NEURONES: Organic growth up 5.4% in 1st quarter 2020
06 Maggio 2020 - 05:40PM
NEURONES: Organic growth up 5.4% in 1st quarter 2020
PRESS INFORMATION Heading: 1st quarter 2020
revenuesNanterre, May 6, 2020 (after the closing of the stock
exchange)
Organic growth up 5.4% in 1st quarter
2020
(€
millions) |
Q1 2019 |
Q1 2020 |
growth |
of which organic |
Revenues |
128.7 |
135.3 |
+5.1% |
+5.4% |
Achievements
Despite the lockdown in effect since March 17,
the Group achieved organic growth of +5.4% in the 1st quarter of
2020 (compared with +4.2% over the same period last year).
The operating profit (*) stood at 9.3% of
revenues (compared with 9.5% for the 1st quarter of 2019 excluding
exceptional capital gains).
Compared with the 2019 Universal Registration
Document (www.neurones.net - Investors), the financial position
(net cash of €218.3 million at December 31, 2019) has not changed
significantly.
Outlook
Organic growth in the 1st quarter, a significant
proportion of recurring managed services contracts, low exposure to
affected sectors and a probable acceleration of the digital
transformation constitute a favorable context. However, the fall in
GDP announced at a minimum of -8% (for France) leads the Group to
forecast revenues of approximately €475 million for 2020, with an
operating profit of at least 6%.
In view of the current high exogenous
uncertainties, this estimate is naturally less precise than those
of previous years and may be revised in the light of the behavior
of economic agents in the coming quarters, which is difficult to
predict.
(*) unaudited and after inclusion of 0.2%
expenses related to bonus shares.
About NEURONES
With 5,400 experts, the NEURONES Group
specializes in Consulting (Management, Organization and Digital)
and IT Services. It supports its clients in their digital
transformation projects and in the upgrading of their information
systems.
Euronext Paris (compartment B - NRO) - Enternext
Tech 40 - SRD (deferred settlement) mid-caps www.neurones.net
Press Relations:O'ConnectionFloriane MonnierTel.:
+33 (0)6 32 37 57 28fmonnier@oconnection.fr |
NEURONESMatthieu
VautierTel.: +33 (0)1 41 37 41 37rp@neurones.net |
Investor Relations:NEURONESPaul-César BonnelTel.:
+33 (0)1 41 37 41 37investisseurs@neurones.net |
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