Q1 2007/2008 sales revenue: up 53%, of which 18% organic

  • July 24, 2007Regulated information
In € million 1st  trim. 07/08 1st trim. 06/07 Change
Turnover 17.2 11.2 + 53%

 

Solucom kicked off 2007/2008 wonderfully, achieving sales of €17.2 million during the first quarter, up 53% on the same period last year. On a like for like basis, organic growth establishes itself at 18%, which is still far ahead that of the IT services market.

New'Arch, KLC and Vistali, consolidated since August 1, 2006, November 1, 2006, and April 1, 2007, respectively, confirm that they are well integrated into the group, with an overall contribution of €4.0 million over the quarter.

Dynamic sales activity and signing of first plan references for governance services

During the period, the group captured a number of successful sales. In particular, it was awarded, for its governance consulting services, the task of reflecting on convergence between the information systems of two important public organizations. The group was also selected by Pernod Ricard for conducting a worldwide sourcing operation.

Solucom also continued to win a number of upgrade to ToIP projects, in particular for the Ministry of Health and Dassault Systèmes.

Activity indicators perfectly in line with the Group's business plan

The head count at June 30, 2007 stood at 580 individuals, to be compared with 524 at March 31, 2007, up significantly. This is in particular due to the addition of Vistali staff since April 1, 2007. The activity rate over the period maintained itself at 86%, above the group's normative rate.

Solucom is perfectly in line with its business plan and confirms its financial targets for financial 2007§/2008: achieve consolidated sales of €70 million, up 30% altogether, and a current operating margin between 11% and 13%.
Forthcoming publication: H1 2007/2008 sales, November 6, 2007 (after the market closes).

 

Solucom group: 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.
The group 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
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
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