ITS Group, ICT Company specialized in sustainable development of IT infrastructures, publishes its consolidated turnover of the first quarter 2014.

ITS Group starts 2014 with an excellent activity level with a 47.0 M€ turnover, i.e. a growth of 106%.

Thus, the Group confirms the good integration of Overlap activities, founded upon a renewed internal dynamic, demonstrated by the acceleration of the organic growth up to +13%.

On the historical perimeter, the Group reaps the benefit of its commercial actions on all activities. This performance is notably based on a particularly high rate of activity on insourced services (88% this quarter, i.e. a raise of more than 5 points compared to the first quarter 2013). Consulting and mobility services activities have also been favourable this quarter, confirming their growth potential.

The turnover of the activities from Overlap came to 21.2 M€, a level perfectly in accordance with the expectations of the Group. On this quarter, ITS Group has pursued the setting up of operating synergies and won many infrastructure supply contracts (maintenances, software and hardware trading) with the support of major partners as IBM or HP.

2014 outlook reinforced

The very good level of activity registered by the Group on the first quarter fully reassures the objectives set by the Group, i.e. an annual turnover of at least 180 M€ coupled with a current operating income over 10 M€.

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