Financial highlights

For the first six months of 2007, Business & Decision reported a consolidated turnover of €93.6 million. This represents a growth of more than 42% against the 2006 comparative period; 30% was achieved organically, excluding currency fluctuations and changes linked to the Dollar.

For the first half of 2007, the Group's international activities enjoyed outstanding growth with an increase in turnover of +92%, while France maintained its growth performance in all of its three of it business segments: Business Intelligence, Customer Relationship Management and e-Business.

The half-year figures reinforce the Group's growth objective; an annual target estimated at €201 million. Moreover, Business & Decision forecasts, for the forthcoming months, a half-year operational result that will fulfill the set objective.

Half-year highlights

Over the half-year, the Business & Decision Group has carried out strategic acquisitions in order to sustain the company's international growth.

In February, Business & Decision increased its share in the Geneva-based Swiss consulting and engineering company Integrated Solutions by 37%. This transaction, which means the Group now has a 65% global shareholding in Integrated Solutions, has propelled the Group to a position of leadership in the Swiss Business Intelligence market. Accounting for over 70 consultants and experts by the end of 2006, Integrated Solutions recorded a turnover of €6.5 million, a 23% growth compared to the 2005 period.

On May 14, Business & Decision announced that they entered into a definitive agreement under which Business & Decision acquired Inforte for $4.25 per share in an all-cash transaction. 

Future Outlook

In order to maintain the Group's substantial growth, Business & Decision is reviewing new external growth opportunities in its existing areas of current expertise, and in strategic locations. Since July, Business & Decision has executed two external growth operations.

In July, Business & Decision announced the completion of the Inforte acquisition initiated in May. With this transaction Business & Decision reinforces its presence in the United-States, the United-Kingdom and India. Moreover, this agreement enables the Group to establish itself in Germany.  Inforte recorded a €31.81 million turnover in 2006, a growth of 4%. The Inforte acquisition was valued at €36 million, and had a net purchase price of approximately €22 million, adjusted to Inforte's cash balance.

Business & Decision's latest acquisition, also carried out in July, sees the Group's expansion into Eastern Europe. With recognized expertise in Customer Performance Management and Risk Management, DSS also offers Customer Relationship Management services. The DSS acquisition will reinforce Business & Decision's existing SAS partnership throughout Europe. The Russian market is expanding and Eastern Europe has a high growth potential for Business & Decision. With a workforce of 45, DSS has reported a turnover of €807 805 in 2006 and has a target of €1.8 million in 2008. 

Exceeding 2,500 employees worldwide (EMEA, Asia and North America), Business & Decision is pursuing its recruitment plan launched at the beginning of the year, which aims to employ over 800 new recruits over the 12 month period to support the Group's expansion.

Forthcoming financial events:

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