24.07.2014 18:19:43

SOLUTIONS 30 : 1st Half 2014 revenues: €54.2m, up 26%

 

International up 58% with noticeable developments in Germany                                     Confirmation of strong outlook both in terms of activity and profitability

 

 

 

(€ million) 

2014 

2013 

Change

(€m) 

Change

(%)Interim consolidated revenues 54.243.0+€11.2 m+26 % o/w  France 39.2 33.5 +€5.7 m+17 % o/w International 15.0 9.5 +€5.5 m+58 %

 

SOLUTIONS 30 consolidated and unaudited revenues for the 1st half of 2014 stood at €54.2 million, an 26% increase on 1st half 2013 revenues. Two-third of the growth are due to acquisitions made in 2013.  

 

 

I - Activity

Domestic activity is up by 17% thanks to the growth of « historical » activities such as IT/Telecom, POS terminals and Security. International business amounted to €15.0 million, up 58%. Fueled by the noticeable developments on the German market as well as the strong performance in Italy, it now accounts for 28% of the overall activity.

II - Outlook

 

At the beginning of the summer, Solutions 30 was associated to two large bids from ERDF and GrDF  for the installation and maintenance of "smart meters" Linky (for EDF) and Gazpar (for GrDF). Outcome of the bids will be made public by the second half of the year.

For the year as a whole, the Group confirms the outlook of a double-digit growth, with revenues beyond € 100 million and a continued improvement in operating profitability compared to 2013.

 

Next key dates:

30 September: Interim Results

23 October: Revenues for the 3rd quarter


About Solutions 30

 

The SOLUTIONS 30 Group (ex PC30) is Europe's leading provider of solutions for New Technologies. Its mission is to make the technological changes that transform our daily lives accessible to everyone, individuals and businesses alike:  yesterday, computers and the Internet; today, digital; tomorrow, the technologies that will make the world ever more connected in real time. Since its founding, the Group has handled more than 4 million calls by drawing on a network of regional technicians. SOLUTIONS 30 currently covers the whole of France, Italy, Spain the Netherlands, Belgium and Germany.

SOLUTIONS 30 is listed on the Alternext market - ISIN FR0010263335 - code ALS30. SOLUTIONS 30 is eligible to PEA-PME.

For more information, please go to www.solutions30.com

 

SOLUTIONS 30 CONTACTS:  

Nezha Calligaro 
+352 2 648 1917
nezha.calligaro@solutions30.com 

PRESS CONTACT:
Samuel Beaupain
+33 (0)6 88 48 48 02
samuelbeaupain@reseau-edifice.com       

PR SOL 30 24 07 2014


This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SOLUTIONS 30 via Globenewswire
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