Prodware: Continued growth in 2019: €188.6 million (+7.3%)
18 Février 2020 - 5:45PM
Business Wire
- Strong growth in turnover in the fourth quarter: +18.6%
- Considerable growth in revenue from Publishing and SaaS
Regulatory News:
Prodware (Paris:ALPRO):
Turnover
(not audited)
under IFRS (in €M)
2019
2018
Change
Change on like- for-like
basis(*)
1st quarter
46.3
45.1
+2.7%
+0.8%
2nd quarter
44.7
45.0
-0.4%
-5.8%
3rd quarter
35.2
33.2
+5.9%
-0.5%
4th quarter
62.4
52.6
+18.6%
+7.4%
TOTAL
188.6
175.9
+7.3%
+0.8%
(*) On like-for-like basis: adjusting for acquisitions and
change in consolidation method in 2019
Strong sales trend in strategic segments in 2019
In fiscal year 2019, Prodware’s turnover jumped to €188.6
million from €175.9 million in 2018 for an increase of 7.3%.
Adjusted for the acquisitions of AIGA-CTAC in 2018 and the
neutralisation of integrated turnover (e.g. “Retail and Digital
activity”), turnover was up 0.8%. In the fourth quarter, the
traditionally strong seasonality effect was even more pronounced
with an increase of 18.6%.
Turnover in 2019 in French-speaking regions jumped to €76.0
million for an increase of 9.7%, while international activity
continued to expand with a 5.7% increase in turnover to reach
€112.6 million.
This strong performance across all regions serves to confirm the
Prodware group's strategy that is based on four key fundamentals
focusing on “end-to-end” comprehensive service :
- Consulting on information technologies and more specifically on
Innovation,
- Publishing of industry-specific solutions and innovative
business lines,
- Implementation,
- Managed Services, which keep clients’ business running
24/7.
This strategy is popular with the group's main tech
partners:
- Prodware is the only French company in Microsoft's very
selective “Inner Circle”, which includes just 11 partners
worldwide.
- Prodware holds the highest “Platinum Partner” ranking with
Autodesk, largely thanks to its perfect command of Augmented and
Virtual Reality technologies as well as digitisation and 3D.
Turnover from Publishing (32.7% of overall turnover) reached
€61.7 million for an increase of 9.2% from 2018, driven by key
account clients’ needs to adapt and customise major projects.
Total SaaS sales reached €38.9 million for an increase of 34.8%
from the previous fiscal year. This slice of turnover, which is
recurring and enjoys higher margins, has more than doubled over
three years and now accounts for 20% of Prodware's total
revenues.
Next publication: 2019 annual results: Wednesday 11 March
2020, after close of trading. SFAF meeting to present 2019 annual
results: Thursday 12 March 2020.
About Prodware
Emboldened by three decades of solid experience and know-how in
the field of IT innovation we have always thrived on delivering
value and expertise to our customers worldwide. Whether enabling
ambitious Cloud strategies, artificial intelligence driven
decision-making tools or IoT applications. Prodware keeps paving
the way to innovation.
Prodware has embraced technology advances and breakthroughs
helping companies step into the future by building the business
models of tomorrow across the manufacturing, retail &
distribution, professional services and finance verticals.
The Prodware group is a global company with regional offices in
15 countries with more than 1350 employees generating €189 m in
annual revenue in 2019. Prodware SA is listed on Euronext Growth
and is eligible for the FCPI investment fund and the PEA/PME share
savings plan. More information: www.prodware-group.com
EURONEXT GROWTH (formerly ALTERNEXT)
ISIN FR0010313486 - ALPRO - FTSE 972 IT services Prodware is
FCPI-eligible – Prodware, a socially responsible company, is a
member of the Global Compact.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200218005843/en/
PRODWARE
Stéphane Conrard Chief Financial Officer Tel.: +33 (0)9 79 99 90
00 investisseurs@prodware.fr
PRESS
Gilles Broquelet CAP VALUE Tel.: +33 (0)1 80 81 50 01
gbroquelet@capvalue.fr
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