High Third-quarter Turnover Growth: €28.2 M (+12.8%)

Micropole Group : High third-quarter turnover growth: €28.2 M (+12.8%)

In M€
Non-audited consolidated data
1st quarter turnover29.027.55.5%
2nd quarter turnover28.427.05.2%
3rd quarter turnover28.225.012.8%
9 month turnover85.679.57.7%

Micropole, an international consulting and innovative technology group specializing in Digital Experience, Data Intelligence and Data Governance, announces that it has posted revenues of €28.2 million at the end of the third quarter 2019, as opposed to €25.0 million over the same period in 2018, representing organic growth of 12.8%. At constant working days (1 extra working day more between Q3 2018 and Q3 2019), the increase over the quarter stands at 11.2%. In cumulative terms, revenue for the first nine months of 2019 amounted to €85.6 million compared with the €79.5 million achieved over the same period in 2018, this being an increase of 7.7%.

Like-on-like, revenue for the quarter increased by 12.1%. According to the same criteria, growth in Europe (excluding Micropole Institut & China) amounted to 13.3%, reflecting the sustained growth in business activities which continue to benefit from the Group’s positioning, perfectly in line with customer demand.

Given the current commercial momentum, the Group’s growth is set to continue to the end of 2019, amplified on the one hand by the initial effects of the actions carried out within the framework of its HR and Employer Brand policy, particularly in terms of talent retention, and on the other hand by the increase in the number of projects carried out on Cloud-based offers.

Micropole therefore reaffirms its growth ambitions within the framework of the TARGET 21 plan, with particular emphasis on an increase in profitability, which remains the main objective.

Financial Calendar:

4th quarter turnover 2019: February 14th  2020