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DHV Group Records Healthy Growth in Turnover
April 09, 2008
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- Net turnover increased by over 12% to € 395 million

- The Group profited from worldwide demand for sustainable solutions

- South Africa and the Netherlands showed the strongest market growth

Key Figures

2007

2006

change (%)

Net turnover (€ m)

395

352

+12

Netherlands as a percentage of total turnover (%)

54

52

Added value (€ m)

275

269

+2

Operating profit before goodwill amortization (€ m)

13.0

13.2

-2

Net profit (€ m)

6.0

7.3

-18

Operating margin before goodwill amortization (%)

4.7

4.9

Number of staff (year end)

4,730

4,353

+9

A strong world economy, combined with the growing needs related to mobility, climate change, and environmental concerns, expanded the market opportunities for the DHV Group in 2007. Net turnover through organic growth rose by more than 12% to € 395 million. Our businesses performed well, delivering results in line with expectations. However, the restructuring costs related to our strategic reorientation of IDA (international development agency) activities and the implementation of a single, worldwide ICT platform decreased operating results. The Group ended 2007 with a net profit of € 6 million.

Regionally, South Africa showed the strongest organic growth and now represents 17% of the total Group turnover. Our subsidiary SSI took advantage of the good market conditions, for example, in preparations for the 2010 World Cup football championship and the demand for raw materials. The Netherlands remains our largest home market; activity grew by 15% to 54% of total turnover. The DHV Group’s staff, including alliance partner Delcan, increased to over 4,700.

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