SoluCom reorganises Arcome

  • April 2, 2002Regulated information

the subsidiary it purchased on September 1st 2001

Adjustment of Arcome's structure

With an economic climate difficult for the market – made worse since September 2001- of Telecoms operators, the SoluCom Group has decided to take a number of measures intended to reduce the structural costs of Arcome – its subsidiary specialised in Telecoms consulting (technical, marketing, strategy and regulation) – thus maintaining the conditions of a substantial profitability for the whole Group.

Such measures only affect the subsidiary, Arcome, with Telecoms operators as its main customers. They provide for the axing of 6 jobs (including 3 redeployments within SoluCom), with geographical grouping on a single site at Saint-Quentin-en-Yvelines.

It should be underlined that despite worsened market conditions for Arcome, the purchase of Arcome made it possible to implement a set of synergies:
– at Arcome's level, scale effect and development of a Security offer for its operators clients
– at the SoluCom Group's level, integration of marketing and strategy expertise of Arcome, within the offers of the Group, in particular regarding large projects.

The strategic interest of the coming together, confirmed by the first months of integration of Arcome within the Group, should reach its full ambit with the restart of the market.

Impact on SoluCom's earnings' estimates for fiscal year 2001/2002

The worsening of Arcome's activity rate over the last quarter of the financial year together with the
measures to reduce costs affect the Group's earnings.

Accordingly, SoluCom anticipates a turnover and an operating margin below the range announced on December 10th 2001:

Fiscal Year 2001/2002
(31 March 2002)
Estimates with Arcome
(consolidated in 7 months)
Estimates without Arcome
(SoluCom + Idesys)
Previous estimates 10/12/01
(Arcome consolidated in 7 months)

Operating Margin*

21 M€

7 %

19 M€


21,5 to 23,5 M€

10 to 15%

* Excluding participation

It should be noted that the measures taken for Arcome result in an exceptional impact on the earnings for 2001/2002 (fiscal year ended on March 31st 2002) , which is not recurrent.

The SoluCom Group finds itself in a configuration matching the conditions of the present market, and in a remarkable financial and commercial position to grasp the opportunities arising from the restart of the market.

SoluCom's next financial releases :
– 15 May 2002: Revenues, Fiscal Year 2001/2002
– 11 June 2002: Annual Results, 2001/2002


About the SoluCom Group:

Solucom, 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 e-technologies segments. The Group has positioned itself in very high value-added services, which is reflected by its very high annual revenues per consultant.

The Solucom Group's client roster includes some very prestigious names, all of which are very large accounts, including Air France, Amadeus, Arcelor, Auchan, Banque de France, BNP-Paribas, Caisse d'Epargne, Cegetel, Crédit Agricole, EDF, France Télécom, Groupement Cartes Bancaires, La Poste, the French Ministries of Finance and the Interior, LVMH, Renault, SNCF, Société Générale, Suez, TotalFinaElf and Vivendi.

SoluCom trades on the NextEconomy segment of Euronext Paris.
Euroclear Code 7486 – FTSE: 972, IT services – ISIN: FR0004036036.



Michel Dancoisne
Pascal Imbert
Joint Chairmans and founders
Tel: 00 33 (0)


Laurence Kipfer,
Investors/Analysts Relations
Emmanuel Coudurier, Press Office
Tel: 00 33 (0)

Regulated information

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