AUSY Sevres, May 12th 2016
2016 1st quarter Turnover up by +20.4%
Organic Growth: + 5.6%
| In €m (unaudited figures) | 2015 QI | 2016 Q1 | var. 16/15 | Organic var. |
| Turnover | 96.5 | 116.2 | + 20.4% | +5.6% |
| of which France | 62.4 | 63.7 | + 2.2% | +2.2% |
| of which International | 34.1 | 52.5 | + 53.7% | +11.9% |
AUSY's turnover for the first quarter of 2016 saw an increase of 20.4% reaching €116.2m. On a like-for-like basis, business activity has achieved a growth of 5.6%.
France: Seventh consecutive quarter of growth
For more than 18 months, the Ausy Group has shown its capacity to consolidate its positions in France and to develop its business in its two sectors - IT systems management and Engineering Services.
Despite a very demanding comparison basis (+3.4% in the first quarter of 2015), there was growth in turnover once again in the first quarter of more than 2%, reaching €63.7m.
This solid business development has proven the adaptability and strength of the Group's capability to reach an extensive clientele in a diverse range of sectors.
This robust business momentum confirms the relevance and resilience of the Group's product and service offering, addressing a broad customer base across a range of sectors.
International: Growth of almost 54%
The first quarter also stood out by an increased growth on an international scale with turnover of €52.5m, a rise of almost 54%. Business outside of France now accounts for 45% of total sales compared to 35% in the first quarter of 2015.
This strong growth is attributable to the integration of the North American company Celerity (in mid-November 2015, which has contributed €13.8m to turnover this quarter). It also benefited from the outstanding performance in sales in Belgium, Luxembourg and Germany.
Business in Belgium and Luxembourg has grown once again (up 8%, at €15.4m) while operation in Germany has demonstrated its strength (up 15%, at €22.7m).
All in all, global business activities have shown a strong upward trend with a sustained organic growth of 12%.
This start of the financial year is fully in line with the priorities set out in the announcement of its 2015 annual results: completing the merger of Celerity while ensuring the development in sales in the three traditional segments of the Group, all of which have shown a strong organic growth in this quarter.
About AUSY:
AUSY (ISIN Code: FR0000072621, ticker symbol: OSI) is one of the leading French Consulting firms in Advanced Technologies. Its expertise is twofold: Information Systems' management and organization, as well as Engineering Services and Industrial Systems.
The Group enjoys the "Tech 40" label, spotlighting young tech companies listed on Euronext markets. Since December 29th 2015, Ausy's stock is eligible for the "long only" deferred settlement service. Furthermore, since January 29th 2016, Ausy is listed on NYSE EURONEXT Paris compartment B.
Further information is available on the Group's website: www.ausy.com.
Upcoming events:
2016 2nd Quarter Turnover will be published on July 28th 2016, before trading hours.
Contacts
AUSYinvestors@ausy.com | ACTIFINStéphane Ruiz- sruiz@actifin.fr01.56.88.11.11 |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ausy via Globenewswire
