Turnover for 1st half-year of 2007: + 6.7%
Sodifrance on course to achieve targets for 2007
€k | 2007 | 2006 | Change |
1st quarter | 11,827 | 11,009 | +7.4% |
2nd quarter | 12,020 | 11,351 | +5.9% |
Total 1st half-year | 23,847 | 22,360 | +6.7% |
- First half-year in line with targets
The turnover for the 1st half-year of 2007, up +6.7%, is in line with the targeted growth in sales at around 7% for the financial year, taking into account seasonal business variations.
All SODIFRANCE activities are benefiting from the dynamics of the sector.
- External growth: target for 2007 reached
In accordance with its strategy, SODIFRANCE has made two acquisitions:
- Onext, on 16 April, a company complementary in the field of offering Internet/Intranet portals based on Open-Source content management technologies. This company was consolidated into the accounts in April 2007, but did not have a major impact on the business in the 1st half-year (€146k).
- API Group, on 12 July. API Group (workforce: 234, turnover: €15.5m), which enjoys a strong presence in Paris, will enable SODIFRANCE to have a truly national dimension, and to accelerate its development with major accounts in the Banking-Insurance sector. This company will be consolidated in the accounts as of 1 July.
SODIFRANCE, which passed the 600-staff mark in July, now has a total workforce of 835 employees. The heightened presence of SODIFRANCE in Paris, as a result of the acquisition of API Group, will accelerate its recruitment ability on this market.
- Forecast 2007
In view of the acquisition of API Group, we have increased our turnover target for 2007 from €48m to €55m. We maintain our target for pre-tax operating profit up 6% over the whole financial year.
About SODIFRANCE
Listed on Euronext Paris in Eurolist section C, SODIFRANCE is a computer services and engineering company with 835 employees at 10 locations in France and Belgium.
SODIFRANCE performs computer services for major customer accounts, in particular in the Banking-Insurance and Administration-Defence sectors. Sodifrance has recognised skills in the field of asset modernisation, evolution towards new technologies and SOA architectures, using automated solutions developed by its R&D centre. Its 2 specialised subsidiaries, Onext and Mia-Software, are involved in new technologies: Onext offers internet/intranet portals based on Open-Source CMS technologies. For its part, Mia-Software develops and markets a software sequence dedicated to optimising application life cycle.
For further information:
SODIFRANCE: Communications Management: Anne-Laure Mazin | ACTIFIN: Maël Lecrubier |
[email protected] - Tel.: 02 99 23 46 00 | [email protected] - Tel.: 01 56 88 11 11 |
www.sodifrance.com | www.actifin.fr |