tatje schreef op 5 november 2014 12:06:
[...]
Goed lezen in het vervolg !
Volgens mij geen marktaandeel verloren, maar 8% erbij !
Oil & Gas revenue increased in Q3 2014 compared to Q3 2013 by 1% to EUR 247 million. This increase
is fully driven by the Projects division, which increased by 12% to EUR 44 million, as a result of the
Wheatstone and Gorgon Projects. The Energy division’s revenue decreased by 1%.
The gross margin in the Oil & Gas division slightly increased to 11.7% in Q3.
Brunel Europe’s revenue increased by 3% to EUR 102 million in Q3 compared to the same period last
year. Compared to Q2 2014 revenue in Europe increased by 4%. Gross margin dropped by 0.5ppt to
34.3%.
The growth in Europe in Q3 is driven by the growth in the Netherlands, where revenue grew in Q3 by
8%. Headcount levels reduced during the summer period, but picked up again in September and stayed
well above 2013. Finance, ICT and Legal continued to show strong growth, but Engineering showed a
decline. The change in the revenue mix, in combination with price pressure, caused the gross margin to
drop by 1.7ppt.
Revenue in Germany is below the Q3 2013 revenue by 1% at EUR 53 million. The headcount picked up
slightly after the drop in July, but stayed below the 2013 levels in Q3. Retention of account managers
appears to improve slightly.