Drees & Sommer achieves double-digit growth in sales and net income in 2008

05.06.2009

Net income for 2009 expected to be at similar level to 2008.

Drees & Sommer Group sales increased by EUR 16.5 million over prior year to EUR 136.9 million, with foreign business accounting for 22 percent of this figure. Profit from ordinary activities increased by 10.9 percent from EUR 11.1 to 12.3 million. The Group's equity ratio is some 31 percent. This shows that the company's strategy - of ensuring a market-focused range of services in Project Management, Real Estate Consulting, and Engineering with a market presence of 1050 employees in 25 locations - has paid off.

The Drees & Sommer Partners (shareholders) are also confident about 2009, anticipating pre-tax operating result and group net income at similar levels to 2008. The growth strategy is to be continued as far as market trends permit. The company's market position will be further strengthened in 2009 through new internal knowledge and innovation management systems and ongoing employee training.