Ordina

Ordina (AMS:ORDI) Nieuwegein, the Netherlands, 18 November 2008

Ordina (AMS:ORDI) Nieuwegein, the Netherlands, 10 November 2008

Ordina (AMS:ORDN) Ordina has acquired a 100% equity stake in Belgian company E-Chain Management, which has offered SAP-based business automation services since 2001, and is a certified SAP service and channel partner. E-Chain's 108 SAP specialists generated a revenue of approximately EUR 13.6 million in 2007.

Ordina (AMS:ORDN) HIGHLIGHTS OF FINANCIAL RESULTS FOR FIRST HALF OF 2008 * Total revenue increases to EUR 360.7 million (H1 2007: EUR 311.4 million). An increase of 16%. Organic revenue growth is 13%. * Revenue generated from multi-year contracts has increased from 15% in the first half of 2007 to 21%. * Revenue increases in the strategic markets finance and public amount to 50% and 10% respectively. * Revenue growth in Belgium and Luxembourg constitutes 33%. * Recurring EBITA amounts to EUR 25.4 million (first half 2007: EUR 25.8 million). * Recurring EBITA-margin amounts to 7.0% (first half 2007: 8.3%). * Revenue generated by Consulting, IT and Application Outsourcing has increased with 14% to EUR 337 million in the first half of 2008 (first half 2007: EUR 296 million). The EBITA-margin on Consulting, IT and Application Outsourcing is 8.5% (first half 2007: 9.7% ). * Revenue in BPO has increased with 53% from EUR 15.4 million to EUR 23.6 million. The recurring EBI ...

Ordina Ordina completed today the sale of the unit Ordina Technical Automation B.V. (TA). The NMa (Netherlands Competition Authority) approved the transition of activities to TA's current Board of Directors along with Gilde Equity Management Benelux (GEM). June 16th Ordina announced the agreement with GEM to sell all of its shares in TA for an amount of 30 million Euro, on a cash- and debt free base. The effective date of the sale of Ordina Technical Automation B.V. will be the 1st of January 2008. More information on the effects of the sale will be made available at the presentation of the interim results on the 19th of August.

Ordina Robeco Direct N.V. has decided to end its outsourcing agreement with Ordina BPO prior to the termination of the contract. The agreement, signed on the 12th of February 2007, stipulated that Robeco Direct's savings and investment back-office processes would be outsourced to Ordina BPO.

Ordina Ordina announced today that the unit Ordina Technical Automation B.V. (TA) has been sold, subject to approval from the NMa (Netherlands Competition Authority). TA has been taken over by TA's current Board of Directors along with Gilde Equity Management Benelux.