Turnover Q3 2016 8% growth, of which 6.1% organic: Outlook Confirmed

Turnover Q3 2016

8% growth, of which 6.1% organic: Outlook Confirmed

Paris, 20 October 2016 - Groupe Open (ISIN: FR 0004050300; NextEconomy segment - 972, IT services), the Digital Services Company, publishes its turnover for Q3 2016.

In € million	2016	2015	Growth	Organic growth
Q1	76.4	71.6	+6.6%	+4.7%
Q2	76.5	70.2	+9.0%	+8.0%
Q3	70.6	65.3	+8.0%	+6.1%
TOTAL	223.4	207.1	+7.9%	+6.8%

In € million	2016	2015	Growth
Q3	France	65.1	60.0	+8.5%
International	5.5	5.3	+2.3%
Total	70.6	65.3	+8.0%
TOTAL	France	206.5	188.9	+9.3%
International	16.9	18.2	-6.9%
YTD 9 months	223.4	207.1	+7.9%

Groupe Open showed growth in its turnover once again in Q3, posting a figure of 8%, of which 6.1% organic growth.

Over the first 9 months of 2016, growth stood at 7.9%, of which 6.8% organic growth, driven by France with growth of 9.3%

This performance is the fruit of a dynamic sales drive bringing in some significant new contracts, notably in the Public Sector.

Groupe Open showed a net gain of over 180 new staff over the first 9 months of 2016, including 70 new staff in Q3 alone, illustrating the strength of its corporate brand as an employer and its high level of attractiveness.

The other activity indicators - Occupation Rate and Average Daily Rate - remained stable meanwhile.

The productive workforce at the end of September 2016 was 3,600, which was up on the figure for September 2015.

Prospects

Q3 2016 showed a continuing trend of strong growth which has been building up for several consecutive half-year periods now.

On the strength of this performance, Groupe Open feels confident in confirming its objectives for 2016: turnover in excess of €300 million and a very sharp increase in Current Operating Income and Net Income.

Annual turnover for 2016 will be announced in a news release issued on Tuesday 24 January 2017 after the close of the stock exchange.

Nathalie Mrejen - Communication

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About Groupe Open

With 3,500 employees and turnover of €282 million in 2015, Open is a leader in digital services. Working to deliver Industrial and Digital Transformation for businesses, Open operates mainly in France and has international activities in Belgium, the Netherlands, Luxembourg and China.

Listed on the stock exchange, Groupe Open ranks among France's largest digital services firms (ESN), and boasts a digital offering on three levels: extending the scope of our activities to combine IT services and digital innovation in an end-to-end service; providing an online sales platform which offers direct access to Groupe Open's services; running a technological innovation platform for use by both clients and staff.

The Groupe Open approach is resolutely forward-looking and built around its corporate values: Relevance, Audacity, Ethics and Responsibility, Passion and Commitment - www.open-groupe.com

Media Relations Agence Wellcom Elise Plat & Sonia Perret Tel: [phone]