2005/2006 Turnover: Growth head of forecasts. +23% overall, +17% organic

  • May 9, 2006Regulated information

Paris, 9 May 2006, 6.00pm

In €M IFRS 2005/2006 2004/2005 Variance
Turnover 9 months 27.4 22.8 +20%
Turnover Q4 11.3 8.6 +33%
Total 38.7 31.4 +23%

The SoluCom Group increased its rate of growth in Q'4, with a 33% increase in turnover, of which 21% was organic. This strong performance let the Group post for the financial year ended 31 March 2006 growth of 23%, of which 17% was organic, compared with targets of 22% and 15% respectively .

This growth was significantly higher than the sector average and confirms the Group's positioning in the growth market of infrastructure consulting, such as ToIP (Telephony over IP), with more than 20 deals signed in this field during the year.

It is also testimony to excellent sales dynamism, given concrete expression with the opening of a dozen new major accounts such as Alstom, EADS, Eurostar, Pernod-Ricard and Thomson over the year. SoluCom is now present in over 70% of the Companies listed on the French Stock Exchange's CAC 40, buttressing its position as leader amongst the pure players in the field of infrastructure consulting.

Dreamsoft, a successful acquisition, a strengthened development plan

Ever since joining the Group, Dreamsoft has been reinvolved in a growth curve, with six months' turnover of € 2.2M (as compared with € 3.6M for the whole of the 2004 financial year). This performance has validated the success and strategic interest of the deal, which strengthens the Group's skills in software architectures and SOA (Service Oriented Architectures).

Thanks to this acquisition, at 31 March 2006, SoluCom had weight of over € 40M, passing another milestone in its development plan that targets 500 employees and turnover of € 55M by 2007.

Almost 400 employees at year-end

Within a constantly improving market, SoluCom as expected has been emphasizing recruitment, in order to handle sustained growth. Thus employees went up 35% compared to 2004/2005 (up 19% excluding Dreamsoft), to reach 392 staff at 31 March 2006.

Confidence confirmed for 2005/2006 results

The high growth recorded during the period allows the Group today to aim at achieving the top end of its operating profit targets, set at between 10 and 12%.

SoluCom will publish its 2005/2006 annual results and outlook on 21 June 2006.

About the SoluCom Group

The SoluCom Group is active in infrastructure consulting in the telecoms, work stations & data center, security and software/middleware infrastructures segments.

The Solucom Group's client roster includes some very prestigious names, all of which are very large accounts including: Air France, Air Liquide, Alstom, ANPE, Arcelor, B NP -Paribas, Bouygues Telecom, Canal+, EADS, EDF, E.Leclerc, Eurostar, France Télécom, Gaz de France, Groupama, Groupe Crédit Agricole, La Poste, L'Oréal, Ministries of Foreign Affairs and Education, Neuf Cegetel, Pernod Ricard, PSA Peugeot Citroën, PPR, Saint-Gobain, SFR, SNCF, Société Générale, Suez, Thomson, Total, Valeo.

SoluCom is listed on Euronext Paris – Eurolist – Compartment C and is a member of the NextEconomy segment.

ISIN code: FR0004036036 – FTSE: 972, Services Informatiques ? Mnemonics: LCO

All our financial information is available at www.solucom.fr

Tel.: +33 (0)1 49 03 25 00
Pascale BESSE
Tel.: +33 (0)1 49 03 25 00
Kaparca Finance
Guillaume LE FLOCH
Analysts ? Investors Relations
Tel.: +33 (0)1 72 74 82 25
Press Office
Tel.: +33 (0)1 72 74 82 24

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Regulated information

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