Copenhagen, 27 November 2006 - Today,
ISS A/S released the financial figures for the nine-month-period ended 30
September 2006 for ISS A/S.
Performance highlights are shown below:
|
Amounts in DKK
million*
Revenue
Operating profit before other items
Net profit
Operating margin before other items
Organic growth |
Jan - Sep 2006
40,655
2,341
736
5.8%
5% |
Jan - Sep 2005
34,157
1,944
836
5.7%
3.2% |
Change
+19%
+20%
|
* Except percentages
- Revenue increased by 19% compared to Jan - Sep 2005
- Operating profit before other items increased by 20%
compared to Jan - Sep 2005
- Organic growth went up to 5% - from 3.2% in Jan - Sep
2005
- Operating margin was 5.8% - up from 5.7% in Jan - Sep
2005
- Net profit decreased due to an increase of interest
expenses of DKK 489 million primarily as a result of the change in capital
structure that followed the privatisation of ISS.
- From Jan - Sep 2006, ISS made 88 acquisitions worldwide including the
large acquisitions of Tempo Services in Australia and Edelweiss Facility
Management in Switzerland. Since 30 September 2006, ISS has furthermore made a
large acquisition of DEBEOS in Germany.
In a comment to the results for the first 9 months of 2006, ISS Group CEO,
Jørgen Lindegaard, said: "I am very pleased with the results for the first three
quarters. Our revenue is growing, and our operating profit before other items is
growing even more. Furthermore, the organic growth, which is an important
priority for ISS, has increased noticeably."
Further
information:
CFO Jeff Gravenhorst, ISS Management A/S
Tel: +
45 38 17 00 00
Forward-looking
statements
This press release may contain forward-looking
statements. Statements herein, other than statements of historical fact,
regarding future events or prospects, are forward-looking statements. The words
''may'', "will", "should", ''expect'', ''anticipate'', ''believe'',
''estimate'', ''plan'', "predict," ''intend'' or variations of these words, as
well as other statements regarding matters that are not historical fact or
regarding future events or prospects, constitute forward-looking statements. ISS
has based these forward-looking statements on its current views with respect to
future events and financial performance. These views involve a number of risks
and uncertainties, which could cause actual results to differ materially from
those predicted in the forward-looking statements and from the past performance
of ISS. Although ISS believes that the estimates and projections reflected in
the forward-looking statements are reasonable, they may prove materially
incorrect, and actual results may materially differ as a result of the matters
described in the Risk Factors beginning on page 32 of the ISS A/S Annual Report
2005, including: changes in demand for the services offered by ISS, risks
related to ISS's growth strategy, risks related to the Group's substantial
indebtedness, ISS's ability to operate profitably, ISS's exposure to
currency-related risks; complexities related to compliance with regulatory
requirements of many jurisdictions; ISS's dependence on its management team and
qualified personnel; ISS's potential liability for acts of its employees; the
threat, institution or adverse determination of claims against ISS; potential
environmental liabilities; and changes in laws and regulations. As a result, you
should not rely on these forward-looking statements. ISS undertakes no
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except to the extent
required by law.