Half-year revenues: €57.4 million (+5.3%)
| In m€Consolidated figures unaudited | 2019 | 2018 | Variation |
| Q2 revenues | 28,4 | 27,0 | + 5,3% |
Levallois-Perret, July 25, 2019. Micropole, an international consulting and innovative technology group specializing in Digital Experience, Data Intelligence & Performance and Data Governance & Architecture, reported revenues of €57.4m for the first half of 2019, up 5.3% compared to the €54.5m recorded for the same period in 2018. On a like-for-like basis, revenues were up 4.6%. On a constant working day basis, the increase over the half-year was 6% on a reported basis (1 less working day between H1 2019 and H1 2018).
In the second quarter, revenues amounted to €28.4m, compared with €27m generated in the same period in 2018 (+5.3%). On a like-for-like basis, revenue growth reached 4.4%.
Overall activity in the Europe zone (excluding China and Micropole Learning Solutions) was buoyant with an increase of 6.5% over the half-year.
In France, revenues grew by 5.8% over the period, supported by the steady increase in ARR, but held back by a lower activity rate at the beginning of the year.
Business in Switzerland and Belgium was dynamic, with overall growth of 11% (excluding currency effects), with a particularly good performance in Belgium (+19%).
In line with expectations and in line with the forecasts of the TARGET 21 strategic plan unveiled in September 2018, this positive development confirms the good direction of the business. Micropole has continued its development focused on innovation and added value, in particular with the launch of several new offerings around the cloud (created around the solutions of its partners AWS, Microsoft Azure, Salesforce and Alibaba Cloud) and security. These include the Go Cloud & Security offering, which is perfectly complementary to the Group's existing data activities, and is a response to the data protection and cyber-attack prevention needs of the Group's customers.
In a market that is still very tight in terms of resources, Micropole has intensified its policy of recruiting and retaining talent since the beginning of the year through targeted HR actions. These efforts have resulted in a net increase of 8% in Group FTEs over the quarter.
In terms of outlook, Micropole is maintaining its growth forecasts and an improvement in its ROC for fiscal 2019.
