Press Release Q2 and HY 2017 results
(WorldNews Netherlands)

Working days Q1 Q2 Q3 Q4 FY 2017 65 61 65 63 254 2016 63 62 66 64 255 Gross Profit The gross margin adjusted for working days is 27.5% (2016: 27.3%). The increase in gross margin due to the change in mix is largely offset by a lower productivity. Operating costs The operating costs increased due to continuous investment in sales force and technology. Effective tax rate The effective tax rate in the first half year of 2017 is 75.6%. Due to the seasonality in Europe our tax rate is higher in the first...