Prodware: Increase in Business Activity in the 1st Half Of 2021
- Revenue: + 2.3%
- Increase in SaaS revenue: +16.0%
IFRS revenues Unaudited data - in €M
2020 pro forma*
Variation pro forma*
* revenues restated to reflect the sale of its Tunisian
entity and the Software Integration business activity in Israel,
both sold in 2020
Organic growth continues
In the first half of 2021, Prodware generated revenues of €81.6
million compared with €79.8 million in the first half of 2020,
representing pro forma increase of 2.2%. On a reported basis,
activity was down 4.6%, due to the impact in 2020 of the sale of
the Tunisian subsidiary and the Software Integration business
activity in Israel.
Revenues from software development grew by 2.6% on a pro-forma
basis to reach €27.9 million, representing 34.2% of total revenues,
identical to the same period in the previous year.
SaaS revenues amounted to €22.0 million, up 16.0% on a pro forma
basis compared with the same period of the previous year.
Conversely, the Integration/Services business activity, more
affected by the impact of the health crisis, posted a 5.8% decline
over the first six months of the year.
The second quarter saw a hike in business activity with an
increase of 3.4% compared with 1.4% in the first quarter showing a
great sale dynamic with a solid backlog of orders.
By geography, international operations accounted for 52.4% of
the total business activity, down significantly (-12.4 pts)
compared with the first half of 2020 due to the divestment of
activities during 2020.
In the second half of the year, Prodware will leverage its main
assets that of its Business Consulting Practice and its Software
Development activity to support its customers in addressing the new
business challenges of tomorrow.
The pursuit of its excellent collaboration with its historical
technology partners will continue to secure Prodware's position as
a key market player in the digital transformation of companies. As
such, Prodware France has been awarded best Microsoft partner of
the year 2021 in the "technical skills" category. This recognition
clearly acknowledges Prodware's professionalism and commitment, its
expertise in innovation and innovative business solutions, by the
biggest industry leader.
Next publication: Results for the 1st semester 2021 and
revenues of the 3rd quarter 2021: October 13, 2021, after market
With 30 years of experience and know-how in IT innovation, we
strive to provide value and expertise to our customers around the
world. Whether we’re implementing the most ambitious cloud
strategies, developing AI-powered decision-making tools, or
creating IoT applications, Prodware is always at the cutting edge
of innovation. Since its inception, Prodware has leveraged
technological progress to help businesses prepare for the future by
creating new economic models for the manufacturing, sales,
distribution, finance, and business service industries. The
Prodware group includes more than 1,250 employees across 12
countries. It generated revenues of €172.4 million in 2020.
Prodware SA is listed on Euronext Growth and is eligible for FCPI
(innovation funds) and SME PEA (equity savings plan). For more
EURONEXT GROWTH (ex. ALTERNEXT) ISIN FR0010313486 - ALPRO
- FTSE 972 Services informatiques Prodware est éligible FCPI -
Entreprise responsable, Prodware est adhérent du Global
version on businesswire.com: https://www.businesswire.com/news/home/20210721005426/en/
PRODWARE Stéphane Conrard Directeur financier T : 0979
999 000 firstname.lastname@example.org
PRESSE Gilles Broquelet CAP VALUE T : 01 80 81 50 01
Graphique Historique de l'Action
De Août 2021 à Sept 2021
Graphique Historique de l'Action
De Sept 2020 à Sept 2021