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Neurones S.A. — Earnings Release 2010
Mar 2, 2011
1548_iss_2011-03-02_b456a508-2178-4970-b9c8-06dc4b527f66.pdf
Earnings Release
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PRESS INFORMATION
Nanterre, 3 March 2011 Heading: 2010 annual results
A 10.2% operating profit and a net profit of €14.9 M in 2010
| Accounts as at 31 December (audited and in millions of euros) |
2010 | 2009 |
|---|---|---|
| Revenues | 239.6 | 216.4 |
| Business operating profit * | 25.4 (10.6%) | 20.2 (9.3%) |
| Operating profit | 24.5 (10.2%) | 19.1 (8.8%) |
| Net financial profit | 0.7 | 0.7 |
| Income tax ** | (10.3) | (7.0) |
| Net profit | 14.9 (6.2%) | 12.8 (5.9%) |
| of which, group share | 13.2 | 11.3 |
| Staff at year-end | 3,036 | 2,665 |
(*) Prior to inclusion of expenses related to free shares, stock options and impairment of assets.
(**) The CVAE (Cotisation sur la Valeur Ajoutée des Entreprises, a contribution based on businesses' added value), totaling approximately 1% of revenues, is classified as an expense in 2009 and as an income tax in 2010.
Achievements in 2010
With revenues increasing by 10.7% (including 10.3% organic growth to be compared to a 1% increase in the market) and an operating profit which is comparably up 15%, NEURONES saw strong internal growth in 2010 while improving its profitability.
The business operating profit reached 10.6% of revenues (10.2% after inclusion of expenses related to free shares, stock options and impairment of assets). Net profit increased by 16% in comparison to 2009.
The cash net of financial debt increased by €8.7 million, totaling €68.3 million by year-end (i.e. €2.92 per share).
Outlook for 2011
Forecasts for the year to come will be published along with the Group's 1st quarter revenues.
About NEURONES
With over 3,000 people, the NEURONES group is specialized in Consulting (Management & Organization) and IT Services (Infrastructures and Applications). It supports its clients in their change-management projects and in the upgrading and outsourcing of their Information Systems. The size of the group has quadrupled over the past ten years.
NYSE Euronext: Compartment B – Indexes: SBF250, CAC Small 90, CAC IT ISIN Code: FR0004050250 - Reuters: NEUR.LN - Bloomberg: NEUR FP www.neurones.net
Press relations: Florence Gillier Communication Frédérique Guillo Tel.: +33 (0)1 41 18 85 55 [email protected]
NEURONES Matthieu Vautier Tel.: +33 (0)1 41 37 41 37 [email protected]
Investor relations: NEURONES Paul-César Bonnel Tel.: +33 (0)1 41 37 41 37 [email protected]
CONSULTING ▪ INTEGRATION ▪ OUTSOURCING
Immeuble " Le Clemenceau 1 " - 205, avenue Georges Clemenceau – F-92024 Nanterre Cedex Tel.: +33 (0)1 41 37 41 37 - Fax: +33 (0)1 47 24 40 46 – e-mail: [email protected] - www.neurones.net Société Anonyme au Capital de 9 424 437,20 € - R.C.S. NANTERRE B 331 408 336 - Code TVA FR 46331408336 - Siret 331 408 336 00021 – APE 6202A