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€M | Q3 2006 | Q3 2007 | Incr. | 9 months 2006 | 9 months 2007 | Incr. |
Turnover | 34.5 | 51.5 | 49.3% | 100.4 | 145.1 | 44.5% |
France | 20.8 | 24.9 | 19.7% | 63.7 | 78.2 | 22.8% |
International | 13.7 | 26.6 | 94.2% | 36.7 | 66.9 | 82.3% |
Business & Decision's outstanding performance should be considered in light of Syntec Informatique's growth forecasts for the software and services market, estimated at 6% and 8% for 2007.
"The Business & Decision Group benefits from strategic efforts deployed internationally. All the Group's entities are expanding rapidly, justifying once again the soundness of our market positioning. An important aspect of our growth derives from our capacity to share knowledge between countries. Furthermore, Business & Decision, on its core expertise, offers a credible alternative to the larger consulting and integration firms established in countries where the Group is present", comments Patrick Bensabat, Business & Decision's CEO.
In comparison with the favorable forecasts at the beginning of the year, Business & Decision experienced accelerated growth during the third quarter thanks to the Group's international activities. This achievement validates the Group's strategy originally deployed in France and Europe.
Successful model for international growth
International activities account for €66.9 million of the nine-month turnover and represent a growth of 82.3%. This performance is due to flourishing activities in Switzerland (+370%), North America (+130.3%), Benelux (+58.3%) and the United Kingdom (+43.9%). A strong organic growth of 63.9% is sustained for the Group's international activities.
Business & Decision pursues its investment and value creation efforts at an international level. At the end of October, Business & Decision's international coverage is wider and includes new locations in Germany, Russia, Romania, Israel and Morocco. The Group expects to gain 50% of its turnover from its international activities by the end of the period, one year ahead of target.
Core activities still driving performance
The Business & Decision Group maintains its quality and growth objectives set at the beginning of the year. Thanks to a consistent performance, Business & Decision appears in the "Europe's 500" ranking for the fourth consecutive year. The Group is listed as one of the leading European companies for its job creation and turnover for the 2003-2006 period. The Group's outstanding performance ranks Business & Decision 8th for the French market and 4th among the French IT companies.
The Group's original business activity, Business Intelligence, generated a 33.1% growth over 9 months and accounts for 62.3% of the Group's turnover.
With an ever-growing client portfolio, Customer Relationship Management accounts for the most impressive growth with (+30%), representing 22.1% of the turnover.
The Group's third core activity, e-Business, represents 15.6% of the 9 month-turnover, amounting to a 22.8% growth compared to the same period in 2006.
Renewed confidence in annual objectives
Business & Decision reaffirms its €205 million target for the 2007 financial period. In order to support the Group's strong organic growth, the recruitment plan launched by Business & Decision in 2007 aims to recruit 600 new employees to reinforce the Group's areas of expertise.
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