Source to Success
Last week Dutch newspaper De Telegraaf reported that Ordina negotiated a refinance of their outstanding debt with ABN and ING worth €30 million. It is not the first time Ordina negotiated a deal with the banks. Back in 2009 it badly needed credit and got €120 million from ING, ABN, NIBC and RABO. To settle […] Read more »
Or can it? Fact: The negative trend continues in Q3 2012. We wrote a quick analysis on the downward trend in 2011 earlier this year. Peter Vermeulen of research house PB7 just concluded that the big four (Atos, KPN, Cap, Ordina) combined dropped 7% in revenue in Q3, similar to Q2 and Q1. The problem […] Read more »