Amsterdam, March 20, 2007
During the annual meeting of shareholders, DPA provided more detailed information with respect to their strategy for growth. DPA view growth as an important element in preserving their strong position in a consolidating market for financial and IT secondment. In addition to organic growth, if the right opportunities present themselves, acquisitions are an option within the main fields of expertise: Finance, IT, and Procurement & Logistics. Growth in terms of quality improvement will remain the strategic goal in order to preserve their position among the market leaders.
DPA will investigate the presenting options critically and with a clear focus, mainly on companies the business model and size of which would facilitate rapid integration and a contribution to profits. A good example of this targeted approach is the recent acquisition of Geos IT Professionals.
In every individual situation, the best possible construction to finance an acquisition will be studied. Loan capital financing, as far as justified given the balance sheet ratios, and/or the issue of new shares are realistic options in this respect.
Further to facilitate organic growth, an extensive television and radio media campaign will be launched on March 22 next. This campaign will predominantly target the labour market, while at the same time launching their new logo.
Profile of DPA
DPA Flex Group N.V. is a specialized secondment company that is listed on Euronext's Next Prime index.
Trading under the names of DPA flex professionals, DPA Supply Chain People, and Geos IT Professionals, the operating companies predominantly meet temporary needs for knowledge and expertise in the areas of Finance, IT, and Procurement & Logistics within companies and institutions. In addition to the fields of expertise mentioned above, DPA seconds interim professionals from disciplines including HR, Banking & Insurance, and project management.
DPA is active in the Netherlands and Spain, and is an ambitious and leading supplier of knowledge and value creating flex professionals.
Further details are available at www.dpaflex.com.
Note to the editors (not designated for publication):
For more information:
DPA
Peter Smit, CEO
Jan van Duijn, CFO
+31 (0)20 515 15 55 / +31 (0)6 13 85 30 85
