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Schuberg Philis reports record revenues of €35 million

Schuberg Philis, mission critical outsourcing services provider, has realised record revenues of € 35 million in 2009, a growth of 15% compared to the previous year. The net profit margin was 10%. Furthermore, the contracted future revenues (the value of all current contracts) increased to € 85.5 million.

Schuberg Philis, mission critical outsourcing services provider, has realised record revenues of € 35 million in 2009, a growth of 15% compared to the previous year. The net profit margin was 10%. Furthermore, the contracted future revenues (the value of all current contracts) increased to € 85.5 million. This is an important indicator of the success of IT service providers.

Pim Berger, Managing Director of Schuberg Philis: “These financial results are fantastic, but only tell part of the story. More than anything they reflect the power of the relationships with our employees, customers and partners. These are based on trust, a deep understanding of our customers’ needs and a company-wide commitment to exceed expectations. As a result, our customers are very loyal and all of them have come to rely on us for services above and beyond our initial engagements.” Schuberg Philis is a private Dutch company that competes with renowned outsourcing providers such as Atos Origin, HP/EDS, KPN (previously GetronicsPinkRoccade) and IBM Global Services.

Schuberg Philis has grown organically every year since its establishment in 1999. Currently it has 130 employees and customers such as Rabobank International, Eneco, ING, Deloitte Enterprise Risk Services, ABN AMRO, NUON/Vattenfall, LeasePlan and bol.com.

In 2009 Schuberg Philis was awarded Deloitte Best Managed Company and was a finalist for the Ernst & Young Entrepreneur of the Year award. Furthermore, the company received the highest customer satisfaction score in Giarte’s Outsourcing Performance Survey for the fourth consecutive year. Berger continues: “Our strong and steady growth demonstrate that focus works. We exclusively address mission critical IT applications which require 24/7 availability and we guarantee 100% uptime for such systems. To live up to this guarantee, we have developed a unique service model. This offers customers a considerably higher quality of service than is unfortunately still the norm in the IT industry.”

Below you will find a summary of the most important financial figures in 2009 and 2008. The complete annual report is available online.

Key Financial Figures

Profit and Loss Statement (In € 1,000s)20092008

Total Revenues35,02430,390

Net Profit3,6733,911

Net Profit Margin10%13%

Balance Sheet (In € 1,000s)31-12-0931-12-08

Tangible Fixed Assets13,19814,058

Working Capital8,1636,166

Debt--

Equity21,15020,366

About Schuberg Philis Schuberg Philis is an innovative private company and an important player in the field of mission critical outsourcing services. Schuberg Philis exclusively addresses company applications which require 24/7 availability and guarantees 100% uptime for such systems. Schuberg Philis complies with the highest international standards regarding risk management and corporate governance, while remaining flexible to evolving customer needs. For more information, please visit www.schubergphilis.com. For more information, regarding the contents of this press release, please contact: Ezra van Tiel Bex*communicatie T 020 582 98 29 / 06 5349 1545 E evtiel@bexcommunicatie.nl

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