IFCO Reports Continued Strong Revenue and EBITDA Growth in 2010
Amsterdam, February 11, 2011 - In line with the expectations, IFCO's currency adjusted group revenues grew by 9.1% to US $785 million and currency adjusted EBITDA improved by 20.1% to US $150 million in 2010 compared to 2009.
RPC Management Services delivered significant gains in currency adjusted revenues by 18.3% to US $452 million and currency adjusted EBITDA by 20.4% to US $135 million in 2010 as compared to 2009. 2010 revenues in the Pallet Management Services business segment declined slightly to US $333 million while EBITDA grew by 10.3% to US $25 million compared to 2009.
The full annual report 2010 will be published on March 3, 2011.
Dr. Michael W. Nimtsch
IFCO SYSTEMS N.V.
Tel: +49 89 744 91 121
Fax: +49 89 744 91 239
Email: Michael.Nimtsch@ifco.de
