AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

Defence
Communications
and Security
Spain and other
markets
Latin America
Total Markets
Total Amper
Sales Contracts
Spain Abroad Spain Abroad EBITDA
Vast improvement in the initial estimates
With this data, Amper has substantially improve the initial estimates, which involved the
integration of eLandia from 1 January 2011 (actually integrated 1 April), and a Euro /
USD exchange rate of 1.3.
If these two premises had been met, the turnover would have been 431 Million Euros,
and the EBITDA would have been 26.2 Million Euros, entailing significantly higher
figure in both cases (2.6% and 31% respectively) than those of the initial estimates
(420 Million Euros for the turnover and Euros 20 Million for the EBITDA).
Success of the internationalization strategy
Amper has complied during this financial year with its commitment to incorporating
eLandia, a major milestone that has contributed additional activity in 14 new countries
in Latin America and with sales amounting to 131 Million Euros which represent a
growth of 39% compared to sales of eLandia during the same period in 2010.
In addition to the operations resulting from this incorporation, the continuation of the
strategy to expand into other markets outside Latin America, such as the United Arab
Emirates and Vietnam markets, it has led to a great increase in activity abroad in 2011
compared to 2010, as can be seen in graphs below:
Spain – Abroad
Contracts 2010
Spain – Abroad
Contracts 2011
Spain – Abroad
Sales 2010
Spain – Abroad
Sales 2011
Increased efficiency
Improved productivity
The optimization of the structure in Spain has been carried out with a dual approach:
adaptation to the development of the business in the country and retaining the talent,