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Results 2nd quarter and first six months 2004
July 8, 2004
 
 
Summary:
 
 
2nd quarter 2004*
first 6 months 2004*
In million euro
Total revenues

682.2  (-1.4%)

1,304.6  (-4.7%)
Operating income (EBIT)
34.2  (-0.1%)
64.6 (-14.7%)
Net income
21.4 (+12.9%)
38.6  (-3.8%)
In euro
Net income per share


0.25 (+13.4%)


0.44  (-4.0%)
 
  • Revenues decreased during the first six months by 4.7% to € 1,305 million. Organic growth in revenues: 1.1%.
  • Organic growth in revenues from machines, software and professional services [non-recurring] was 12.3% [16.0% in the second quarter].
    The trend in recurring revenues is also positive.
  • Operating income was € 64.6 million [2003: € 75.8 million]. The net effect of outsourcing the lease activities on operating income was € 2.2 million.
  • Net income amounted to € 38.6 million [2003: € 40.1 million].
  • Free cash flow amounted to € 90 million.
  • Continued growth in sales of machines, software and professional services expected in the second six months of 2004.
Océ N.V. July 8, 2004
 
Download the full report:
  • Results second quarter/six months 2004 (PDF 112 kb) Download | Open
* The figures stated in this report are unaudited. The report has been prepared on the basis of Dutch GAAP; as compared to the Annual Financial Statements for 2003 no changes have taken place in the accounting principles.
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