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Business & Decision out performs the market with organic growth of 22% in half-year turnover
Business & Decision, the European consulting and data engineering company specialising in Business Intelligence, Customer Relationship Management (CRM) and e-Business, today announced consolidated sales of ¤ 33.8 million for the 6 month period to 31st December 2004; an increase of 22% compared to the same period of the previous year. This growth was primarily organic.
The international activities of the Group (from subsidiary companies in Great Britain, Belgium, Switzerland, Spain, Netherlands, and including contracts outside of Europe) represented 23% of the sales turnover for this six-month period.
A Performance Over and Above that of the IT Services Market
"With an increase in sales turnover of 22%, the performance of the Group has once more exceeded the growth of the French software and data processing markets, which is estimated at 5% for 2004 by Syntec" commented Patrick Bensabat, Chairman of Business & Decision.
New projects with existing customers demonstrated their continued confidence in Business & Decision. Business & Decision have also recorded a number of new strategic projects with very large European accounts (for example, the development of a financial solution at a leading telecom operator, the design of a solution to manage marketing campaigns at an audio-visual group, restructuring the B2B and B2C sites at an international tourism operator).Strong Growth Seen in the Traditional Business Intelligence Activities but also in E-business and CRM
"The strong organic growth of the Group is reflected by the acceleration of our Business Intelligence leadership, combined with a true recognition of our expertise in e-Business (with several projects each worth more than € 1 million) and growing activity in CRM where we remain one of the rare specialists in France", continues Patrick Bensabat. "Our business model of providing a variety of services means that we can meet the diverse requests of our customers."The Business Intelligence activities of the Group, where Business & Decision are ranked as the specialist leader in Europe, accounted for 67% of consolidated sales turnover (representing an increase of 28%). CRM represented 16% (an increase of 20%) and e-Business activities accounted for 17% (an increase of 2%).
A resolution was passed at the last General Meeting to change the accounting reference date to 31st December. As a result there will be a 6 month reporting period to 31st December 2004 followed by a 12 month period to 31st December 2005. Over the last twelve months (from 1st January to 31st December 2004), the sales turnover for the Group amounted to € 64.3 million, an increase of 17% compared to the calendar year 2003.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
