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Neurones S.A. Earnings Release 2023

Sep 6, 2023

1548_iss_2023-09-06_4ed06428-b1da-4728-ae99-0e55a4256da2.pdf

Earnings Release

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PRESS INFORMATION

Heading: 1st half 2023 results Nanterre, September 6, 2023 (after trading)

8.1% net profit in 1st half 2023

Financial statements as at June 30
(audited in € millions)
H1 2022 2022 H1 2023
Revenues 327.1 665.4 368.7
Business operating profit* 38.4 (11.7%) 77 (11.6%) 41.8 (11.3%)
Operating profit 37 (11.3%) 72.9 (11%) 39.5 (10.7%)
Net financial profit (0.3) 0 1.9
Tax on earnings (10.9) (21.1) (11.4)
Net profit after tax 25.8 (7.9%) 51.8 (7.8%) 30 (8.1%)
of which, group share 22.1 44.3 25.4
Staff at end of period 6,047 6,406 6,580

* before cost of bonus shares.

Achievements

At the end of the first half of the year and after auditing:

  • operating profit confirmed at 10.7% of revenues;
  • net profit rose sharply (+16.3%) to €30 million;
  • net cash (excluding IFRS 16 lease liabilities) increased significantly (€261.3m vs. €232.2m the previous year).

Outlook

NEURONES confirms its forecasts for the year as a whole:

  • revenues of more than €730 million,
  • operating profit of around 10%.

About NEURONES

With 6,600 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