Annual Reports

2007 was an outstanding year for Hertel. The total group revenue rose to EUR 678m which was 28.8% higher than in 2006 (EUR 525m). EBITA doubled to EUR 40m (2006: EUR 19m). Autonomous growth accounted for EUR 112m (21.9%).
All our business groups have operated in the upside of the markets and contributed positively to the year’s performance.

We have had the honour to serve our clients in their home markets by introducing new cohesive services and efficiency improvement programs to support them in controlling and lowering the total cost of ownership, but also to follow them in new industrial geographic areas around the globe.

We are proud of our people who demonstrated again their ability to perform, deliver and improve any service that we offer.

Executive Board
Hertel
Rotterdam, 30th May 2008