International. With a growth of 2.5 percent in its revenues, the company specialized in facility services ISS closed 2014. This was made known through a statement in which it published its balance sheet for the fourth quarter of last year and its expectations for 2015.
In addition to the increase in revenue, the company also reported an operating margin of 5.6 percent, slightly better than the 5.5 percent in 2013, and 6.5 percent for the last quarter of the year.
Similarly, net profit increased to DKK 1,014 million, an excellent result compared to the loss of DKK 397 million in 2013.
Revenue from Facility's Integrated Services area increased by 10 percent, translating into revenues of DKK 22 billion. This amount represents 31 percent of the company's total profits. For the year 2013 this same item generated 26 percent of revenues.
Jeff Gravenhorst, Group CEO of ISS, said of these results that "we have generated resilient organic growth, while improving operating margin and ensuring a strong conversion to cash, despite difficult macroeconomic conditions."
"We have a strong foundation for future growth and have seen a solid start in 2015 with new contracts with companies such as Huawei in China and UBS in the UK," the official added.
