan will result in a significant reduction in
annual interest expenses. This will have a positive effect on net income as from the fourth quarter of 2015.
For more information, please contact:Leen Geirnaerdt, CFO Telephone: +31 (0)36 529 95 07
DisclaimerThis press release is available in Dutch and English. In the event of ambiguities, the Dutch text shall prevail.
About USG People
With revenue of € 2.4 billion in 2014 USG People is one of the largest providers of HR services in Europe with
established and recognisable international brands. The brand portfolio comprises Start People, Unique, Secretary Plus, USG Professionals and Solvus.
Headquartered in the Dutch city of Almere, USG People is active in Belgium, France, Germany and the Netherlands. USG People is listed on the Euronext Amsterdam stock exchange and is included in the AMX Index.
For more information on USG People or any of its operating companies, please visit our website at www.usgpeople.com.
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