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Assystem — Earnings Release 2011
Mar 23, 2012
1122_iss_2012-03-23_f3f019f0-2ec5-4b59-88bb-a3bfa9a9bf5c.pdf
Earnings Release
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FY 2011 Results: Additional Information on 2012 Outlook
(Paris – 23 March 2012 – 5:35 pm CET) – Assystem S.A. (ISIN: FR0000074148 - ASY), a leading innovation and engineering consultancy, details features for its outlook for 2012 that were given following the results presentation.
Since the beginning of the year, demand has remained on the same trend line as in late 2011. Assystem expects to report more than 5% organic growth* in the first quarter, a trend that should remain operative over the rest of the year in the current state of information.
2012 will also benefit from the full-year impact of MPH's French operations (consolidated over five months in 2011) and from the acquisition of MPH Dubai, consolidated since February 2012.
Pursuing its acquisition strategy, the Group believes that it may be possible to reach pro-forma revenue of €1 billion for 2012, of which half from international operations. The Group aims of a normative operating margin of between 7% and 8%.
*Based on reported 2011 revenue of €760.6 million.
2012 INVESTOR CALENDAR (all information released after close of trading)
14 May: Revenue for the three months ended 31 March 2012
23 May: Annual General Meeting
30 July: Revenue for the six months ended 30 June 2012
11 September: Results for the six months ended 30 June 2012 (presentation on 12 September)
Assystem is an international Engineering and Innovation Consultancy. As a key participant in the industry for more than 40 years, Assystem supports its customers in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs 10,200 people worldwide and reported nearly €850 million in pro forma revenue in 2011. The Company is listed on NYSE Euronext Paris – Compartment B - Code ISIN: FR0000074148 – ASY. For more information: www.assystem.com
CONTACTS
Gilbert Vidal Chief Financial Officer Phone: : +33 (0)1 55 65 03 10
Pauline Bucaille Vice President, Corporate Communications and Investor Relations Phone: : +33 (0)1 55 65 03 08 – [email protected]
Nicolas Castex/Lucie Larguier
Citigate Dewe Rogerson, Media Relations Phone: : +33 (0)1 53 32 84 75 – [email protected]
Agnès Villeret
Citigate Dewe Rogerson, Analyst and Investor Relations Phone: : +33 (0)1 53 32 78 95 – [email protected]