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Generix Group S.A. — Earnings Release 2012
Jul 22, 2011
1361_iss_2011-07-22_c639f33e-d724-4a30-9e05-eaca3c20dc06.pdf
Earnings Release
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Generix Group announces first quarter revenues of financial year 2011/2012 Total revenues at 15.7 millions of Euros
Paris, July 22, 2011 - Generix Group, a leading software and SaaS vendor for Collaborative Business, today announced its revenues for the first quarter, ended June 30, 2011, of its financial year 2011/2012.
Generix Group recorded an 8% decrease of its quarterly revenues compared to the same quarter last year. However, steady growth of SaaS activities enables the group to show a 9% growth of its Software revenues compared to the same quarter last year.
| Unaudited | Quarter ended June 30 | Change | |
|---|---|---|---|
| 2011 | 2010 | ||
| Licenses | 1 673 | 1 818 | -8% |
| Maintenance | 5 615 | 5 218 | 8% |
| SaaS | 2 724 | 2 125 | 28% |
| Software revenues | 10 012 | 9 161 | 9% |
| Consulting Services | 5 675 | 7 803 | -27% |
| Revenues | 15 687 | 16 964 | -8% |
Mostly driven by a deal with a central purchasing department of a retail leader that selected the GCE logistics execution software suite, License sales however decreased by 8% compared to the same quarter last year. Consulting services continues to be impacted by past licenses sales decrease.
Generix Group confirms the solidity of its "On Demand" business model, still showing strong growth (28% compared to the same quarter last year) and confirms, thereby its relevance to market's expectations. Maintenance revenues are also growing by 8% compared to the same quarter last year, with a customer base still loyal to the Generix Group solutions and that continues to invest in their evolutions.
In addition, Generix Group announces that the Shareholders' Meeting that will in particular approve its financial statements and vote the 8.2 M€ capital increase (with subscription rights offered to existing shareholders) will be held on September 1st, 2011 and not on September 15, 2011 as initially scheduled.
Next press release: October 20, 2011 Revenues for the second quarter ending September 30, 2011 of financial year 2011/2012
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Investor relations Press contact Jérôme ARNAUD Stéphanie STAHR Chief Financial Officer CM-CIC Emetteur [email protected] [email protected] +33 (0) 1 77 45 41 80 +33 (0)1 45 96 77 83
About Generix Group
Generix Group, software and SaaS vendor, offers Collaborative Business solutions that optimize consumer goods availability across the supply chain and increase their sales. This unique offering on the market is targeted at the CPG industry, food & specialist retail, ecommerce and transport/logistics companies.
With €66 million in revenues, Generix Group is the European leader for Collaborative Business solutions for the trade and supply chain markets. Carrefour, Gefco, Leclerc, Leroy Merlin, Nestlé, Unilever, DHL Exel Supply Chain, Louis Vuitton Sodiaal, Metro, Sara Lee, Kuehne + Nagel, Cdiscount... Over 1500 retailers, global manufacturers and logistic providers selected Generix Group Collaborative Business solutions.
www.generixgroup.com