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Neurones S.A. Earnings Release 2022

Aug 3, 2022

1548_iss_2022-08-03_0e44690a-5622-40e6-a6dc-4c8d58fe43ba.pdf

Earnings Release

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Section: 1st half 2022 revenues

PRESS INFORMATION Nanterre, August 3, 2022 (after trading)

Organic growth up 12.5% in 1st half 2022

Revenues (millions of euros) 2021 2022 Growth of which organic
Q1 144.2 162.6 + 12.8% + 12.2%
Q2 145.1 164.5 + 13.4% + 12.8%
Total H1 revenues 289.3 327.1 + 13.1% + 12.5%

Achievements

With 12.8% organic growth in the second quarter (vs. 12.2% in the first quarter), NEURONES has maintained its sustained growth for several quarters.

There are still many opportunities related to digital transformation. The strong demand in Digital, Cloud, Cybersecurity, as well as in SAP Consulting and Integration, makes for a certain selectivity.

Despite persistent recruitment tensions, increasing recourse to subcontracting and high turnover, operating profit for the half-year (¹) rose by 22.1% to reach 11.3% of revenue (compared with 10.5% in H1 2021).

(¹) unaudited and after 0.4% of expenses related to bonus shares.

Outlook

In an uncertain global environment, for the moment there are no signs of a slowdown in demand for digital services. In this context, NEURONES is raising its forecasts and now anticipates the following for the whole year:

  • revenues of at least €640m (vs. €625m previously forecast),

  • an operating profit of around 10.5% (vs > 10%).

About NEURONES

With over 6,000 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) - Euronext Tech Leaders -DSS 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 €9,691,286.40 - R.C.S. NANTERRE B 331 408 336 - VAT Code FR 46331408336 - Siret No. 331 408 336 00021 – APE 6202A