NEURONES: 1st half 2014 results


PRESS INFORMATION
Heading: 1st half 2014 results
Nanterre, September 10, 2014

1st half 2014 operating profit stands at 9.1%

Accounts at June 30 (audited in € millions) H1 2014 H1 2013 2013
Revenues  177.1 168.5 343.2
Business operating profit (*)    16.5 (9.3%)   15.4 (9.2%)   34.1 (9.9%)
Operating profit    16.1 (9.1%)   14.8 (8.8%)   32.9 (9.6%)
Net financial income      1.1     1.0     1.9
Corporate income tax     (6.4)    (6.1)  (13.4)
Net profit after tax    10.8 (6.1%)     9.7 (5.8%)   21.4 (6.2%)
   of which, group share      9.4     8.3   18.6
Staff at end of period  4,016 3,847 4,065

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

Achievements

As previously announced, the 5.1% growth in revenues was entirely organic. The number of employees remained virtually stable over the period.

Operating profit was up 9%, representing an operating margin of 9.1% of revenues. Net profit increased by 11%.

The Group's net cash also grew to €100.8 million, compared with €84.7 million on June 30, 2013.

Outlook

Overall, for 2014, NEURONES maintains its forecast to achieve annual revenues in the region of €360 million and an operating profit of around 9% of revenues.

About NEURONES
With 4,000 people, 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
fredg@fgcom.fr
NEURONES
Matthieu Vautier
Tel.: +33 (0)1 41 37 41 37
rp@neurones.net
Investor relations:
NEURONES
Paul-César Bonnel
Tel.: +33 (0)1 41 37 41 37
investisseurs@neurones.net

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NEURONES: 1st half 2014 results