--Dutch Docdata net profit halves in 2010

Internet Business News
02-24-2011
--Dutch Docdata net profit halves in 2010

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

24 February 2011 - Dutch IT company Docdata NV (AMS:DOCD) said today its net profit for 2010 declined to EUR3.8m (USD5.2m) from EUR7.7m in 2009.
Revenue grew to EUR104m from EUR80.5m. The company's IAI Industrial Systems unit generated EUR600,000 higher sales. Revenues from e-commerce services grew organically by EUR16.9m. The acquired Dohmen Solutions Groep contributed as of mid-April EUR14.3m.

Docdata plans to pay a dividend of EUR0.35 per share.

In 2011, the company plans to focus on further growth in existing markets, both organically and via acquisitions.

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