| In millions of euro (Unaudited figures) | Q3 | 9M | ||||||
| 2016 | 2015 | Chg % | 2016 | 2015 | Chg % | |||
| Total | 48.4 | 30.8 | +57.0% | 134.7 | 91.1 | +47.8% | ||
| O/w France | 33.6 | 21.2 | +58.3% | 94.9 | 64.8 | +46.4% | ||
| O/w International | 14.8 | 9.6 | +54.3% | 39.8 | 26.3 | +51.4% | ||
57% growth in turnover in the third quarter
SOLUTIONS 30, Europe's leading provider of Solutions for New Technologies, today announced consolidated turnover of €48.4 million in Q3 2016, up 57% year-on-year.
Growth was essentially organic in France. Turnover was up 58.3%, fuelled by the ramp-up of contracts for the roll-out of fibre optic coverage and the installation of Linky smart meters across the country.
The international market accounted for 30.6% of Solutions 30's quarterly turnover and was up 54.3%. This increase was due to the consolidation of new companies in the group: Rexion and Autronic in Spain, and FJS in Belgium (acquired in November 2015, March 2016 and May 2016, respectively).
Turnover rose 47.8% in the first nine months, compared with the same period last year.
Outlook for profitable growth confirmed
SOLUTIONS 30 confirms its outlook for profitable growth for full-year 2016, with even stronger growth in the second half than in the first. At the same time, the company will continue its external growth strategy, giving priority to Germany and Italy.
Next key dates:
23 January 2017: publication of 2016 revenue.
About SOLUTIONS 30
The SOLUTIONS 30 group (ex PC30) is Europe's leading provider of solutions for New Technologies. Its mission is to make the technological changes that transform our daily lives accessible to everyone, individuals and businesses alike: yesterday, computers and the Internet; today, digital; tomorrow, the technologies that will make the world ever more connected in real time. Since its founding, the Group has handled more than 9 million calls and created a network of 3,000 regional technicians. Solutions 30 currently covers the whole of France, Italy, Germany, the Netherlands, Belgium and Spain. The total number of SOLUTIONS 30 S.E. shares is 20,440,516, with an identical number of theoretical and exercisable voting rights.
Solutions 30 is listed on the Alternext market - ISIN FR0010263335 - code ALS30, eligible for the PEA-PME share savings plan,
and on the Frankfurt stock exchange on the XETRA electronic system (ISIN FR0010263335 - code EO2)
For more information, go to www.solutions30.com
SOLUTIONS 30 CONTACTS :
Nezha Calligaro
+352 2 648 1917
nezha.calligaro@solutions30.com
PRESS CONTACT :
Samuel Beaupain, EDIFICE
+33 (0)6 88 48 48 02
samuelbeaupain@reseau-edifice.com
INVESTOR RELATION
Nathalie Boumendil, EDIFICE
+33 (0) 6 85 82 41 95
nathalie@edifice-communication.com
LISTING SPONSOR :
Hervé Guyot, GENESTA
+ 33 (0)1 45 63 68 60
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SOLUTIONS 30 via Globenewswire
Source(s) : SOLUTIONS 30
