Recent Highlights
This page features some highlights of Porthus's most recently published financial results.
Financial Year Results 2009
Date published: September 21, 2009 - 7:30 AM CET
Porthus announced results for the year ending June 30, 2009.
Porthus maintains growth of 20% for its core business
Lier, Belgium - September 21, 2009 - 7:30 AM CET - Porthus (Alternext: ALPTH), a leading provider of Global Trade Management solutions today announced results for the fiscal year ending June 30, 2009.
In 2009, Porthus achieved net revenues of € 22,426K, compared to € 19,852 in 2008 . Porthus' growth was primarily driven by its Solutions activity which increased by 20.1%, from € 11,581K last year to € 13,913K. Over financial year 2009, Global Trade Management represented 65% of net revenues.
Gross profit increased by 18%, amounting to € 9,547K. EBITA improved to € 2,183K compared to € 1,822K in the previous year, in spite of significant additional investments in Research & Development.
Despite continued top line growth, the earnings per share showed a slight decline because the net result was impacted by a tax expense of € 722K. Net result amounted to € 1,122K resulting in earnings per share of € 0.46.
The balance sheet remained solid and the strong net cash position supported the company in continuing to deliver growth in unstable economic times.
FY09 Downloads
English version of the press release
Dutch version of the press release
Income Statement, Balance Sheet and Cash Flow Statement
Investor/Analyst Call Presentation
Porthus 2009 Annual Report - English - Dutch