· Revenue growth from continuing operations of 7%
· Order book increases to €1,407 million from €1,380 million
· EBITDA up by 32% to €156 million (2009: €118 million)
· Continued strong cash flow of €131 million (2009: €89 million)
· Leverage down to 1.9 times EBITDA (total debt down from € 505m to € 317m)
CEO Sjoerd Vollebregt:
“Stork has improved its results compared to 2009 and is back on a growth path. The second half of 2010 showed a positive development for the economy as a whole and for Stork in particular. This is reflected in an increase in the key financial indicators, such as turnover, order book, operational EBITDA and operational cash flow.”
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