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COWI's first half-year 2007: Profit up by 24% to DKK 106 million 

Photo: Morten Larsen
President Klaus H. Ostenfeld: "COWI's order books are at a record level."
COWI reports growth across the board.

The international consultancy group COWI A/S has today released an interim report for the first half of 2007. The key financial figures report growth across the board:

  • net turnover up from DKK 1,411m to DKK 1,463m (up 4 per cent)
  • operating profit up from DKK 85m to DKK 106m (up 24 per cent)
  • operating margin up from 6.0 to 7.2 per cent
  • pre-tax profit up from DKK 88m to DKK 118m (up 34 per cent)
  • profit for the period up from DKK 62m to DKK 109m (up 76 per cent)

The performance is satisfactory

"H1 2007 performance is satisfactory," Klaus H. Ostenfeld, President and CEO of COWI, states.

He continues: "The activity levels on the Danish, Norwegian and international markets for consultancy services have been high and at the end of H1 2007 COWI's order books are at a record level. During H1 2007, COWI made a number of strategically important acquisitions. For 2007, we aim to pursue our strategic development and achieve increased turnover and earnings compared with 2006."

By John Jørgensen, jhj@cowi.dk
Published: 30.08.2007

LAST UPDATED: 23.09.2009