Recently Acquired Dockwise Did Well in 2012

Press Release
Monday, February 25, 2013

Dockwise publish audited annual accounts for 2012, having earlier published an unaudited version.

The unaudited 2012 results were first disclosed as part of the publication by Dockwise of the Q4 2012 results on 13 February 2013.

Performance highlights:

  • Revenues USD 539 million
  • Adjusted EBITDA USD 181 million
  • Adjusted Net Profit USD 40 million
  • Fleet Utilization 74%

As indicated in the position statement of Dockwise regarding the mandatory cash offer by Boskalis for all of the issued and outstanding common shares in the capital of Dockwise (the "Position Statement"), the audited annual accounts 2012 are deemed to be part of the Position Statement in accordance with the Dutch Public Takeover Offers Decree.

The audited annual accounts, the Position Statement and the Addendum are available on the Company's website.
 

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