NEURONES: + 5.3% organic growth in the 1st half of 2019
August 01 2019 - 11:40AM
NEURONES: + 5.3% organic growth in the 1st half of 2019
PRESS
INFORMATION
Nanterre, August 1, 2019 (after trading)Heading: 1st half 2019
revenues
+5.3% organic growth in the 1st half of
2019
|
(in millions of euros) |
H1 2018 |
H1 2019 |
growth |
of which organic |
| Revenues |
243.1 |
253.8 |
+4.4% |
+5.3% |
Achievements
With the same consolidation scope, second
quarter growth was 6.4% (vs 4.2% in the 1st quarter), an increase
of 5.3% for the first six months of the year. Growth was driven by
digital transformation, particularly the following activities:
cybersecurity, mobility, dematerialization, desktop management,
RPAs, training and consulting. Employee turnover has fallen by over
4 points after peaking in late 2018.
Operating profit for the half year totaled 9.1%
of revenues (¹) (²) vs 8.5% for the 1st half of 2018. The impact of
IFRS standard 16 (applied since January 1, 2019 and concerning the
treatment of leases) was not significant.
As at 30 June 2019, net cash, excluding debt and
other financial liabilities, stood at €182.3m vs €148.3m a year
earlier.
Outlook
For 2019 as a whole NEURONES confirms its
forecast:
- close to €505 million in revenues,
- an operating profit (²) of between 9 and 9.5% of
revenues.
(¹) Unaudited and after inclusion of 0.2%
expenses related to bonus shares.(²) These figures do not include
the consolidated capital gain (+ €4.6m) realized at the end of
January 2019, on the occasion of the sale of an activity
representing annual revenues of €5.3m. The operating profit (IFRS)
for the 1st half year is therefore 10.9% and the forecast for
financial year 2019 is increased by approximately 0.9% of
revenues.
About NEURONES
With over 5,200 experts, the NEURONES group
specializes in Consulting (Management, Organization and Digital)
and Digital Services (Infrastructures and Applications). It
supports its clients in their digital transformation projects and
in the upgrading of their information systems.
Euronext Paris (compartment B - NRO) - Enternext
Tech 40 - SRD medium valueswww.neurones.net
|
Press Relations:O’ConnectionFloriane MONNIERTel:
+33 (6) 32 37 57 28fmonnier@oconnection.fr |
NEURONESMatthieu
VAUTIERTel: +33 (1) 41 37 41 37rp@neurones.net |
Investor Relations:NEURONESPaul-César BONNELTel:
+33 (1) 41 37 41 37investisseurs@neurones.net |
- 190801 PR H1 2019 Revenues
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