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Neurones S.A. — Earnings Release 2014
Sep 10, 2014
1548_iss_2014-09-10_3293b85d-6204-42dc-9db2-1c04166b00b2.pdf
Earnings Release
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PRESS INFORMATION
Heading: 1st half 2014 results Nanterre, September 10, 2014
1 st half 2014 operating profit stands at 9.1%
| Accounts at June 30 (audited in € millions) | H1 2014 | H1 2013 | 2013 |
|---|---|---|---|
| Revenues | 177.1 | 168.5 | 343.2 |
| Business operating profit (*) | 16.5 (9.3%) | 15.4 (9.2%) | 34.1 (9.9%) |
| Operating profit | 16.1 (9.1%) | 14.8 (8.8%) | 32.9 (9.6%) |
| Net financial income | 1.1 | 1.0 | 1.9 |
| Corporate income tax | (6.4) | (6.1) | (13.4) |
| Net profit after tax | 10.8 (6.1%) | 9.7 (5.8%) | 21.4 (6.2%) |
| of which, group share | 9.4 | 8.3 | 18.6 |
| Staff at end of period | 4,016 | 3,847 | 4,065 |
(*) Prior to cost of bonus shares, stock options and impairment of assets.
Achievements
As previously announced, the 5.1% growth in revenues was entirely organic. The number of employees remained virtually stable over the period.
Operating profit was up 9%, representing an operating margin of 9.1% of revenues. Net profit increased by 11%.
The Group's net cash also grew to €100.8 million, compared with €84.7 million on June 30, 2013.
Outlook
Overall, for 2014, NEURONES maintains its forecast to achieve annual revenues in the region of €360 million and an operating profit of around 9% of revenues.
About NEURONES
With 4,000 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.
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]