2007/2008 turnover: 73.0m euros +38% of which +21% organic growth

In €m	2007/2008	2006/2007	Change
Turnover 9 months	52.9	37.3	+42%
Turnover Q4	20.1	15.5	+29%
Total	73.0	52.8	+38%

 

During the 4th quarter of financial 2007/2008 (ended 31 March 2008), Solucom recorded turnover of €20.1m, up 29% on the 4th quarter of 2006/2007. On a like-for-like basis, excluding the contributions of New'Arch, KLC and Vistali, quarterly growth was sustained at 22% between the two periods.

At the end of financial 2007/2008, Solucom’s turnover stood at €73.0m, up 38%, above the annual target, which had been raised to €72m in November 2007. Annual organic growth (excluding New'Arch, KLC and Vistali) stood at 21%.

More than 850 staff at 1 April 2008

At the end of financial 2007/2008, the Group’s activity rate stood at 84%, in line with the Group’s normative rate.

At 31 March 2008, Solucom’s head count stood at 666, against 524 at 31 March 2007. Thanks to the contribution of the teams of Cosmosbay~Vectis, a company that was consolidated as of 1 April 2008, Solucom had more than 850 staff members into 2008/2009.

Current operating margin target confirmed

Bolstered by dynamic activity and robust operational indicators during the 4th quarter, Solucom confirms that its annual current operating margin will range between 11% and 13%, in line with the announced target.

Solucom awarded the "innovative company" certificate by OSEO innovation

Solucom has just been awarded the "innovative company" certificate by OSEO innovation. This certificate rewards the innovative nature of some of the Group’s activities in areas such as SOA.

From now on, Solucom shares are fully eligible for French FCPIs (Fonds Communs de Placement dans l'Innovation, Innovation Mutual Funds), that must invest 60% of their assets in innovative companies.

Upcoming dates: financial 2007/2008 results and outlook for 2008/2009, le 3 June 2008 (after market closes)

 

---

Solucom group: IT to serve our clients’ performance results

Solucom is an independent IT consultancy that addresses all key IT issues: governance consulting, core business IT consulting, technology consulting. Its positioning is summarised by its mission statement: IT to serve our clients’ performance results. 
Upstream, Solucom also gives advice to companies and telcos for their marketing strategies and transformation projects.

Solucom is the partner of the largest French companies in their national and international projects:
Air France-KLM, Alstom, ANPE, AP-HM, Banque de France, BNP Paribas, Bouygues Telecom, Carrefour,  Crédit Agricole, EDF, Gaz de France, La Poste, L’Oréal, Ministries of the Economy and Finance, of National Education,  and of the Interior, MMA, Neuf Cegetel, Orange, RTE, Sanofi-Aventis, SFR, SNCF, Société Générale, Suez, Total.

Solucom was awarded the "innovative company" certificate by OSEO Innovation.
Solucom is listed on compartment C of the Paris Euronext market of NYSE Euronext.
ISIN code: FR0004036036 – LCO; ICB: 9533 – Services Informatiques

NYSE EURONEXT – MIDDLE NEXT

All of our financial information is published on www.solucom.fr

---

Solucom Pascal IMBERT Chairman of the Board 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 Nicolas BOUCHEZ Press contact Phone: +33 (0)1 77 35 04 37