NEURONES : Growth up 13.7% in 3rd quarter 2015


PRESS INFORMATION
Heading: 3rd quarter 2015 revenues
Nanterre, November 4, 2015

Growth up 13.7% in 3rd quarter 2015

(not audited, in € millions) 2015 2014 growth of which organic
3rd quarter revenues 95.2 83.7 + 13.7% + 12.7%
Total as at end-September 290.7 260.8 + 11.5% + 10.6%

Achievements

NEURONES revenues grew 11.5% over the first nine months of the year (+10.6% with constant structures).

Initiatives focusing on digital services are still being pursued: setting up a consulting firm devoted to the digital transformation, launching a range of connected devices services (Internet of Things), acquiring a small big data software publisher in the finance sector and a new company specialized in developing mobile apps.

Operating profit (*) in the 3rd quarter amounted to 10.4% and totaled 9.2% of revenues over the first three quarters of the year.

Given the recent major investments to bolster and expand cloud infrastructures, net cash and cash equivalents increased from €109 million (September 30, 2014) to €114 million.

(*) not audited and after inclusion of 0.1% of expenses related to bonus shares.

Outlook

Overall, for full year 2015, NEURONES is raising its revenues forecast to €390 million with operating profit of over 9%.

About NEURONES
With 4,500 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.

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

Press Relations:
Florence Gillier Communication
Sabine Grosdidier
Tel.: +33 (0)1 41 18 85 55
sabineg@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

Attachments

NEURONES - Q3 2015 revenues