ASSYSTEM: First-half 2015 revenue
(Thomson Reuters ONE) -
First-half 2015 revenue
(Paris - 30 July 2015, 5:35 p.m.) - Assystem SA (ISIN: FR0000074148 - ASY), a
leading Innovation and Engineering Consultancy, today announced its consolidated
revenue for the six months ended 30 June 2015.
First-half 2015 consolidated revenue
and % change versus first-half 2014 (unaudited)
Reported Organic Organic
In ?m H1 2014 H1 2015 change change change*
excl. staffing*
--------------------------------------------------------------------------
Group 438.7 447.2 1.9% 2.0% -0.3%
--------------------------------------------------------------------------
France 271.3 275.1 1.4% 1.4 % 1.4%
International 167.4 172.1 2.9% 3.4% -3.0%
--------------------------------------------------------------------------
Energy & Infrastructure 182.1 185.4 1.8% 2.0% -3.5%
Global Product Solutions 256.6 261.8 2.0% 2.0% 2.0%
* At constant scope of consolidation (including Radicon in 2014 first-half) and
current exchange rates
Assystem achieved organic growth of 2% in the first half of 2015, excluding the
decrease in revenue from staffing activities. Such growth accelerated noticeably
to 3.3% in the second quarter from 0.8% in the first three months of the year.
Within the Energy & Infrastructure division, the staffing business remained on
the trend seen since the fourth quarter of 2014.
In the Nuclear segment, business was stable in relation to the prior-year period
and is expected to return to growth in the second half, despite delays in new-
build projects in particular in the United Kingdom. In the Middle East, Radicon
revenue has increased strongly as anticipated.
Growth in the Global Product Solutions division was led by the still very strong
momentum in Automotive revenue.
In Aerospace, revenue declined slightly over the period due to the pace at which
the segment''s design business is transitioning to production and supply chain
optimisation, combined with the decline in LAK[1] business. The stabilisation of
the design business and the ramp up of manufacturing-related services will have
a positive impact going forward.
Workforce and invoicing rate
Assystem had 11,248 employees at 30 June. The operational invoicing rate for the
first-half of 2015 was 90.1%.
INVESTOR CALENDAR
* 8 September 2015: First-half 2015 results released
* 4 November 2015: Third-quarter 2015 revenue released
Assystem is an international Engineering and Innovation Consultancy. As a key
participant in the industry for 50 years, Assystem supports its customers in
developing their products and managing their capital expenditure throughout the
product life cycle. Assystem employs 11,248 people worldwide and generates
annual revenue of close to ?900 million. Assystem SA is listed on Euronext
Paris.
For more information, please visit www,assystem,com
Follow Assystem on Twitter: (at)Assystem
CONTACTS
Philippe Chevallier Nicolas Castex - Agnès Villeret
Deputy Managing Director & Chief Financial Citigate Dewe Rogerson
Officer Phone: +33 (0)1 53 32 78 95
Phone: +33 (0)1 55 65 03 10 agnes.villeret(at)citigate.fr
Pauline Bucaille
Vice President, Corporate Communications and
Investor Relations
Phone: +33 (0)1 55 65 03 08 -
pbucaille(at)assystem.com
First-half 2015 revenue by quarter
In ?m Q1 2014 Q1 2015 Reported Organic Organic
change change change*
excl. staffing*
---------------------------------------------------------------------------
Group 221.6 222.3 0.3% 0.8% -1.7%
---------------------------------------------------------------------------
France 136.6 137.3 0.5% 0.5% 0.5%
International 85.0 85.0 0.1% 1.5% -5.0%
---------------------------------------------------------------------------
Energy & Infrastructure 91.9 92.4 0.5% 1.9% -4.1%
Global Product Solutions 129.7 129.9 0.2% 0.2% 0.2%
In ?m Q2 2014 Q2 2015 Reported Organic Organic
change change change*
excl. staffing*
---------------------------------------------------------------------------
Group 217.1 224.9 3.6% 3.3% 1.0%
---------------------------------------------------------------------------
France 134.7 137.8 2.3% 2.3% 2.3%
International 82.4 87.1 5.7% 5.3% -1.0%
---------------------------------------------------------------------------
Energy & Infrastructure 90.2 93.0 3.1% 2.2% -2.9%
Global Product Solutions 126.9 131.9 3.9% 3.9% 3.9%
* At constant scope of consolidation (including Radicon in the first two
quarters of 2014) and current exchange rates
--------------------------------------------------------------------------------
[1] Leiharbeitskraft activities correspond to the secondment of engineers to a
customer facility in Northern Germany
First-half 2015 revenue :
http://hugin.info/143356/R/1942605/702821.pdf
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originality of the information contained therein.
Source: ASSYSTEM via GlobeNewswire
[HUG#1942605]
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