04.11.2015 17:35:41

ASSYSTEM : Revenue for the period ended 30 September 2015

Revenue for the period ended 30 September 2015

Paris, 4 November 2015, 5.35 p.m. CET - Today, Assystem S.A. (ISIN code: FR0000074148 - ASY), a leading engineering and innovation consultancy firm, released its consolidated revenue figures for the first nine months of 2015 and the third quarter of the year.

Nine-month and third-quarter 2015 consolidated revenue
and year-on-year changes (unaudited)

In millions of euros 2014 2015 Reported change Organic change*
excluding staffing
Organic change*
First nine months 646.1 666.1 +3.1% +3.3% +0.8%
France 395.4 405.7 +2.6% +2.6% +2.6%
International 250.7 260.4 +3.9% +4.7% -1.9%
        
Energy & Infrastructure 265.3 275.3 +3.8% +4.5% -1.7%
Global Product Solutions 380.8 390.8 +2.6% +2.6% +2.6%

Third quarter 207.4 218.8 +5.5% +6.0% +3.1%
France 124.0 130.6 +5.3% +5.3% +5.3%
International 83.4 88.2 +5.9% +7.2% +0.1%
        
Energy & Infrastructure 83.2 89.9 +8.1% +10.0% +2.2%
Global Product Solutions 124.2 129.0 +3.8% +3.8% +3.8%
           

* Based on a comparable Group structure (i.e. including Radicon for the same periods of 2014) and at current exchange rates.

Consolidated revenue rose by 3.1% in the first nine months of 2015, with organic growth coming in at 3.3% excluding the impact of a decrease in staffing activities.

Third-quarter revenue posted by the Energy & Infrastructure division rose sharply, with the nuclear business returning to a solid pace of growth as expected.

Revenue generated by the Global Product Solutions division in the third quarter of 2015 was once again fuelled by strong momentum in the automotive sector. In the aerospace business, revenue stabilised (excluding the impact of a decline in LAK[1] activities), and was up significantly in France.

WORKFORCE AND BILLING RATE

The Group had 11,432 employees at 30 September 2015, representing a net increase of 196 people compared with the beginning of the year based on a constant Group structure. The operational billing rate for the first nine months of 2015 came to 90.3%, virtually unchanged from the 90.4% reported for the same period of 2014.

OUTLOOK FOR FULL-YEAR 2015

Assystem is standing by its objectives for full-year 2015, namely:

  • to achieve reported year-on-year revenue growth of between 3% and 4%; and
  • to increase its operating margin compared with the 6% recorded in 2014.

FINANCIAL CALENDAR

  • 11 February 2016: Revenue for the year ended 31 December 2015
  • 9 March 2016: Results for the year ended 31 December 2015

Assystem is an international Engineering and Innovation Consultancy. As a key participant in the industry for 50 years, Assystem supports its clients in developing their products and managing their capital expenditure throughout the product life cycle. Assystem employs              11,432 people worldwide and generates annual revenue of close to €900 million. Assystem S.A. is listed on Euronext Paris.
For more information please visit www.assystem.com
Follow Assystem on Twitter: @Assystem

CONTACTS

Philippe Chevallier
Deputy Chief Executive Officer & Chief Financial Officer
Tel.: +33 (0)1 55 65 03 10
Nicolas Castex
Citigate Dewe Rogerson
Tel.: +33 (0)1 53 32 78 88
nicolas.castex@citigate.fr
Pauline Bucaille
Vice-President, Corporate Communications and Investor Relations
Tel.: +33 (0)1 55 65 03 08 - pbucaille@assystem.com
 



[1] Leiharbeitskraft activities correspond to the secondment of engineers to a client facility in Northern Germany.




This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX 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: ASSYSTEM via Globenewswire

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