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Neurones S.A. Earnings Release 2012

Sep 19, 2012

1548_iss_2012-09-19_7fa7ba58-ce20-48c5-b5cd-7d0a9ff64be2.pdf

Earnings Release

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PRESS INFORMATION

Heading: 1st half 2012 results Nanterre, September 20, 2012

Business operating profit stands at 8.7%

Accounts at 30 June (audited in € millions) H1 2012 H1 2011 2011
Revenues 155.4 140.1 283.3
Business operating profit (*) 13.4 (8.7%) 13.0 (9.3%) 27.1 (9.6%)
Operating profit 12.7 (8.2%) 12.6 (9.0%) 26.3 (9.3%)
Net financial income 0.7 1.5 2.5
Corporate income tax (6.0) (5.8) (11.8)
Net profit after tax 7.4 (4.8%) 8.3 (5.9%) 17.0 (6.0%)
of which, group share 6.3 7.4 14.8
Staff at end of period 3,595 3,208 3,471

Achievements

Over the period, NEURONES' revenues grew 10.9% (+9.1% with constant structures).

Business operating profit (*) accounted for 8.7% of revenues and net profit after tax amounted to 4.8%.

Without any financial debt, the Group's net cash stands at €68.8 million, compared with €63.2 million at 30 June 2011.

Outlook

Overall, for 2012, given the current economic and financial situation, NEURONES maintains its forecast to achieve annual revenues in excess of €310 million and an operating profit of between 8.5% and 9.5% of revenues.

(*) Prior to cost of free shares, stock options and impairment of assets

About NEURONES

With 3,600 people, the NEURONES group is specialized in Consulting (Management and 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 doubled over the past five years.

NYSE Euronext: Compartment B – ISIN code: FR0004050250 – NYSE symbol: NRO 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]

CONSEIL ▪ INTÉGRATION ▪ INFOGÉRANCE

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 9 453 503,60 € - R.C.S. NANTERRE B 331 408 336 - Code TVA FR 46331408336 - Siret 331 408 336 00021 – APE 721Z