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With EBIT recorded at EUR 1.39m for the first-half of the fiscal year, Business & Decision reaches its objectives of strong profitable growth for the year by accelerating its strategic development on the key segments of e-decision.
Millions of euros | H1 2000/2001 | % Turnover | 2000/2001's Objectives | % Turnover |
Turnover | 11.66 | 100.0% | 27.5 | 100.0% |
EBIT | 1.39 | 11.9% | 3.14 | 11.4% |
Net profit before goodwill depreciation | 0.89 | 7.6% | 1.98 | 7.2% |
Net profit (Group share) | 0.84 | 7.2% | 1.98 | 7.2% |
With EUR 19m in revenue recorded over the first 9 months of 2000/2001 fiscal year (+46%), the company has reinforced its presence on its core-market of Fortune 500-type companies and developed its Mid-Market activities via its regional agencies.
This movement was upheld by strong organic growth in its three main businesses of Business Intelligence (+38%), Customer Relationship Management (+53%) and especially e-business (+60%) as well as through a consequent strengthening of its teams. Business & Decision now has staff of 384, an increase of 150 on June 30, 2000.
Rapid growth of its Swiss's subsidiary, initiated in February 2000, has enabled the company to record one tenth of global revenues abroad, a proportion which should increase considerably following the creation in Brussels in February 2001 of Moses, a joint-venture with DMC, a subsidiary of BDDO-Omnicom and leader on the Belgian CRM market. Business & Decision's operations in Spain, which began in January 2001, should be contributing positively by the first-half of next fiscal year.
In line with its strategy of geographic extension to the French territory, Business & Decision announced today the acquisition of Normanet. The company, based in Normandy, is specialized in e-business solutions and has demonstrated perennial profitable growth since its creation in 1997. The company recorded EUR 0.5m in yearly turnover at December 31, 2000 and expects to record EUR 0.8m in revenue for the current fiscal year.
Patrick Bensabat, President and founder of Business & Decision said: "When we listed on the stock-market, we announced precise objectives to which we are faithful. Organic growth of our activities is at the heart of a business-model which remains at all times profitable."
"Over these past nine months, we have swiftly moved forward by increasing our client portfolio, developing new services for our existing client-base and recruiting new and talented collaborators. The branching out of our activities to the Mid-Market sector via our regional network and the increased internationalization of our activities through high-quality partnerships are an integral part of our successful strategy", he added.
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