Q3 revenues up 6.5% at constant scope and exchange rates

Micropole, an international consulting and innovative technology group specializing in Digital Experience, Data Intelligence & Performance and Data Governance & Architecture, announces that it generated revenues of €25 million at the end ofQ3 2018, compared to €24.1 million recorded over the same period in 2017*, an increase of 3.8%. Cumulatively for the full year 2018, revenues amounted to €79.5 million compared to €79.7 million achieved over the same period in 2017*. This figure, in line with the Group's forecasts, was impacted by business disposals and divestments in 2017, including in particular the sale of its stake in the Belgian company WeQan, the sale of the Toulouse business, which represented €2 million in full-year revenues, and the discontinuation of the Aix-en-Provence business.

Over the quarter, at constant scope of consolidation and exchange rates, sales rose by 6.5%. Also on a like-for-like basis, growth in the Europe zone (excluding Micropole Institut) was 7.0%, thus marking a sustained increase in business despite continued pressure on resources.

In light of current activity, growth is expected to continue over the end of 2018, notably under the effect of the profound transformations initiated in France over the last few months and the ongoing work carried out on the various operational levers in all of the Micropole Group's areas of operation. 

In addition, Micropole reiterates its objectives communicated in the TARGET 21 strategic plan, namely a positioning focused on added value with revenues of €160 million and a current operating income of over 8% by 2021.

(*) Figures restated for IFRS 15 which came into effect on January 1, 2018. Published 2017 revenues of €25.1M for the quarter, and €83.2M for the full year 2017.



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