AUSY Sèvres, February 11th 2016
2015 Turnover: +15.7%
8.2% Organic Growth over the Fourth Quarter
| In €m (non-audited figures) | 2014* | 2015 | 15/14 | Organic |
| Turnover | 340.9 | 394.3 | + 15.7% | +3.8% |
| of which France | 235.2 | 242.7 | + 3.2% | +3.2% |
| of which International | 105.7 | 151.6 | + 43.5% | +5.3% |
* Reprocessed figures excluding activities discontinued in 2014
AUSY closed 2015 with a €394.3m Turnover, up 15.7%. On a like-for-like basis, this Growth came in at over 3.8%, vs. 0.8% in 2014.
Accelerating Organic Growth
The Fourth Quarter fully contributed to this sterling performance. In this timeframe, Turnover grew nearly 16%, to €109.2m. Organically, Growth reached 8.2%.
The second half of the year was thus characterized by an accelerating Organic Growth, with a Second Half-year up by 6% vs. the 1.4% increase generated over the First Half-year.
Both France and the International zone have fully contributed to this year's success.
FRANCE: Solid Performances
Despite a more demanding comparison basis (+5.9% in 2014 Q4), 2015 Fourth Quarter Turnover grew 1.9% to €62.6m.
This sixth consecutive quarter of Organic Growth underscores the Group's solid positioning on both of its core business lines (Information Systems & Externalized R&D), enabling a broadened clientele coverage in diversified sectors.
Overall, 2015 activity in France rose to €242.7m, up 3.2%, vs. the 2.1% achieved in 2014.
INTERNATIONAL: +20% organically over the Fourth Quarter
Abroad, the end-of-year results confirmed the renewed Organic Growth observed in the Third Quarter. Over the Fourth Quarter, Turnover leapt by 20% on a like-for-like basis and 42.5% overall.
This solid performance was carried out in spite of an activity still penalized by market conditions in Belgium (-3% in Q4). Conversely, Luxembourg's excellent performance (+8%) has enabled the Belux zone to return to a quasi-steady level of activity (-1.8% vs. -5% over the year's 9 first months). Overall, Turnover generated in this zone came in at €56.6m, a 2% dip (-4.1% organically).
Germany (57.3% of International Turnover) had an excellent Fourth Quarter with a €24.9m Turnover, up 42.5% (+39.5% organically). This impressive Growth demonstrates the successful integration of the most recent acquisitions carried out in Southern Germany. It also confirms the uptick of activity in Northern Germany, which generated an Organic Growth in excess of 54% over the final quarter. Thus, despite a First Half-year downturn of 10.9% organically, Germany grew 17.3% on a like-for-like basis over the full year.
After taking into account the external growth carried out in 2014, Overall Turnover soared 83.6% to €86.9m.
Finally, the Fourth Quarter was impacted by the acquisition of the US firm Celerity, integrated as of mid-November, bringing in €6.3m Turnover over the period.
Over 2015, the International zone grew 43.5% (+5.3% organically) to €151.6m. It now represents 38.5% of Total Turnover vs. 31% in 2014, confirming the Group's healthy Growth dynamics abroad. In 2016, the full-year integration of Celerity will be a new step in this on-going offensive deployment strategy.
This successful end-of-year allows the Group to enter the coming year with confidence.
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 externalized R&D 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:
2015 Results will be published on March 23rd 2016, before trading hours.
Contacts
| AUSY investors@ausy.com | ACTIFIN Stéphane Ruiz- sruiz@actifin.fr 01.56.88.11.11 |
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
