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

The second quarter continues the good dynamic of the beginning of the year and enables ITS Group to double its turnover of the semester to 90.7 M€, with a sustained organic growth of +13% substantially higher than the sector average, and a significant contribution of the activities from the takeover of Overlap.

All the historical activities of the Group are growing, both in consulting, hosting or mobility services, as well as in insourced services, with a very high activity rate of 88% in this field, compared to 83% in the first semester 2013.

The first semester 2014 was marked by the continuation in the integration of the activities taken over from the Overlap Group. As agreed, the lease agreement of Overlap headquarters at Courbevoie has been ended at the end of the semester. All staff has been gathered in Nanterre and the datacenter has been transferred to those operated by ITS Integra. These operations, which have generated non-recurring costs in the first semester, will enable the Group to save around 1.5 M€ in full year. The second semester will be devoted to the finalization of operational synergies to create value and future growth.

Outlook 

The phenomenon of massive concentration of servers in datacenters accelerates and enables clients to keep a high level of performance and realize economies of scales. This evolution towards the different private, public and hybrid Clouds is facilitated by tools of virtualisation and security of always bigger data. Perfectly in line with this mutation, ITS Group assists its clients with innovating turnkey solutions (Cloud, Mobility, Big Data, Security, Collaborative tools…) meeting their expectations in terms of performance, quality and cost savings.

At the second semester 2014, The Group, which now ranks among the 20 first ICT companies operating in France, will rely on its growth, its commercial dynamic and on the more and more positive effect of the operating synergies created by the integration of Overlap. The Group confirms with a strong confidence its 2014 objective of an annual turnover of at least 180 M€, associated with a current operating result over 10 M€.

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