Order intake continues to increase to historic levels
Published: 11/26/2010 5:20:00 AM
AppliTek recorded historical high turnover and order intake figures in the second and third quarter of 2010, up 200% compared with the same period last year.
Both operational profit and net profit increased for several quarters in a row. The order portfolio increased massively. Demand for AppliTek products and its system integration capabilities came from all corners of the world. Forecasts for the next quarters are also significantly up compared to the period last year. On that basis, expectations for the full year 2010 are very positive.
AppliTek financial position as per end of November 2010 remains strong to very strong. Dun and Bradstreet (D&S) has recently allocated AppliTek a financial soundness rating of 1, the report of D&S continues: “Stakeholders can rest easy and assured”. Also the main bankers of AppliTek, FORTIS BNP PARIBAS & KBC BANK have allocated first-rate Expected Default Frequency indicators for AppliTek.
The outlook for 2011 and beyond is very upbeat based on the current order portfolio, the long running projects, the repeat orders and the projected turnover and order intake figures.
More info can be obtained through David Laurier, President & Vice Chairman of AppliTek at +32 9 386 34 02.
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