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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 EBITA-loss of BPO totals EUR 3.1 million (loss in first half 2007: EUR 2.8 million). * The premature termination of the BPO contract by Robeco Direct, as announced in June, has resulted in a one-off impairment of intangible assets to the size of EUR 6.2 million before taxes. * The recurring earnings per share before amortisation of intangible assets due to acquisitions amounts to 0.46 EUR in H1 2008 (first half 2007: EUR 0.49).
