H1 2007/2008 turnover: 33.5meuros, up 48%, of which 20% organic

In €Million	1st  trim. 07/08	1st  trim. 06/078	Change
Turnover	33.5	22.7	+ 48%

At the end of the first half of financial 2007/2008, which will end 31st  March 2008, Solucom achieved €33.5m turnover, up 48% on the first six months of 2006/2007.

On a like for like basis (excluding New'Arch, KLC and Vistali), Solucom's organic growth stands at 20%, slightly ahead of Solucom's business plan, and still far ahead of market growth.

For the second quarter, the consolidated turnover stood at €16.3m, up 42% on the second quarter of 2006/2007, of which 22% on a like for like basis.

Dynamic sales and structuring of the governance consulting offer

During the six-month period, Solucom experienced strong sales dynamics, driven by the fast expansion of the activity with such existing clients as Gaz de France, La Poste and Air France-KLM. The development of the governance consulting offer has made it possible to capture significant projects focused on topics such as IS project portfolio management, the implementation of ITIL  (Information Technology Infrastructure Library) methods, or the definition of sourcing strategies.

626 employees at 30 September 2007

At 30 September 2007, Solucom employed a head count of 626, to be compared with 524 at 31 March 2007. Aside from the contribution of Vistali's employees, the rise is due to the sustained employment pace, which resulted in 49 net recruitments during the six-month period.

Additionally, the Group's activity rate stood at 85% over the period, in line with Solucom's normative rate.

Bolstered by this excellent first half-year, Solucom considers today that it is ahead of its business plan and therefore confirms its financial targets for 2007/2008: €70m consolidated turnover and a current operating margin between 11% and 13%.

Forthcoming publications: H1 2007/2008 earnings, 27 November 2007 (after the market closes)

 

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Solucom: Consulting in Governance & Technology

Solucom is an IS consulting group specialising in governance and technology consulting. Its positioning is summarised by its mission statement: IS performance to serve companies' core business requirements.
Solucom also consults to Telecoms operators 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-KLM, Alstom, ANPE, Banque de France, BNP Paribas, Bouygues Telecom, Carrefour, Crédit Agricole, EDF, Gaz de France, La Poste, L'Oréal, Ministry of the Economy and Finance, Ministry of National Education, Ministry of the Interior, Neuf Cegetel, Orange, RTE, SFR, SNCF, Société Générale, Suez, Total.
Solucom is listed on Euronext Paris – Eurolist – Section C, NextEconomy section.
ISIN code: FR0004036036 – LCO; ICB: 9533 – Services Informatiques

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

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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 Nadège MORLAIS Press contact Phone: +33 (0)1 72 74 82 24