Ronald Kasteel, former CEO Ordina N.V.:  “We can look back on a satisfactory six-month period, despite the turbulent market conditions, with revenue rising by nearly 5% and recurring EBITDA improving by 16%.

Ordina N.V. first quarter 2011: EBITDA increases with 14%. Interest on subordinated loan paid in cash.

“For the market and Ordina, 2010 was a turning point. It is now safe to say that the signs seem to be indicating that we have come through the worst of the economic crisis and that the height of its impact on our operations is now behind us. Market conditions improved in the course of 2010. There was a noticeable upturn in the market, particularly in the second half of the year.” Ronald Kasteel, former CEO Ordina N.V.

Ordina presented its annual results for 2010 on the 1st of March 2011. Listen to the analyst presentation broadcasted via audio webcast.