B&D Worldwide |
NewsQ1 REVENUE OF €58.2 MILLION - SEQUENTIAL GROWTH OF 5.2% FROM Q4 - Financial news29/04/2010 Paris, France, April 29th 2010,
Patrick Bensabat, Chief Executive Officer at Business & Decision, comments: “The results of this first quarter indicate the ongoing recovery in activities since last October. The recovery is particularly noticeable in France where our industry leader status has helped us retain our market share over our competitors. In 2009, we undertook a project to substantially reposition ourselves and for several months now, we have been feeling the benefits of this.”
Revenue by geographical area
Business & Decision recorded revenue of €30.8m for the first quarter in France, representing a decrease of -0.9% from the same period in 2009. This result marks Business & Decision’s stabilisation in France over the last two quarters, particularly important since first quarter revenue has a tendency to be lower than those of Q4.
International activities recorded revenue of €27.4m, a decrease of 17.6% compared to the first quarter of 2009. This figure takes into account the non-recurrent revenue of €5 million in licenses, most notably related to a significant 2009 US contract.
Revenue by service line
Outlook
Given the current gradual recovery, the Group is confident that it will continue to strengthen its position as specialist, as well as its capacity to adjust to the developing market, to considerably strengthen its profitability throughout 2010.
Upcoming Financial Dates:
About Business & Decision Business & Decision is an international Consulting and Systems Integration (CSI) company. It is a leader in Business Intelligence (BI) and Customer Relationship Management (CRM), and a major player in e-Business, Enterprise Information Management (EIM), Enterprise Solutions as well as Management Consulting. Business & Decision contributes to the success of customer projects by driving maximum business performance. The company has a reputation for functional and technological expertise and has forged partnerships with all of the key technology vendors. Located in 19 countries, Business & Decision currently employs over 2500 people worldwide. Additional information is available at www.businessdecision.com
Contact
Investor Relations Business & Decision Tel: +33 (0)1 56 21 21 20 finance@businessdecision.com
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