Result (in EUR millions)

Net sales

140.7

156.0

165.6

142.3

130.9

Operating income before goodwill amortisation (EBITA)

3.6

7.3

9.2

5.8

6.0

Operating income after goodwill amortisation (EBIT)

3.6

7.3

7.9

5.8

6.0

Net profit

3.1

6.0

6.6

4.9

4.8

Cash flow (in EUR millions)

Cashflow [1]

5.3

8.0

8.2

6.6

6.3

Depreciation

2.2

2.0

1.6

1.6

1.5

Investments

1.1

1.9

2.9

3.5

3.1

Dividend proposal

2.4

2.9

2.9

2.3

2.2

Capital (in EUR millions)

Balance sheet total

77.2

75.2

75.2

71.0

62.7

Shareholders’ equity

46.4

46.1

43.0

38.8

35.9

Net working capital

23.0

22.2

19.2

23.5

23.9

Capital invested [2]

47.7

47.5

44.4

42.0

39.1

Employees

Average number of employees

1,022

1,032

1,030

984

961

Number of employees at year-end

1,015

1,029

1,035

1,025

943

Personnel costs

47.2

46.7

44.6

42.4

40.0

Ratio's (%)

Return on equity

6.4

13.1

15.3

12.1

12.8

Return on average capital invested

2.6

4.7

5.6

4.1

4.6

Operating income before goodwill amortisation on sales

2.6

4.7

4.8

4.1

4.6

Operating income after goodwill amortisation on sales

2.2

3.9

4.0

3.5

3.7

Return on sales

60.1

61.3

57.2

54.6

57.3

Solvency [3]

52.5

54.1

49.4

50.6

54.0