Proactis SA Half Year revenue report Jan 20
28 Février 2020 - 6:05PM
Proactis SA Half Year revenue report Jan 20
Proactis SA Announces Financial
Information for the 6 months ended 31 January 2020
Paris – February 28th, 2020 –
Proactis SA (Euronext: PROAC), a leading provider of comprehensive
spend management and business process collaboration solutions,
today announced financial information for the 6 months ending 31
January 2020, in accordance with the “European Transparency
Obligations Directive” financial disclosure requirements.
Financial data
|
in € million |
|
|
6 months ended 31 January 2019 |
|
6 months ended 31 January 2020 |
|
% Change 2020 / 2019* |
|
|
|
|
|
|
|
|
|
|
Consolidated Revenue |
|
|
7.6 |
|
6.2 |
|
(19%) |
|
SaaS (**) |
|
|
7.2 |
|
5.9 |
|
(19%) |
|
Services |
|
|
0.4 |
|
0.3 |
|
(20%) |
| (Non-Audited
Figures) |
|
|
|
|
|
|
|
| (*) Percentages
calculated on exact numbers, not the rounded numbers shown (**)
SaaS is a model of delivering technology where a software solution
is hosted (cloud computing) as a service for its customers. Clients
do not buy the technology but pay a subscription fee to use
it. |
Turnover of the Group is below the level of the
prior period due principally to non-renewal of contracts and
contract value decreases. Most of the customer churn were contracts
which incorporated third party software. In the same way, the
decrease in the value of contracts was mainly due to the
cancellation of the element relating to third-party software. The
Services component of revenues reflects the pattern in SaaS
revenues.
About Proactis SA
(https://www.proactis.com/proactis-sa), a Proactis
Company
Proactis SA connects companies by providing
comprehensive, cloud-based spend management and collaborative
business process automation solutions for both goods and services,
through The Business Network. Our solutions integrate with any ERP
or procurement system, providing our customers with an easy to use
solution which drives adoption, compliance and savings.
Significant customers include
BASF, Nationwide, Michelin and Henkel
Proactis SA has major operations in Paris,
Houston, Bonn and Manilla. Listed in Compartment C on the Euronext
Paris Eurolist.
ISIN: FR0004052561, Euronext:
PROAC, Reuters: HBWO.LN,
Bloomberg: HBW.FP
Contacts
Tel: +33 (0)1 53 25 55 00E-mail:
investorContact@proactis.com
- Proactis SA Half Year revenue report Jan 20
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