AI assistant
Neurones S.A. — Earnings Release 2021
Aug 3, 2021
1548_iss_2021-08-03_82aaaeaa-430e-4b93-ab3e-7532af9441f9.pdf
Earnings Release
Open in viewerOpens in your device viewer
Heading: 1st half 2021 revenues
PRESS INFORMATION Nanterre, August 3, 2021 (after trading)
Organic growth up + 12.7% in 1st half 2021
| Revenues (in millions of euros) |
2019 | 2020 | 2021 | growth | of which organic |
|---|---|---|---|---|---|
| Q1 | 128.7 | 135.3 | 144.2 | + 6.6% | + 5.7% |
| Q2 | 125.1 | 119.1 | 145,1 | + 21.8% | + 20.7% |
| Total H1 revenues | 253.8 | 254.4 | 289.3 | + 13.7% | + 12.7% |
Achievements
With a 20.7% increase in organic growth in the 2nd quarter, growth for the first six months of the year was + 12.7% compared to the same period in 2020 (on a like for like basis).
Compared to the 1st half of 2019, growth was up + 14%.
The accelerating effect of the pandemic on the digital transformation of organizations seems to be more pronounced than expected, with a strong demand for digital, cloud and cyber security.
Thanks to the increase in volumes and the cyclical limitation of fixed costs, the operating profit for the first half of the year amounted to 10.5% of revenues (¹), compared to 8.7% for the first half of 2020 and 9.1% for the first half of 2019 (²).
(¹) Unaudited and after inclusion of 0.3% expenses related to bonus shares.
(²) Excluding capital gains on disposals.
Outlook
Given the good performance of these first six months, both in terms of growth and profitability, NEURONES is raising its forecasts and now expects the following for the whole year:
-
revenues of at least €570 million,
-
an operating profit close to 10%.
About NEURONES
With 5,700 experts, and ranking among the French leaders in management consulting and digital services, NEURONES helps large companies and organizations implement their digital projects, transform their IT infrastructures and adopt new uses.
Euronext Paris (compartment B - NRO) - Enternext Tech 40 - SRD (deferred settlement) mid-caps www.neurones.net
Press Relations: O'Connection Valérie Hackenheimer Tel.: +33 (0)6 12 80 35 20 [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]
Forward together...®
Immeuble "Le Clemenceau 1" - 205, avenue Georges Clemenceau - 92024 Nanterre Cedex - France +33 (0)1 41 37 41 37 - www.neurones.net - Follow NEURONES: A Société Anonyme company with a share capital of €9,687,086.40 - R.C.S. NANTERRE B 331 408 336 - VAT Code FR 46331408336 - Siret No. 331 408 336 00021 – APE 6202A