NEURONES PRESS INFORMATION Nanterre, March 8, 2017 (after the closing of the stock exchange)
Heading: 2016 annual revenues
2016: 9.5% operating profit
and 6.5% net profit
| Accounts as at December 31 (audited and in millions of euros) | 2015 | 2016 |
| Revenues | 399.4 | 446.8 |
| Business operating profit (1) | 37.6 (9.4%) | 43.5 (9.7%) |
| Operating profit | 37.1 (9.3%) | 42.5 (9.5%) |
| Net financial income | 1.4 | 2.4 |
| Income tax | (14) | (15.9) |
| Net profit | 24.5 (6.1%) | 29 (6.5%) |
| of which, group share | 21.3 | 25.2 |
| Free cash flow (2) | 18.7 | 16.8 |
| Net cash and cash equivalents | 127.8 | 138.6 |
| Staff at year-end | 4,580 | 5,044 |
(1) Prior to cost of free shares, stock options and impairment of assets.
(2) Cash flow from operational activities, plus financial profit and less net industrial investments.
Achievements
Audited revenues are up 11.9% (including 8% in organic growth vs. a 2.5% increase for the market). NEURONES has increased its market share, mainly with the signature of three major big data agreements in finance.
The increase in operating profit (up 14.6%) and net profit of which group share (up 18.3%) is even more notable than the increase in revenues.
After a year punctuated by four small acquisitions (130 people), and with (industrial) investments returning to a standard level, net cash and cash equivalents (€138.6m) continue to grow.
Having exceeded 5,000 employees, NEURONES is no longer eligible for PEA PME.
Outlook
As usual, forecasts for the current year will be posted along with the Group's 1st quarter revenues. They will benefit from the momentum gathered in 2016.
About NEURONES
With over 5,000 experts, the NEURONES group specializes in Consulting (Management, Organization and Digital) and IT Services (Infrastructures and Applications). It supports its clients in their change-management projects and in the upgrading and management of their Information Systems.
Euronext Paris (Compartment B - NRO) - Enternext Tech 40
www.neurones.net
| Press Relations: Florence Gillier Communication Sabine Grosdidier Tel.: +33 (0)1 41 18 85 55 sabineg@fgcom.fr | NEURONES Matthieu Vautier Tel.: +33 (0)1 41 37 41 37 rp@neurones.net | Investor relations: NEURONES Paul-César Bonnel Tel.: +33 (0)1 41 37 41 37 investisseurs@neurones.net |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: NEURONES via Globenewswire
