GROUPE OPEN Paris, 18th July 2013 - GROUPE OPEN (ISIN : FR 0004050300 ; NextEconomy segment -
972, IT services), the digital services company (ESN), releases turnover results for H1 2013.
In millions of € | 2013 | 2012 | Growth | |
Q1 | France | 59.2 | 59.5 | -0.5% |
International | 5.1 | 5.4 | -6.1% | |
Total | 64.3 | 64.9 | -0.9% | |
Q2 | France | 56.1 | 53.0 | 6.0% |
International | 5.1 | 5.6 | -7.9% | |
Total | 61.3 | 58.5 | 4.7% | |
H1 | 125.6 | 123.5 | +1.7% |
As predicted in the company's recent announcements, GROUPE OPEN is back to growth with Q2 turnover of €61.3 million, a 4.7% increase which takes total growth for the first half of 2013 to
1.7%.
In spite of the challenging business climate, Open's efforts to boost the group's commercial
dynamism and implement its corresponding action strategy are beginning to bear fruit.
In the first six months of this year GROUPE OPEN has finalised a strong network of partnerships and a coherent product range strategy in the sectors which define the contemporary digital services market: collaborative services, enhanced mobility and cloud computing. Major developments have included the creation of OPEN APPS, a new Business Unit dedicated to Google Business tools and solutions, a new partnership with HP Software for industry-scale mobile application testing and a deal with Numergy which ensures access to a public Cloud capability which will substantially strengthen Open's current position.
The downturn in the international figures is linked exclusively to trading turnover ; the profit margin is thus only very slightly affected.
As of 10th June the production-side workforce numbered 2760, effectively unchanged since 1st
January 2013.
Prospects
With market conditions set to remain largely unchanged, the turnover performance from Q2, along with the large-scale projects and deals currently being finalised, confirms the GROUPE OPEN's confidence in its predictions of turnover growth for 2013 as a whole.
Calendar effects will have a noticeable impact on the half-yearly results in comparison with the first half of 2012.
On the other hand, the raft of new contracts in place and the expansion of the group's production- side workforce allow us to confidently predict that the figures for H2 2013 will be a clear improvement on H2 2012.
CONTACT :
Nathalie MREJEN - Financial Communications
Tel: 01 40 53 36 00
nathalie.mrejen@open-groupe.com
About GROUPE OPEN
With over 3000 employees, GROUPE OPEN is a leading player in the field of Digital Transformation and Performance Boosting for the IT Departments of large companies. The group is based in France, with international operations in Belgium, the Netherlands, Luxembourg, Spain and China
Listed on the Paris Stock Exchange, GROUPE OPEN is among the leading 10 digital service providers (ESN) in France, offering Consulting, Application Services and Infrastructure Support with a unique combination of strengths which sets Open apart from the competition: Professionalism and Proximity, Value and Innovation
In order to better respond to the priorities of today's business clients, and the need to be competitive at all times, GROUPE OPEN's strategy is based on continually boosting the group's value added and its capacity for innovation.
GROUPE OPEN's stated ambition is to consolidate its position among the leading digital business service experts in France, building for the future while remaining true to the core values which define the company's identity: Pertinence, Audacity, Ethics & Responsibility, Passion and Commitment, all with an unflinching dedication to corporate social responsibility.
Find out more at www.open-groupe.com
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