Strong organic growth on 4th quarter 2014: +16%

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

ITS Group has ended the 2014 financial year greatly, with an acceleration of the organic growth to 16% at the 4th quarter, compared to the 11% of the 9 first months of the year. The turnover peaked at 56.2 M€.
This progression, significantly higher than that of the IT services market, is the result of the strategic positioning of the Group on the most profitable segments (Cloud, Mobility, Big Data, Security, Collaborative…).
By proposing a full offer, unique on the market, from consulting to hardware and software supply, hosting and system management, ITS Group provides, with its 1400 employees, a differentiated response with added value which totally fits its client's needs.

This quarterly performance raises the annual turnover to 186.1 M€ (+62%), which enables the Group to surpass its annual objective of 180 M€. The organic growth is 13%.
All the activities of the Group are increasing on the year with remarkable progress on consulting, system management, technical assistance (with a very high activity rate of 88%) and mobility services.
The hosting department, marked all over the year by the integration of the specialized subsidiary of Overlap, has experienced the slowdown of its growth in 2014, but is ready today to return to a strong dynamic in 2015.
At least, the sales activities, driven by a dynamic last quarter, contribute to 72.7 M€, an encouraging level for their first year of integration. ITS Overlap has won many contracts during the last few months of the year, in a still strongly competitive environment, with a constant pressure on prices.
In this context, ITS Group adjusts its objective of current operating result to a level around 10 M€, reminding that it includes non-recurring charges for more than 1 M€.

Outlook: to pursue the healthy growth
The Group starts 2015 with ambition and confidence. Relying on its commercial dynamic and the recurrence of its activities, the Group intends to continue to outperform the market and will benefit from a leverage on the profitability linked to the effect of the economies of scale implemented all along 2014.

Download the press release in pdf

distributed by