Press releaseNovember6,2018, 6:00pm Accelerated growth in the third quarter of 2018 Q3 revenue: +59.5%Quarterly revenue exceeds €100 million for the first time Solutions30SE, the European leader in solutions for new technologies, publishes its ...
November 6, 2018, 6:00 pm
Accelerated growth in the third quarter of 2018
- Q3 revenue: +59.5%
- Quarterly revenue exceeds €100 million for the first time
Solutions 30 SE, the European leader in solutions for new technologies, publishes its revenue for the third quarter of 2018.
|In millions of euros|
|9 months||3rd quarter|
|2018||2017||% change||2018||2017||% change|
Accelerated growth in the third quarter: +59.3%
With €114.5 million in revenue in the third quarter of 2018, Solutions 30 has hit the symbolic milestone of €100 million in quarterly revenue for the first time. The group’s rate of growth has reached +59.5% (+17.6% like-for-like), based on comparisons with 2017.
In France, Q3 2018 revenue was €69.7 million, up +53.0% (+21.2% like-for-like). All of the group’s business units fueled this organic momentum, which was only reinforced by fully consolidating CPCP as of August 1st.
Revenue from international operations rose to €44.8 million, an increase of +70.9% (+11.4% like-for-like). This performance was mainly fostered by the strategic acquisitions made in Benelux in 2018, namely the full consolidation of Janssens Field Services (JFS) and Unit-T, which is 70% owned by Solutions 30 and 30% owned by the Belgian cable operator Telenet. This subsidiary is in the process of being integrated and will reach its nominal level in November.
Revenue for the first three quarters amounted to €291.1 million, an increase of 54.0%. Solutions 30 has a good balance of domestic (+54.1%) and international (53.8%) growth as well as organic growth (+29.8%) and acquisitions (+24.2%).
Outlook for profitable, sustainable growth confirmed
Momentum from the third quarter is carrying over into the fourth thus bolstering the group in its capability to achieve its annual goals of sustainable and profitable growth.
In the long term, the group will continue to benefit from structurally fast growing markets and to deploy its profitable model throughout Europe in order to capitalize on growth opportunities provided by the economy’s digital transformation. Pursuing targeted acquisitions is part of the group’s strategy to reach its medium-term goal of exceeding a billion euros in revenue.
During the Extraordinary General Meeting held on October 31st, the shareholders of Solutions 30 approved a resolution to divide the nominal value of Solutions 30 shares by four. After this operation which aims to increase the shares’ accessibility and liquidity, the company’s capital will consist of 96,719,248 shares worth a nominal value of 0.1275 €.
As described in the press release dated October 31st, the delisting of the old shares (ISIN Code: FR0013188844) and the listing of the new shares (ISIN Code: FR0013379484) will take place on November 7th. The new shares will be delivered on November 9th.
In addition, and as stated in the press release dated September 24th, the Executive Board will proceed on November 9th to grant to 14 Executives of Solutions 30, 7,338,144 stock options, which can be immediately exercised, leading to the issuance of the same number of shares. The company’s capital will the consist of 104,057,392 shares.
January 28, 2019 2018 Annual Sales
April 24, 2019 2018 Annual Results
April 25, 2019 2:30 pm: Investor Meeting (in French)
5 pm: Investor Conference Call (in English)
(*) Published after market closes at 6 pm
About Solutions 30
The Solutions 30 Group is the European leader in solutions for new technologies. Its mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike. Yesterday, it was computers and the Internet. Today, it’s digital technology. Tomorrow, it will be technologies that make the world even more interconnected in real time. With more than 10 million call-outs carried out since it was founded and a network of more than 6,000 local technicians, Solutions 30 currently covers all of France, Italy, Germany, the Netherlands, Belgium, Luxembourg, and Spain. The share capital of Solutions 30 SE consists of 24,179,812shares, equal to the number of theoretical votes that can be exercised.
Solutions 30 SE is listed on Euronext Growth (ISIN FR0013188844 becoming FR0013379484 on November 7th- code ALS30) as well as the Frankfurt Stock Exchange on the XETRA e-listing system (ISIN FR0013188844 becoming FR0013379484 on November 7th – code 30L2)
Indexes: MSCI Europe Small Cap | Tech40 | CAC PME.
For more information, visit our website: www.solutions30.com
Contacts - Solutions 30
|SOLUTIONS 30||EDIFICE COMMUNICATION|
|Nezha Calligaro | CEO PA||Samuel Beaupain | Media Relations|
|+352 2 648 19 17 | email@example.com||06 88 48 48 02 | firstname.lastname@example.org|
|Hervé Guyot | Listing Sponsor||Nathalie Boumendil | Investor Relations|
|01 45 63 68 60 | email@example.com||06 85 82 41 95 | firstname.lastname@example.org|
Source(s) : SOLUTIONS 30
Sharp growth in revenue and profit during the first half of 2019 Revenue: €317.9million, up 80%Adjusted EBITDA(1): up 79% to €29.1million, 9.2% of revenueGroup share of net income: up 70% to €14.6million, 4.6% of revenue Strong ...
79.8% revenue growth in the firsthalf of 2019 France: revenue up 74.4%Other countries: revenue up 90.3%Reliable, cash-generating model Solutions30SE, the European leader in solutions for new technologies, today disclosed its revenue for ...