Solid financial results for difficult 2009

Ronald Kasteel: “2009 will be remembered as a special year for Ordina in our more than 35-year history. A year that was off to a rough
start, but that we managed to pull through rather well in the end considering the circumstances. This is in part thanks to
the 32% increase in revenue share deriving from long-term contracts."

 
 

Audiowebcast Annual Results 2009

Ordina presents its Financial results for 2009 on the 2nd of March 2010. Listen to the analyst presentation broadcasted via audio webcast.

 
 

Ordina strengthens financial position

Ronald Kasteel, CEO of Ordina N.V.: “We can look back on a relatively good first half-year and we will keep well within our current bank covenants on 30 June 2009 with a ratio of net debt to adjusted EBITDA of around 2. Nonetheless, we have decided to strengthen our financing and capital base. We feel that it is extremely important, in a market that is difficult to predict, to be able to rely on a solid and fully committed financing position immediately and at any time. In addition, looking ahead, we also attribute importance to keeping within our internally set policy to cap the ratio of net debt to adjusted EBITDA at 2. It is essential, particularly in the current economic climate, to be able to focus all our attention and energy on the market, our customers and operational matters within Ordina. To achieve this, it has been decided to effect a share issue of 19% in the outstanding share capital and to contract a subordinated loan."

 
 

Short profile

Ordina was incorporated in 1973 and in 2009, it operates with approximately 4,500 employees in the Dutch and Belgian markets to improve clients´ business processes. We have deliberately chosen a specialist profile with clients in the Finance sector, Public sector, Healthcare sector and Industry sector. We assist our clients in determining the future of their business operations and positioning. Our specialism in themes such as Organisational Management, Customer Services and Sourcing matches our clients’ focus areas. Read more about Ordina in the press folder.

 
Ordina
Ringwade 1, 3439LM Nieuwegein. Postbus 7101 3430 JC Nieuwegein. Telefoon: (+31)30 663 7000 Fax: (+31)30 663 7099 www.ordina.nl info@ordina.nl