Strong growth in Q3 revenues €28.2 million (+12.8%)

Micropole Group: strong growth in Q3 revenues €28.2m (+12.8%)

In M€
Unaudited consolidated data
Q1 revenues29,027,55,5%
Q2 revenues28,427,05,2%
Q3 revenues28,225,012,8%
Revenues for 9 months85,679,57,7%

Micropole, an international consulting and innovative technology group specializing in Digital Experience, Data Intelligence and Data Governance, announced that it had achieved revenues of €28.2 million at the end ofQ3 2019, compared with €25.0 million recorded over the same period in 2018, representing organic growth of 12.8%. On a constant working day basis (1 more working day between Q3 2018 and Q3 2019), the increase for the quarter was 11.2%. Cumulatively for the full year 2019, revenues for the first nine months amounted to €85.6 million, compared with €79.5 million for the same period in 2018, representing growth of 7.7%.

Over the quarter, on a like-for-like basis, revenues increased by 12.1%. According to the same criteria, growth in the Europe zone (excluding Micropole Institute & China) was 13.3%, marking a sustained increase in activities that continue to benefit from the Group's positioning, perfectly in line with its clients' demands.

Given the current sales momentum, the Group's growth is expected to continue in late 2019, amplified on the one hand by the initial effects of the actions carried out as part of its HR and Employer Brand policy, in particular on talent retention, and on the other hand by the ramp-up of projects carried out around its Cloud offerings. 

Micropole is therefore reaffirming its growth ambitions within the framework of the TARGET 21 plan, with in particular the increase in its profitability remaining the major objective.



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