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Connect Group Interim statement: 3rd quarter 2011

Connect Group NV (Euronext Brussels: CONN) announces 3rd quarter 2011 sales of EUR 34.2 million and a profit from operations of EUR 1.3 million. In the comparable 3rd quarter of 2010, sales were EUR 33.7 million with a profit from operations of EUR 0.5 million.
Given the holiday period, third quarter sales are in line with expectations. Continuing cost saving and efficiency measures have brought operating profit up to 3.8 percent of sales.
At the end of Q3 2011, the order book stood at EUR 70.7 million, down slightly on the EUR 72.0 million at the end of Q2.


Statement by the persons responsible for preparing the interim statement

This interim statement has been compiled under the responsibility of the management of Connect Group. The figures given in this statement have not been audited. The information contained in this interim statement does not contain all the information referred in IFRS 34.

 

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