ASSYSTEM: First-half 2015 revenue
July 30 2015 - 11:35AM
First-half 2015
revenue
(Paris - 30 July 2015, 5:35 p.m.)
- Assystem SA (ISIN: FR0000074148 - ASY), a leading Innovation and
Engineering Consultancy, today announced its consolidated revenue
for the six months ended 30 June 2015.
First-half 2015 consolidated revenue
and % change versus first-half
2014 (unaudited)
In €m |
H1 2014 |
H1 2015 |
Reported
change |
Organic
change
excl. staffing* |
Organic
change* |
Group |
438.7 |
447.2 |
1.9% |
2.0% |
-0.3% |
France |
271.3 |
275.1 |
1.4% |
1.4 % |
1.4% |
International |
167.4 |
172.1 |
2.9% |
3.4% |
-3.0% |
|
|
|
|
|
|
Energy & Infrastructure |
182.1 |
185.4 |
1.8% |
2.0% |
-3.5% |
Global Product Solutions |
256.6 |
261.8 |
2.0% |
2.0% |
2.0% |
* At constant
scope of consolidation (including Radicon in 2014 first-half) and
current exchange rates
Assystem achieved organic growth
of 2% in the first half of 2015, excluding the decrease in revenue
from staffing activities. Such growth accelerated noticeably to
3.3% in the second quarter from 0.8% in the first three months of
the year.
Within the Energy
& Infrastructure division, the staffing business remained
on the trend seen since the fourth quarter of 2014.
In the Nuclear segment, business was stable in relation to the
prior-year period and is expected to return to growth in the second
half, despite delays in new-build projects in particular in the
United Kingdom. In the Middle East, Radicon revenue has increased
strongly as anticipated.
Growth in the Global Product Solutions division was led by the still
very strong momentum in Automotive revenue.
In Aerospace, revenue declined slightly over the period due to the
pace at which the segment's design business is transitioning to
production and supply chain optimisation, combined with the decline
in LAK[1] business.
The stabilisation of the design business and the ramp up of
manufacturing-related services will have a positive impact going
forward.
Workforce and invoicing
rate
Assystem had 11,248 employees at
30 June. The operational invoicing rate for the first-half of 2015
was 90.1%.
INVESTOR CALENDAR
Assystem is
an international Engineering and Innovation Consultancy. As a
key participant in the industry for 50 years, Assystem supports its
customers in developing their products and managing their capital
expenditure throughout the product life cycle. Assystem employs
11,248 people worldwide and generates annual revenue of close to
€900 million. Assystem SA is listed on Euronext Paris.
For more information, please visit
www,assystem,com
Follow Assystem on Twitter: @Assystem
CONTACTS
Philippe Chevallier
Deputy Managing Director & Chief Financial Officer
Phone: +33 (0)1 55 65 03 10 |
Nicolas Castex - Agnès Villeret
Citigate Dewe Rogerson
Phone: +33 (0)1 53 32 78 95
agnes.villeret@citigate.fr |
Pauline Bucaille
Vice President, Corporate Communications and Investor
Relations
Phone: +33 (0)1 55 65 03 08 - pbucaille@assystem.com |
|
First-half 2015 revenue by
quarter
In €m |
Q1 2014 |
Q1 2015 |
Reported
change |
Organic
change
excl. staffing* |
Organic
change* |
Group |
221.6 |
222.3 |
0.3% |
0.8% |
-1.7% |
France |
136.6 |
137.3 |
0.5% |
0.5% |
0.5% |
International |
85.0 |
85.0 |
0.1% |
1.5% |
-5.0% |
|
|
|
|
|
|
Energy & Infrastructure |
91.9 |
92.4 |
0.5% |
1.9% |
-4.1% |
Global Product Solutions |
129.7 |
129.9 |
0.2% |
0.2% |
0.2% |
|
|
|
|
|
|
In €m |
Q2 2014 |
Q2 2015 |
Reported
change |
Organic
change
excl. staffing* |
Organic
change* |
Group |
217.1 |
224.9 |
3.6% |
3.3% |
1.0% |
France |
134.7 |
137.8 |
2.3% |
2.3% |
2.3% |
International |
82.4 |
87.1 |
5.7% |
5.3% |
-1.0% |
|
|
|
|
|
|
Energy & Infrastructure |
90.2 |
93.0 |
3.1% |
2.2% |
-2.9% |
Global Product Solutions |
126.9 |
131.9 |
3.9% |
3.9% |
3.9% |
* At constant
scope of consolidation (including Radicon in the first two quarters
of 2014) and current exchange rates
[1] Leiharbeitskraft activities correspond to the
secondment of engineers to a customer facility in Northern
Germany
First-half 2015 revenue
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: ASSYSTEM via Globenewswire
HUG#1942605
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