1st half 2019 operating profit stands at 10.9%
September 11 2019 - 10:40AM
1st half 2019 operating profit stands at 10.9%
PRESS INFORMATIONHeading: 1st half 2019
results
Nanterre, September 11, 2019 (after trading)
1st half 2019 operating profit stands at
10.9%
|
Accounts at June 30 (audited in € millions) |
H1 2018 |
2018 |
H1 2019 |
|
Revenue |
243.1 |
490.1 |
253.8 |
|
Business operating profit * |
21.3 (8.8%) |
47.1 (9.6%) |
28 (11%) ** |
|
Operating profit |
20.6 (8.5%) |
46 (9.4%) |
27.6 (10.9%) ** |
| Net
financial income |
0.7 |
1.6 |
0 |
| Income
tax |
(7.5) |
(18) |
(9.1) |
| Net
profit after tax |
13.8 (5.7%) |
29.6 (6%) |
18.5 (7.3%) |
| of
which, group share |
12.1 |
26 |
15.9 |
| Staff
at end of period |
5,123 |
5,160 |
5,217 |
Achievements
At identical scope, first half-year growth was
5.3%.
Before taking into account a non-recurring gain
**, the first half-year operating profit would have been 9.1% of
revenue (compared with 8.5% in the first half of 2018).
The first application of IFRS 16 on leases has
no material impact on the operating profit and generated a decrease
of €0.5 million in financial income.
Over one year, net cash (excluding IFRS 16 lease
liabilities) increased by €34 million. At June 30, 2019, net cash
totaled €182.3 million.
Finally, employee turnover decreased by nearly 5
points compared with the first half of 2018.
Outlook
For the year 2019, NEURONES confirms its
forecasts:
- consolidated revenue of approximately €505 million,
- operating income of between 10 and 10.5% **.
* Before the cost of bonus shares.
** A disposal gain of +€4.6 million was recorded
at end-January. This increased the operating profit by 1.8% for the
half year and 0.9% for the year as a whole.
About NEURONESWith 5,200
experts, 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 valueswww.neurones.net
|
Press Relations:O’ConnectionFloriane MonnierTel.: +33 6 32
37 57 28fmonnier@oconnection.fr |
NEURONESMatthieu VautierTel.: +33 1 41 37 41
37rp@neurones.net |
Investor Relations:NEURONESPaul-César BonnelTel.: +33 1 41
37 41 37investisseurs@neurones.net |
PRESS INFORMATION Heading: 1st half 2019
results
Nanterre, September 11, 2019 (after trading)
1st half 2019 operating profit stands at
10.9%
|
Accounts at June 30 (audited in € millions) |
H1 2018 |
2018 |
H1 2019 |
| Revenue |
243.1 |
490.1 |
253.8 |
| Business operating
profit * |
21.3 (8.8%) |
47.1 (9.6%) |
28 (11%) ** |
| Operating profit |
20.6 (8.5%) |
46 (9.4%) |
27.6 (10.9%) ** |
| Net financial
income |
0.7 |
1.6 |
0 |
| Income tax |
(7.5) |
(18) |
(9.1) |
| Net profit after
tax |
13.8 (5.7%) |
29.6 (6%) |
18.5 (7.3%) |
| of which, group
share |
12.1 |
26 |
15.9 |
| Staff at end of
period |
5,123 |
5,160 |
5,217 |
Achievements
At identical scope, first half-year growth was
5.3%.
Before taking into account a non-recurring gain
**, the first half-year operating profit would have been 9.1% of
revenue (compared with 8.5% in the first half of 2018).
The first application of IFRS 16 on leases has
no material impact on the operating profit and generated a decrease
of €0.5 million in financial income.
Over one year, net cash (excluding IFRS 16 lease
liabilities) increased by €34 million. At June 30, 2019, net cash
totaled €182.3 million.
Finally, employee turnover decreased by nearly 5
points compared with the first half of 2018.
Outlook
For the year 2019, NEURONES confirms its
forecasts:
- consolidated revenue of approximately €505 million,
- operating income of between 10 and 10.5% **.
* Before the cost of bonus shares.
** A disposal gain of +€4.6 million was recorded
at end-January. This increased the operating profit by 1.8% for the
half year and 0.9% for the year as a whole.
About NEURONESWith 5,200
experts, 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 valueswww.neurones.net
|
Press Relations:O’ConnectionFloriane MonnierTel.:
+33 6 32 37 57 28fmonnier@oconnection.fr |
NEURONESMatthieu
VautierTel.: +33 1 41 37 41 37rp@neurones.net |
Investor Relations:NEURONESPaul-César BonnelTel.:
+33 1 41 37 41 37investisseurs@neurones.net |
- NEURONES - 1st half 2019 results
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