OIM plc announces 15 cents Earning Per Share for 2011
OIM plc announces 15 cents Earnings Per Share in the final figures for 2011 as sharp increase as compared to 2010 (1 cent per share). This equals to a net profit of € 2,64 million (2010 € 0,40 million). Total shareholder equity ratio increased from 37% to 47%, with a total equity value of € 9,8 million (2010 € 6,6 million). Total turnover increased by 5% to € 41,7 million (2010 € 39,7 million). For further details, please see the Consolidated Balance Sheet and Profit & Loss account Download factsheet.
Overview 2011:
In a difficult economic environment OIM plc and its investments achieved further growth and realized their goals and commitments. We are pleased to show a strong growth in Earnings Per Share for our shareholders, at the same time. During 2011 we realized our first step in our business plan for MySPARTA AG, including their successful capital raising. Due to market circumstances OIM plc was not able to achieve a full subscription for the zero-bond and therefore cancelled the issue. OIM plc has acquired Out of Africa AG, a German company publicly traded on "Freiverkehr" , which will be used in the course of 2012 for new investments.
Marius Ritskes, CEO of OIM plc, commented: "I expect to create further business opportunities and strengthen present business streams, which should lead to higher Earnings per Share, as the results of the first months of this year have demonstrated. Furthermore, I will stay focused on shareholders value including dividend payments in the near future".
For additional information, please contact:
OIM plc
Marius Ritskes, CEO
+31 40 214 65 65
info@oimplc.com