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Business & Decision Achieves Encouraging Growth in its Half-Year Results of 52%, of Which 27% is Organic

Paris, August 31, 2006,

Business & Decision, the international consulting and data engineering company specialising in Business Intelligence, Customer Relationship Management, Enterprise Resource Planning and E-Business, today announced results for the first half of 2006 (for the period 1 January - 30 June).

Consolidated sales turnover was €65.8 million, which represents an increase of 52% against the comparative period for 2005.

Outperforming the IT services market (which is predicted to grow between 6%-8% during 2006, according to Syntec), Business & Decision's organic growth was 27.4%. It should be noted that this organic growth was substantial both within France (29.2%) and outside of France (22.5%).

Group activities outside of France accounted for 35% of the consolidated half-yearly sales turnover, which reinforces the focus of the Group international activities.

Patrick Bensabat, Chairman, Business & Decision commented "The strong organic growth in sales turnover for the first half of the year highlights the positioning of the Group both within France and outside of France, the relevance of our services and the clarity of our business model. Support from our partners and customers has enabled us to attain new prestigious contracts with Canal+, ADP and RATP."

Increased Sales Activity

The first half of the year revealed an increase in the sales activities of the Business & Decision Group, which is reflected directly within each of Business & Decision's main areas of expertise. Securing a number of strategic multi-year projects has proved a key factor and these now exceed a value of €3 million; confidence amongst customers and partners is buoyant.

As the undisputed European leader in the information market, Business & Decision has confirmed its leadership in Business Intelligence which represented 58% of its first half consolidated sales turnover (and increase of 32% against the comparative period for 2005).

The Customer Relationship Management (CRM) division recorded the highest increase in growth for the first half of the year (an increase of 70%). This increase reinforces the potential for Business & Decision within this specific area of expertise and will enable the Group to establish its position as an undisputed leader in CRM.

The e-Business division has also experienced strong growth as a result of the quality of projects delivered during this period. This accounted for 15% of consolidated sales turnover, an increase of 59% against the comparative period for 2005. The quality of projects implemented has reinforced Business & Decision's position as a leader in the French e-Business market.

Key Milestones for the First Half of 2006

The first half of 2006 saw Business & Decision execute their strategy of expansion outside of France with two major acquisitions:

MI Services became an integral part of Business & Decision in March 2006 and has enabled the Group to expand it critical mass to over 200 employees in the UK and more than 150 employees in North America.

The strategic acquisition of Cognitis Ibérica in February 2006 also enabled expansion in Spain which now counts over 80 employees.

A new offering specifically designed for the Life Sciences sector, was considerably strengthened following the acquisition of Mi Services in the UK and the USA. This offering from Business & Decision is heavily slanted to providing regulatory, compliance and validation solutions whilst utilising Business Intelligence, Customer Relationship Management, e-Business and Enterprise Resource Planning technologies.

Bensabat continued "With the integration of Mi Services, Business & Decision has become one of the leaders in the United States with its offering to the Life Sciences sector. We are seeking to widen this offering to all of the countries in which we are present."

Business & Decision Placed First for its Performance

Rewarded by its partners

Business & Decision was awarded with the "Platinum Award" for Top Resellers in 2006, by Cognos at their recent annual partner summit in Las Vegas. This award represented the highest distinction in this category and is a reflection of the innovation, influence, and thought-leadership that Business & Decision has brought to its customers.

Business & Decision was also awarded first place in the Oracle PartnerNetwork (OPN) Innovation Awards in recognition of its development of an industry leading compliance solution for the Life Sciences sector in the UK. This award recognises the technical innovation of the solution, as well as the success of Business & Decision in integrating the technology as part of its ‘Compliant Enterprise' solution, and delivering cost effective, compliant enterprise solutions to clients in the medical devices and pharmaceuticals sectors.

Rewarded by the financial press

In May 2006, Business & Decision was placed in the top 100 French companies (in terms of performance) by the publication ‘L'Enterprise à l'automne'. The nomination of Business & Decision is a reflection of the growth an unprecedented performance of the Group.

In April 2006, Business & Decision was listed as the 2nd highest ranked French company and ranked 11th in Europe, in the ‘EuroGems' 2006 Index which was produced by RSM International. This Index analysed more than 6,000 publicly listed companies and Business & Decision was the only company from the ‘Computing' sector to be listed in the Top 20.

Confirming Objectives for 2006

In light of the unprecedented results and performance of the Group for the first half of the year, Business & Decision has confirmed its annual sales turnover expectation of €140 million for 2006 (which was originally forecast at €133 million and had been restated to €138 million).

Business & Decision is also following its recruitment plan of more than an additional 500 consultants throughout 2006. With a low staff turnover, Business & Decision is able to recruit new talent that are destined to support strong organic growth.

Next Financial Appointments :

2006 Half-Year Results (after close of market): Tuesday, 26th September  2006

  • Analyst and Investors Meeting: Tuesday, 26th September  2006 at 5:30 PM (Le Club, 153 rue de Courcelles, Paris 17e)
  • 2006 Third Quarter Turnover (after close of market): Tuesday, 31st October  2006
  • 2006 Fourth Quarter Turnover (after close of market): Tuesday, 30th January 2007

About Business & Decision - www.businessdecision.com

Founded in 1992, Business & Decision is an International consulting and Systems Integration company specializing in Business Intelligence, Customer Relationship Management (CRM) and E-Business. The Group works with clients to implement systems that aim at driving business functions and performance (dashboards, reporting, consolidation etc.); help in customer relationship management (sales force automation, call centers, campaign management, analytical CRM); and assist in E-Business (intranet and extranet portals, directories and Meta directories, e-commerce, knowledge management, Open source technologies, etc.). With more than 2,800 employees worldwide, Business & Decision has developed a "complete project" approach that spans from consulting to implementation. The Group has a reputation for its functional and technological expertise and has forged partnerships with all of the key technology vendors. At present, Business & Decision has more than 1,200 clients.

 

Business & Decision has been listed on the Euronext Paris since February 2001 (compartment B / Isin code: FR 00000 7895 8 / Symbol:  BND). Business & Decision is listed in the NextEconomy segment and in the IT-Cac (technology market). For more information, visit: http://www.businessdecision.com/

Press Contact at Business & Decision
Investor relations

Pauline Cieutat - pauline.cieutat@businessdecision.com

Tel: +33 1 56 21 21 20
Fax: +33 1 56 21 21 22