Haarlem, 15 August 2001
DPA Holding NV is an international holding company specialised in the secondment of and interim management by financial, administrative professionals. Its shares are listed at Euronext Amsterdam. DPA Holding continued the good 2001 first quarter results during the second quarter of 2001. Compared to the first half year of 2000 turnover increased by 23% from EUR 15.7 million to EUR 19.3 million, whereas net profit increased by 30% from EUR 1.7 million to EUR 2.2 million during the first half year of 2001.
TURNOVER
Compared to the second quarter of 2000 sales increased by 26% in the second quarter of 2001. Demand for financial, administrative specialists remained in full force during the second quarter of 2001. Due to the successful marketing campaign, DPA could well profit from this demand. In particular the regional approach of recruitment of candidates was the key to a prompt service to our customers. In comparison to the first quarter of this year turnover decreased by 9%. 4.2% of total turnover has been achieved by the Dutch branches that started their activities after January 1, 2000. 1.4% of the result has been realised by the branches abroad ( that started after 1 January 2000).
NET PROFIT
Net profit in Q2 2001 increased by 80% compared to net profit of Q2 2000. The branches abroad still show losses; net EUR 350,000 in the first half year of 2001. It is expected that the branches in Germany and Spain will contribute to the profit in the year 2002 (barring possible extra investments in new branch offices). DPA Holding will this year invest around net EUR 550,000 in the existing and new foreign branchoffices.
OUTLOOK
Despite the insecure general economic forecasts, management maintains the expectation, as pronounced at the presentation of the 2000 annual results, that in comparison to last year turnover as well as net profit will increase considerably in the year 2001.
DPA will officially open a branch in London on 1 September 2001. Also a new branch in Brussels will become operational in the fourth quarter of this year.
For full report with tables see: Press Release DPA Holding, Q2 2001 pdf.file
DPA is a highly specialised, independent operator in secondment of financial and accounting professionals and interim-management throughout the entire financial community. In-depth knowledge of finance and accounting, a database of experienced financial specialists together with highly qualified and experienced business unit managers and account managers, constitute the fundamentals of the organisation.
Its regional presence enables DPA to respond smoothly and adequately to the structural demand for know-how, experience and flexibility in industry, in government agencies and in the non-profit sector. It is this approach as a service supplier which represents DPA's added value for clients, secondees and interim managers alike. This solid basis gives DPA opportunities to contribute to the customers' mission.
DPA, founded in 1990, is listed since March 1999 at EURONEXT Amsterdam (symbol: DPA; security code: fc 34730; ISIN code: NL0000347300).
