NEURONES: 2011 annual results


PRESS INFORMATION
Nanterre, 8 March 2012                                                                  Heading: 2011 annual results

9.3% operating profit and
€17 million net profit in 2011

Accounts as at 31 December (audited and in millions of euros)         2011         2010
Revenues283.3239.6
Business operating profit *  27.1 (9.6%)  25.4 (10.6%)
Operating profit  26.3 (9.3%)  24.5 (10.2%)
Net financial profit    2.5    0.7
Income tax (11.7) (10.3)
Net profit  17.0 (6.0%)  14.9 (6.2%)
  • of which, group share 

  14.8  13.2
Staff at year-end3,4713,036

(*) Prior to cost of free shares, stock options and impairment of assets.

Achievements in 2011

NEURONES experienced significant organic growth in 2011 (18.2%). Overall growth totaled 18.3% (to be compared to a 2.7% increase in the market).

Business operating profit totaled 9.6% of revenues.

The net profit after tax (rate of 40.8%, including CVAE, a contribution based on businesses' added value) accounted for 6% of revenues.

The net cash and cash equivalents at year-end stood at €75.1 million (i.e. €3.18 per share).

Outlook for 2012

As usual, forecasts for the current year will be posted along with the Group's 1st quarter revenues. Forecasts will incorporate the entity (€5.4 million in revenues in 2011) which joined the group on 31 December 2011.

About NEURONES
With over 3,500 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. The size of the group has doubled over the past five years.

NYSE Euronext: Compartment B - ISIN code: FR0004050250 - Symbol: NRO
www.neurones.net

Press relations:
Florence Gillier Communication
Frédérique Guillo
Tel.: : +33 (0)1 41 18 85 55
fredg@fgcom.fr
NEURONES
Matthieu Vautier
Tel. : +33 (0)1 41 37 41 37
rp@neurones.net
Investor relations:
NEURONES
Paul-Cesar Bonnel
Tel. : +33 (0)1 41 37 41 37
investisseurs@neurones.net

Attachments

NEURONES: 2011 annual results