Amsterdam (ots/PRNewswire) - In this press release, the board of
Directors of Brunel International briefly comments on the (financial)
development of the company following the release of the performance
figures for the first quarter of 2005.
In the first 3 months of this year Brunel International booked a
higher turnover than in the same period in 2004. All core activities
contributed to this improvement.
The average workforce during the first quarter was 4,454, as
compared with an average of 3,740 during the first three months of
The Dutch staffing market is continuing along a cautious road to
growth. Brunel is reaping benefits in all segments in which it
operates. The engineering sector in particular has shown a strong
improvement during the first quarter of 2004.
The market in which Brunel Energy is active is developing as
Sector investment levels remain high, which offers commercial
opportunities for Brunel. The goals for 2005 are manageable growth
and a higher gross margin percentage. First quarter figures confirm
that these goals can be realised.
The German market for project management and staffing of technical
specialists improved significantly during the first quarter. The
flexibilisation of the German labour market is a structural
development, stimulated in part by liberalised regulations on
At the beginning of March, the Board of Directors of Brunel
International stated that it was counting on a further growth in
turnover and profitability in 2005. Performance in the first quarter
supports this expectation.
Jan Arie van Barneveld, CEO Brunel International: "The Dutch and
German economies have not yet definitely turned a corner. It is
certainly not ruled out that recovery will be slower than generally
expected. This could have consequences for the growth rate of Brunel
in these countries.
Brunel International NV is an international service provider
specialised in the flexible deployment of knowledge and capacity in
the fields of energy, ICT, engineering, legal, finance and insurance
& banking. The company offers its services in the form of
Consultancy, Project Management en Recruitment. Since its
establishment in 1975, Brunel has grown into an international
organisation with about 4,500 employees and an annual turnover of
more than EUR313 million. The company is listed on Euronext Amsterdam
ots Originaltext: Brunel International NV
Im Internet recherchierbar: http://www.presseportal.ch
For further information: Jan Arie van Barneveld, CEO Brunel
International, tel.: +31-(0)20-312-50-00; Loek Hogenhout Strategy,
Marketing & Communications Director, tel.: +31-(0)20-312-50-00