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Neurones S.A. — Earnings Release 2011
Feb 8, 2012
1548_iss_2012-02-08_643d4080-5ac5-4631-97e3-c68815f5e5a4.pdf
Earnings Release
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Heading: 2011 annual revenues
PRESS INFORMATION Nanterre, Thursday February 9, 2012
Organic growth up 18.2% in 2011 to €283.3 million
| Revenues (millions of euros) |
2011 | 2010 | growth |
|---|---|---|---|
| Annual | 283.3 | 239.6 | + 18.3% |
| 4th quarter | 76.4 | 66.0 | + 15.9% |
Achievements
At €283.3 million, and greater than the latest projections, 2011 revenues grew much faster than the French consulting and IT services market (+2.7% estimated). Internal growth amounted to +18.2% (compared with +10.3% in 2010).
In the 4th quarter, NEURONES' organic growth totaled +15.9% (after +14.9% in Q3, +24.6% in Q2 and +17.4% in Q1). This was the 31st consecutive quarter of internal growth.
The 2011 operating margin(1), consistent with the latest projections, amounted to 9.3% of revenues. The financial structure did not experience any significant changes in the 4th quarter.
At the end of December, a company specialized in EDM (Electronic Document Management) with 2011 revenues of €5.4 million joined the group. Its revenues and results will be consolidated in the Group's financial statements as of January 1, 2012.
There were 3,471 people on staff at December 31, 2011.
The final annual results will be published on Wednesday, March 7, 2012 after the stock exchange closes.
(1) Audited and after 0.3% related to the cost of free shares, stock options and impairment of assets.
Outlook
As usual, forecasts for the coming year will be published along with the Group's 1st quarter revenues for 2012.
About NEURONES
With 3,500 experts, 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 – 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]
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 9.449.103,60 € - R.C.S. NANTERRE B 331 408 336 - Code TVA FR 46331408336 - Siret 331 408 336 00021 – APE 6202A