Ivonievel schreef:
Ik maak me niet druk in welke richting de koers gaat varen de volgende weken, heb nog steeds het volste vertrouwen in Hagemeyer en zijn CEO. Zie onderstaand artikel,Rudi De Becker draait de beleggers tenminste geen rad voor de ogen maar tracht zo duidelijk en eerlijk mogelijk met de toekomst van het bedrijf naar buiten te treden.
Succes allen, vriendelijke groeten Ivo
Hagemeyer CEO says outlook 'not based on any dark clouds on horizon'
HAGEMEYER 4.40 -0.05 (-1.12%)
The forecast by Hagemeyer NV of lower revenue growth in the remainder of the year compared to the first quarter is 'not based on any dark clouds on the horizon,' chief executive Rudi de Becker said.
Analysts were disappointed by the business-to-business distributor's outlook for revenue growth to continue in 2006, 'but at a somewhat lower rate than during our very strong first quarter.' Speaking during a conference call on the company's first-quarter trading update, the CEO said it was 'a general statement' after the record growth rate in the first quarter, 'really to avoid that we get into a situation of irrational optimism.' Hagemeyer's share price has risen over 75 pct in the last three months.
'We're not becoming conservative either, just realistic,' he said, adding, 'we don't want to tell the market all sorts of stories which only drive the outside world into exuberance. It is just based on our experience on what will happen.' For the UK, the CEO said he expects the revenue growth rate to continue in the remainder of the year, 'but at a lower or higher rate than in the first quarter is difficult to predict, it would be crystal ball gazing.' Regarding the higher copper prices, which accounted for almost half of its first-quarter revenue growth, the CEO said the company is able to pass on the copper price increases to the market.
Hagemeyer will address profitability at its North American activities in the first-half results, De Becker said, adding he was 'satisfied' with sales growth in the US in the first quarter.
Although some analysts had hoped for more concrete guidance, Hagemeyer will update its outlook for 2007 at the publication of first-half results on August 9, De Becker added.
The company today repeated the 2007 target for its largest division, Professional Products and Services (PPS) of 9 pct return on invested capital (ROIC). The eventual outcome is expected to range between 7 and 10 pct, depending on the extent to which it is able to realise its assumed 3-5 pct annual sales growth and its gross margin improvement targets.