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Sales up by almost 3 percent – in spite of difficult market conditions |
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Capital ratio increases by 8.5 percentage points |
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Integration of new affiliated group companies under the EOS brand including EOS Solutions
UK Plc |
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Successful expansion in Eastern Europe |
Hamburg / Warrington, December 1st 2006. The parent company of EOS Solutions UK Plc - EOS Holding, can look back on a satisfactory financial year 2005/2006. The internationally positioned financial services company with its head office in Hamburg posted aggregate sales of EUR 203.8 million, an increase of EUR 5.3 million over the previous year.
This growth of almost three percent took the EOS Group past the EUR 200 million mark by the end of the financial year in February. Earnings before tax (EBT) remained almost constant at just under EUR 40 million. On the other hand, the Group increased its capital ratio by 8.5 percentage points to its current level of 26.6 percent. “Financial independence is an important factor in our success, particularly in view of the ever-increasing competitive pressure”, said Hans-Werner Scherer, Chairman of the Board of Directors at EOS Holding.
Commenting on the Group’s results, Craig Proctor, Chief Executive of EOS Solutions UK Plc said: - “The group’s broad range of services means that we provide our clients with comprehensive support and advice. At the same time, the EOS group can use their high level of diversification as a strategic instrument that makes us comparatively independent of negative market trends.
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