2006/2007 first half revenues: 22.7 Euro million – Up + 35%

  • November 14, 2006Regulated information
€m 2006/2007 2005/2006 Change
H1 revenues 22.7 16.8 + 35%

Solucom Group posted 2006/2007 consolidated revenues for the six months ended 30 September of € 22.7m, up 35%.

Adjusting for the acquisition of New'Arch, growth for the half year amounted to 30%, which is exactly in line with the Group's development plan.

These results include Dreamsoft, which posted revenues of € 4.3m over the period. Dreamsoft's revenues were boosted by the decision to combine all Group activities relating to software architecture within Dreamsoft, which, as in the first quarter, makes it impossible to compare with prior years on a like-for-like consolidation basis.

Sharp increase in employees

Solucom continued to focus on recruitment with considerable success. At 30 September, the Group including New'Arch employed 465 staff, up from 392 six months earlier. The Group is now close to its objective in respect of 2007 to reach a total of 500 staff.

Confirmed 2006/2007 outlook

Solucom's first half results make it one of the fastest-growing firms in the IS services business in general and particularly in the consulting segment of the market. It confirms the Group's objective to post overall annual growth of at least 20% over 2005/2006 consolidating Dreamsoft over a 12 months period compared with 6 months the prior year. This increase will be further boosted by the contribution of New'Arch over 8 months and KLC over 5 months. The acquisition of KLC was announced on 8 November 2006.

Solucom will publish its new objectives for the current year when it releases its half year results.

Next update: Half Year Results 2006/2007, on 12 December 2006 (after close of trading).

The Solucom Group: Strategy, Design and Governance of Infrastructures

A key player and leader in the field of IT infrastructure consulting, the Solucom Group works with the IT departments of major accounts to develop their infrastructure strategies, design solutions and ensure the governance of their infrastructures.
The Group also consults to Telecoms operators and the media to define their strategy for innovative offerings and services.
Solucom is the partner of the largest French companies in their national and international projects: Air France, Alstom, ANPE, Banque de France, BNP-Paribas, Bouygues Telecom, Carrefour, Crédit Agricole, EDF, Gaz de France, La Poste, L'Oréal, Ministères de l'Economie et des Finances, Affaires Etrangères, de l'Education Nationale, de l'Intérieur, Neuf Cegetel, Orange, RTE,  SFR, SNCF, Société Générale, Suez, Total.
Solucom is listed on Euronext Paris – Eurolist – Section C, NextEconomy section.
ISIN code: FR0004036036 – FTSE: 972, Services Informatiques – Mnemonics: LCO

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

Phone: +33 (0)1 49 03 25 00
Pascale BESSE
Finance Director
Phone: +33 (0)1 49 03 25 00
Kaparca Finance
Mathieu OMNES
Analyst & Investor Relations
Phone: +33 (0)1 72 74 81 87
Press contact
Phone: +33 (0)1 72 74 82 24

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Regulated information

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