Micropole, an international consulting and innovative technology group specializing in Data, Cloud & Digital, reported revenues of €33.5 million for the first quarter of 2022, up 11.8% compared to the €29.9 million reported for the same period in 2021. On a like-for-like basis, revenues were up 10.5%. Revenues for the first quarter of 2021 were still affected by the health crisis, resulting in a favorable base effect. This trend in revenues for the first quarter of 2022 confirms a return to sustained growth.
Sustained growth
Activity in the Benelux continues to make a significant contribution to the Group's momentum with a very good performance (+22.5%), driven by the success of the Cloud offerings and by activity in Luxembourg following the acquisition of Tomorrow Services in mid-March 2021. Organic growth amounted to 10.7%.
Business in Switzerland also showed strong growth of 24.3% (18% adjusted for currency effects).
In France, revenues grew organically by 7.5%, with very strong momentum in data and cyber security and more moderate growth in digital and in the Regions.
The Group's strategy of increasing added value was confirmed with a further increase in its ARPU in the quarter (+1.6%). The activity rate is not yet optimal this quarter, despite a notable tension on resources with a resumption of turnover and recurrent recruitment difficulties.
Business outlook
The Group has not yet observed any direct effect of the Ukrainian crisis on its activity, but remains very attentive to the potential consequences of this event on the international economy.
In this uncertain period, Micropole is maintaining its medium-term ambitions, particularly in terms of profitability, and remains confident about the future development of the markets in which the Group is positioned.
The next financial meeting will take place on Thursday July 28, 2022 for the publication of Q2 2022 revenues
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ABOUT MICROPOLE GROUP | www.micropole.com
An international consulting and technology group, MICROPOLE is specialized in the fields of Data, Cloud and Digital. From its 14 agencies located in Europe and China, the 1200 #INNOVATIVE PEOPLE of the Group (consultants, data scientists, IT architects, business experts, engineers, UX designers...) support their clients all over the world in all phases of their projects, from consulting to implementation, and in change management. MICROPOLE generates 35% of its revenues internationally and is listed on the Eurolist compartment C of Euronext Paris, Next Economy segment.
PRESS CONTACTS
Micropole | Laura Cocusse | External Communications & Marketing Manager | 01 74 18 74 93 | lcocusse@micropole.com
Micropole | Nicolas Rebours | Investor Relations | 01 74 18 74 70 | nrebours@micropole.com
Agence Profile! | Leslie Boutin | 01 56 26 72 00 | lboutin@agence-profile.com
