Imtech: provides trading update for first 5 months of 2013

Royal Imtech N.V. (IM-AE, technical services provider in and outside Europe) provides a trading update for the first 5 months of 2013 ahead of its General Meeting of Shareholders on June 28th

(PresseBox) ( Gouda, )
In line with the first quarter of 2013, trading continues to be difficult in particular in Germany, the Benelux and the Marine division. Better performing divisions are UK & Ireland, Nordics and ICT. Revenue for the first 5 months of 2013 totaled EUR 2.043bn, approximately flat versus the first 5 months of 2012.

Results continue to be under pressure again in particular in Germany, the Benelux and the Marine division. The Group expects the benefits of the previously announced restructuring program start to kick in in the second half of the year. The bulk of these headcount reduction plans will be executed in Q3 with the balance in Q4.

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