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Neurones S.A. — Earnings Release 2013
Mar 5, 2014
1548_iss_2014-03-05_4548195e-cec8-4550-b010-fc2cd2bf2177.pdf
Earnings Release
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PRESS INFORMATION
Heading: 2013 annual results Nanterre, March 5, 2014 (after the closing of the stock exchange)
9.6% operating profit and €21.4 million net profit in 2013
| Accounts as at 31 December (audited and in millions of euros) |
2013 | 2012 |
|---|---|---|
| Revenues | 343.2 | 315.4 |
| 1 Business operating profit ( ) |
34.1 (9.9%) | 29.2 (9.3%) |
| Operating profit | 32.9 (9.6%) | 28.1 (8.9%) |
| Net financial profit | 1.9 | 1.4 |
| Income tax | (13.4) | (12.3) |
| Net profit | 21.4 (6.2%) | 17.2 (5.4%) |
| - of which, group share |
18.6 | 14.9 |
| Net cash and cash equivalents | 100.9 | 87.8 |
| Staff at year-end | 4,065 | 3,704 |
( 1 ) Prior to cost of free shares, stock options and impairment of assets
Achievements
As a reminder, NEURONES experienced fully organic growth of +8.8% in a stable market in 2013.
Operating profit (*) in 2013 also increased more quickly and totaled 9.6% of revenues.
With a tax rate of 38.5% (*), net profit amounted to 6.2% of revenues. The conversion of net profit into cash was satisfactory. The net cash and cash equivalents at year-end stood at €100.9 million (i.e. €4.21 per share).
Goodwill only represents three years of the acquired companies' cash flow overall.
(*) after inclusion of the competitiveness and employment tax credit (CICE)
Outlook
As usual, forecasts for the current year will be posted along with the Group's 1st quarter revenues.
About NEURONES
With over 4,000 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.
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]
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 9,584,513.20 € - R.C.S. NANTERRE B 331 408 336 - Code TVA FR 46331408336 - Siret 331 408 336 00021 - APE 6202A