Half year revenues : ?12.3 million Purely organic growh : 10%

  • November 12, 2003Regulated information

As at September 30th, the SoluCom Group's consolidated turnover for the first half of the 2003/2004 financial year came out to €12.3 million.

Growth was 10% as compared to the first half of the previous financial year (€11.2 million). It is purely organic.

This progression was achieved in a market that was still tense, with a decline in consulting activities estimated at 10% for 2003 (source Syntec).

We are satisfied with this progression. The fact that we have maintained significant organic growth since the beginning of the crisis affecting our sector confirms that we made the right choice by focusing on a high value-adding model,” commented Pascal Imbert, CEO of SoluCom. " We noted that the end of the half year saw some business recovery. Certain areas came out to be more dynamic, for example IT security, where we won several structuring projects.

SoluCom shall publish the detailed results of H1 2003/2004 and its projections for the future on December 17th.


About the SoluCom Group

The SoluCom Group, which was formed through the merger of SoluCom, Idesys and Arcome, is active in infrastructure consulting and engineering in the telecoms and networks, security and applications infrastructures segments. The Group has positioned itself in very high value-added services.
The Solucom Group's client roster includes some very prestigious names, all of which are very large accounts including: Air France, Arcelor, Auchan, BNP-Paribas, Cegetel, CNAM-TS, Crédit Agricole, EDF, E.Leclerc, France Télécom, Groupama, La Poste, L'Oréal, LVMH, Ministères des Affaires Etrangères et de la Justice, PPR, Renault, SNCF, Société Générale, Suez, Total, Veolia Environnement.

SoluCom trades on the NextEconomy segment of Euronext Paris.

ISIN: FR0004036036 – FTSE: 972, IT services -– LCO

Next press release: Decembre,17 2003. Subject: half year results of fiscal 2003/2004.

For complete financial information, please visit www.solucom.fr

SoluComPascal IMBERT
Phone: 01 30 43 35 00

Laurence KIPFER
Investors Relations

Press Office
Tel : 01 53 67 36 36

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Regulated information

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