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€m | 3rd Quarter | 3rd Quarter | Increase | 9 Months | 9 Months | Increase |
Sales Turnover | 34.5 | 21.5 | 61% | 100.4 | 64.5 | 56% |
France | 20.8 | 15.4 | 35% | 63.7 | 46.7 | 36% |
Outside France | 13.7 | 6.1 | 125% | 36.7 | 17.8 | 106% |
The Group's 3rd quarter results for this financial year reflect organic growth of more than 32%.
Since being listed on the Euronext Paris in 2001, Business & Decision has continued to prosper, with an average growth of 32.7% each year for the last 5 years.
In comparison with the market indicators for the IT software and services market, Business & Decision has again outperformed the growth estimations set by Syntec Informatique (which were between 6.5%-7.5% for 2006).
"Reaching this €100m milestone is a reflection of the growth of the Business & Decision Group over the last year. The excellence of our team and our service offerings has meant we have retained our leadership position in the areas of Business Intelligence, Customer Relationship and E-Business. We expect to see further growth throughout 2007, especially in our activities outside of France", commented Patrick Bensabat, Chairman, Business & Decision.
Strong International Growth
Business & Decision continues to strategically invest in its international activities, in order to continue its growth. International activities contributed €13.7m to the Group's consolidated turnover for the 3rd quarter (which represents 39.7%). Additionally the 12 regions outside of France experienced organic growth of more than 34%.
This 3rd quarter was marked by the acquisition of the Swiss consulting and engineering company SyBOR, which will strengthen Business & Decision's presence in Switzerland and generate more than €6m in turnover throughout 2007.
Looking towards 2008, the Business & Decision Group plans to pursue the same dynamism in its international development and exploit the potential of its key activities.
Reinforced Leadership Status in Areas of Core Expertise
Business & Decision has maintained its high levels of turnover and has set ambitious objectives for the coming months. The Group's performance was recently acknowledged in "Europe's 500", where it was ranked in the top 100 European companies largely due to its employment opportunities and its sales turnover for 2002-2005.
Business Intelligence, the cornerstone service offering from Business & Decision, generated a growth of 64.7% for the 3rd quarter. This represented 68% of the Group's consolidated sales turnover.
Customer Relationship Management saw strong growth (31.8%), and represented 16% of the 3rd quarter's turnover.
E-Business represented 16% of sales turnover for the 3rd quarter, and saw an increase of 80.8% against the comparative period from 2005.
Renewed Confidence in its Annual Objectives
Business & Decision has reaffirmed its target of 50% growth, compared to 41% for the previous year. This equates to a turnover of €140m for the financial year of 2006. To support this strong organic growth, Business & Decision initiated an ambitious recruitment strategy for 2006 and by the end of the year will have recruited 600 new employees to strengthen all areas of expertise within the Group.
13/05/2008
B&D and Microsoft publish new BI in Financial Services whitepaper
30/04/2008
Quarter 1 turnover increases by 27.8%
17/04/2008
B&D acquires ICS to strengthen Microsoft and Oracle presence
31/03/2008
2007 proves a year of growth for Business & Decision
27/03/2008
Business & Decision launches dedicated Neolane service centre
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