AMSTERDAM 29 June 2010 – Interxion, a leading European provider of carrier-neutral colocation data centre services, today released its unaudited numbers for the three months ended 31 March 2010.
Highlights:
- Revenue increased by 18% to €47.8 million (Q1 2009: €40.4 million)
- Adjusted EBITDA increased by 24% to €17.4 million (Q1 2009: €14.1 million)
- Adjusted EBITDA margin improved to 36.5% (Q1 2009: 34.9%) Net loss of €4.7 million (Q1 2009: profit €5.9million)
- Raised €260 million through senior secured notes and new revolving credit facility which replaced an existing €180 million credit facility
Interim Financial Statements
To view Interxion Holding NV’s Interim Report for the three months ended 31 March 2010, please visit the investor section of Interxion’s website at www.interxion.com and click on “2010 Q1 Interim Report”.
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For more information
James Melville-Ross/Edward Bridges/Haya Herbert-Burns
Financial Dynamics
SB: +44 (0) 207 831 3113
Email: Interxion@fd.com
About Interxion
Interxion is a leading provider of carrier-neutral colocation data centre services in Europe, serving over 1,100 customers through 27 data centres in 11 European countries. Interxion’s uniformly designed, energy-efficient data centres offer customers extensive security and uptime for their mission-critical applications. With connectivity provided by 350 carriers and ISPs and 18 European Internet exchanges across its footprint, Interxion has created content and connectivity hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com .
Adjusted EBITDA
EBITDA is defined as operating profit plus depreciation, amortization and impairment of assets. We define Adjusted EBITDA as EBITDA adjusted to exclude share-based payments and exceptional and nonrecurring items and to include share of profits (losses) of non-group companies. We present EBITDA and Adjusted EBITDA as additional information because we understand that they are measures used by certain investors and because they are used in our financial covenants in our €60 million revolving credit facility and €200 million 9.50% Senior Secured Notes due 2017. However, other companies may present EBITDA and Adjusted EBITDA differently than we do. EBITDA and Adjusted EBITDA are not measures of financial performance under IFRS and should not be considered as an alternative to operating profit or as a measure of liquidity or an alternative to net income as indicators of our operating performance or any other measure of performance derived in accordance with IFRS.
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