NEURONES: 8.5% operating profit in the 1st half 2018
September 05 2018 - 10:40AM
PRESS INFORMATION
Heading: 1st half 2018
results
Nanterre,
September 5, 2018 (after trading)
8.5% operating
profit in the 1st half
2018
| Accounts at June 30 (audited in € millions) |
H1 2017 |
2017 |
H1 2018 |
| Revenues
(*) |
245 |
485 |
243.1 |
| Business
operating profit (**) |
21.7
(8.9%) |
46.4
(9.6%) |
21.3
(8.8%) |
| Operating
profit |
21.1
(8.6%) |
44.9
(9.3%) |
20.6
(8.5%) |
| Net
financial income |
1.8 |
2.9 |
0.7 |
| Tax on
earnings |
(7.7) |
(16.2) |
(7.5) |
| Net profit
after tax |
15.2
(6.2%) |
31.6
(6.5%) |
13.8
(5.7%) |
|
|
13 |
27.3 |
12.1 |
| Staff at
end of period |
5,024 |
5,028 |
5,123 |
(*) applied since January 1, 2018,
the effect of IFRS 15 is to decrease Group revenues approximately
€9 million in 2017 and in 2018, without obviously an impact on
operating profit. Revenues in the 1st half of 2017
restated for IFRS 15 would have been €239.2 million instead of the
€245 million published.
(**) before cost of free shares
Achievements
On an identical scope and
accounting method (IFRS 15) basis, the business activity grew 5.1%
over the first six months of FY2018.
The operating profit for the
half-year totaled 8.5% of revenues (8.6% in the first half of
2017).
Over a one-year period, cash flow
(excluding financial debt) increased €11.6 million. At June 30,
2018, it stood at €148.3 million.
Outlook
For the entire 2018 fiscal year
and on a like-for-like basis, NEURONES maintains its forecast of
more than €490 million in revenues (IFRS 15) and an operating
profit of approximately 9% of revenues.
About
NEURONES
With over 5,100 employees, the
NEURONES group specializes in Consulting (Management, Organization
and Digital) and IT Services (Infrastructures and Applications). It
supports its clients in their digital transformation and
information system outsourcing projects.
Euronext Paris (compartment B -
NRO) - Enternext Tech 40 - SRD medium values
www.neurones.net
Press Relations:
Florence Gillier Communication
Sabine GROSDIDIER
+33 1 41 18 85 55
sabineg@fgcom.fr |
NEURONES
Matthieu VAUTIER
+33 1 41 37 41 37
rp@neurones.net |
Investor Relations:
NEURONES
Paul-César BONNEL
+33 1 41 37 41 37
investisseurs@neurones.net |
NEURONES-H1-2018-results
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
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
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