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Patrick Bensabat, CEO of Business & Decision, comments: "I am proud to announce that the Business & Decision teams have once again delivered a remarkable performance. 2006 has seen a continuous and profitable growth in turnover. Our wish to build an international Group is substantiated by the new distribution of turnover between our countries. We are capitalizing on our position as leaders in Business Intelligence and in CRM, while establishing a value added market standing for the short-term in e-business. The building up of new strong added-value offers remains a priority in 2007."
Since 2004, the Group's position on its expertise and its international development has enabled it to multiply turnover by more than 2.2. During the last three years (2004-2006), Business & Decision has built an organization adapted to hyper growth, it has reaffirmed its capacity to replicate its model outside France (growth multiplied by 3.8) and it has acquired positions of leadership on its core businesses.
International growth multiplied by 3.8 over 2004-2006 period
2006 saw a turning point in the development of the Group internationally. From a majority presence in Europe, the Group now has locations across four continents: North America, Europe, Africa and Asia. These multiple locations enable the Group to compete for international tenders.
Business & Decision acquired 38% of its turnover internationally in 2006 (114% growth against 2005).
2006 also saw three major international acquisitions (Mi Services, SyBOR, Cognitis Ibérica) which generated €20.9 million of turnover for the 2006 period.
In February, Business & Decision acquired the consulting and engineering company Cognitis Ibérica in Spain, (€2.5 million turnover in 2005).
In March, Business & Decision reinforced their presence in Great Britain and the United States with the acquisition of Mi Services (€20.24 million turnover in 2005).
In October, Business & Decision acquired SyBOR, a consulting services company based in Switzerland (€5.6 million turnover in 2005).
Global Group Activity Performance
Business & Decision has retained leadership status in its core activities.
Business Intelligence, the Group's cornerstone activity generated 58% of the 2006 turnover, which is a 39% growth on the preceding year.
Moreover, CRM activity represented +67% of the Group's turnover, which amounts to 18% of the 2006 turnover.
The Group's e-Buisness activity represented 16% of the annual turnover for 2006, an 80% growth in relation to 2005.
The "Enterprise Solutions" offer represented 8% of the turnover, which is a growth of 191% against the 2005 term.
The Group's excellent performance and solid growth are primarily due to the following factors:
- a strong replication of the Business & Decision model internationally,
- the development of enterprise solutions,
- a constant increase in the number of orders,
- the renewal of important contracts for 2007,
- the securing of new references in Europe and North America,
- the signing of several multi-year contracts exceeding €3 million,
- the reinforcement of strategic partnerships.
Creation of Value
For 2007, Business & Decision has set a turnover objective of €180 million pro forma outside acquisitions. In order to meet this objective, Business & Decision is continuing to foster organic growth in order to reach 2,300 employees worldwide.
Business & Decision is going to continue to pursue external growth internationally in 2007.
Patrick Bensabat concluded: "For the 2007-2009 period, Business & Decision will standardize its offers both within and outside France, develop Value across its vertical offers, and acquire e-Business leadership in Europe."
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