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Download the full report
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Conference call |
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Audio webcast of conference call by Mr Rokus van Iperen (CEO) and Mr Jan van den Belt (CFO)
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Summary*
Strategy is on track
Results first quarter 2007*
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| Total revenues |
729.2 |
754.1 |
-3.3% |
| EBITDA |
71.6 |
75.6 |
- 5.4% |
| EBITA |
31.1 |
32.9 |
-5.4% |
| Operating income (EBIT) |
21.3 |
23.7 |
-10.1% |
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Net income
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12.2 |
11.9 |
2.7% |
In € per share EBITDA |
0.85 |
0.90 |
-5.7% |
Net income attributable to holders of ordinary shares |
0.13 |
0.14 |
-7.1% |
* The figures in this report are unaudited.
** In 2006 the reporting of gross margin and operating expenses of Océ Imagistics have been brought into line with the Océ Group [as described in the press release of January 15, 2007, page 11].
Highlights:
- Organic revenues growth: 0.8%
- Gross margin equal to that of previous year [41.6%]
- Upward trend continues in WFPS
- Order portfolio DDS substantially higher than at end of the 2006 first quarter
- Results in DDS stayed behind, but it is expected that these will improve during 2007
Comments by Rokus van Iperen, chairman of the Board of Executive Directors: “Wide Format Printing Systems booked an increase of almost 5% in revenues in the first quarter of 2007. The main drivers of this growth are our successful colour products. Sales of our black and white range are also developing well. In DDS revenues still showed a decline in the first quarter, but the order portfolio at the end of the quarter is substantially higher than one year ago. Positive customer reactions to our own new products and third-party products will further boost the growth in sales. As a result there will be an increase in the number of printing systems installed in the market, bringing improved results for DDS as the year progresses.”
Disclamer
Océ N.V. 3 April 2007
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