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| | Veenendaal, 27/03/2009 | BRAIN FORCE HOLDING AG (Vienna Stock Exchange: BFC, Reuters: BFC.VI), a leading IT service company with business operations in Austria, Germany, Switzerland, Italy, Netherlands and the Czech Republic, published its consolidated financial statements for 2008 today, confirming the preliminary results already announced on February 10, 2009. BRAIN FORCE can look back at one of the most successful years in its corporate histor | Record revenues and best operational performance
Group revenues surpassed the EUR 100 million threshold for the first time, increasing 8% to EUR 106.21 million. In particular, the operational performance was outstanding. EBITDA amounted to EUR 7.79 million in 2008, compared to EUR 0.35 million in 2007. EBIT improved to EUR 3.83 million, up from a loss of EUR 16.68 million reported in the restructuring year 2007.
“We outperformed our own guidance forecasting an EBIT of EUR 2 to 3 million, and achieved the highest operating results in the 25 year history of BRAIN FORCE”, says BRAIN FORCE CEO Günter Pridt.Read the complete news message |
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