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Quasus announces results of first 9 months of 2006.

Quasus announces to have realised during the first nine months of 2006 a revenue of €3.306.944 in its activities of Consulting in Testing, Process Optimisation, Compliance and Outsourcing. The profit before taxes amounts to €492.702 (14,9% of the revenue).

The results are in line with the expectations of the Company.

Compared with the first nine moths of 2005, Quasus’ revenue in the first nine months of 2006 grew by 205%. The gross margin grew by 204%.

The growth of the revenue was the result of important investments in marketing and sales which represents 5.8% of the revenue.

The general and administration expenses represent 6.3% of the revenue of the first nine months of 2006.

The profit before taxes grew from €203.013 during the first nine months of 2005 to €492.702 during the first nine months of 2006 being a significant growth of 243%.

Quasus has started from the activities of a subsidiary of a French company active in Belgium since 2000 and has been created as an independent legal entity on 17th March 2004.

Quasus employs actually 65 Consultants in diversified areas such as banks, insurance companies, telecommunication organizations, automotive companies, pharmaceutical industry and the retail distribution.

Quasus expects for the full year 2006 an important increase of its revenue taking into account its position in the present market.

More information :

Company n.v. Quasus s.a.

Location Excelsiorlaan 89, B-1930 Zaventem, Belgium

Contact Alex Van Cauwenbergh

Phone +32 (0)2 712 96 50

Mobile +32 (0)498 90 37 80

E-mail info@quasus.be

Site www.quasus.be


Publisher Contact Information:

Quasus

+32 (0) 2 712 96 50

alex.vancauwenbergh@quasus.be

Company profile of Quasus

Past press releases of Quasus.