SOLUTIONS 30 : +53.1% growth in turnover in 2016
(Thomson Reuters ONE) -
* +67.6% growth in turnover in fourth-quarter 2016
* Robust double-digit profitable growth set to continue in 2017
SOLUTIONS 30, Europe's leading provider of solutions for New Technologies, today
announced its unaudited turnover for Q4 and full-year 2016.
---------------------- ------------------------- --------------------------
In millions of euro Q4 12 months
(Unaudited figures)
2016 2015 Chg % 2016 2015 Chg %
---------------------- ------------------------- --------------------------
Total 57.0 34.0 +67.6% 191.7 125.2 +53.1%
O/w France 38.5 23.6 + 63.1% 133.4 88.5 +50.7%
O/w International 18.5 10.4 +77.9% 58.3 36.7 +58.9%
---------------------- ------------------------- --------------------------
Growth fuelled by fibre and smart meter contracts
Solutions 30's consolidated turnover in fourth-quarter 2016 surged 67.6% to
?57.0 million compared with the same period in 2015. Full-year 2016 turnover
rose 53.1% to ?191.7 million, with approximately 66% accounted for by organic
growth.
Growth in France was fuelled by the roll-out of contracts signed in 2015 related
to high-speed Internet infrastructures and installation of linky smart meters.
These are five-year contracts that will be fully operational in 2017
The international market now accounts for 32.5% of Solutions 30's total business
(Q4) Turnover rose 58.9% on the back of the consolidation of Spanish companies
Rexion (in November 2015) and Autronic (in March 2016), Belgian-based JFS (in
May 2016) and the German ABM (in November 2016).
Solid business performance
In France, SOLUTIONS 30 won an initial contract for the roll-out of 6% of the
first tranche of 5.2 million gas meters.
Recent acquisitions in the international market brings the group to critical
mass in all its markets. It now has solid bases for growth, clearly demonstrated
by its recent wins:
* In Belgium, Proximus (ex-Belgacom) announced a ?3 billion investment over
10 years to accelerate the deployment of fibre-optic. JFS is one of the
companies selected to work on the project, illustrating the value of
SOLUTIONS 30's external growth strategy.
* Following a tender in Italy for the installation of a tranche of 1.8 million
meters, Italgas (ex-ENI) selected SOLUTIONS 30 for 16% of this phase,
starting next March.
2017: sustained double-digit profitable growth
SOLUTIONS 30 reached a new milestone in 2016 as it continued to consolidate and
increase its European leadership position.
SOLUTIONS 30 will continue its profitable growth strategy in 2017 with further
double-digit gains.
Financial calendar: key dates
26 April, 2017: publication of 2016 annual results and Q1 2017 turnover
25 July 2017 Q2 2017 turnover
26 September 2017 First-half 2017 results
8 November 2017 Q3 2017 turnover
23 January 2018 2017 turnover
This schedule is given as an indication only and is subject to change.
Results will be announced after the close of the Alternext and XETRA markets at
20:00 CET.
About SOLUTIONS 30
The SOLUTIONS 30 group (ex PC30) is Europe's leading provider of solutions for
New Technologies. Its mission is to make the technological changes that
transform our daily lives accessible to everyone, individuals and businesses
alike: yesterday, computers and the Internet; today, digital; tomorrow, the
technologies that will make the world ever more connected in real time. Since
its founding, the Group has handled more than 10 million calls and created a
network of 3,000 regional technicians. SOLUTIONS 30 currently covers the whole
of France, Italy, Germany, the Netherlands, Belgium and Spain.
The total number of SOLUTIONS 30 S.E. shares is 20,440,516, with an identical
number of theoretical and exercisable voting rights.
SOLUTIONS 30 is listed on the Alternext market - ISIN FR0010263335 - code ALS30,
eligible for the PEA-PME share savings plan, and on the Frankfurt stock exchange
on the XETRA electronic system (ISIN FR0010263335 - code EO2)
For more information, go to www.solutions30.com
PR SOL30:
https://hugin.info/143517/R/2073002/779145.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: SOLUTIONS 30 via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.01.2017 - 22:47 Uhr
Sprache: Deutsch
News-ID 519374
Anzahl Zeichen: 5444
contact information:
Town:
Luxembourg
Kategorie:
Business News
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