SOLUTIONS 30 : Revenues of the first nine months 2014

Increase in sales up to 81,4 million Euro (+22,6% compared to the same period 2013)Increase of almost 60% of sales generated outside FranceConfirmation of the forecast for 2014

 

 

Solutions 30 SE publishes today its revenues for the first nine months of 2014.

 

 

In mio. Euro

  

2014 

2013 

Change First quarter 27,5 19,6 +40,0% Second quarter 26,7 23,4 +14,1% Third quarter 27,2 23,4 +16,2%  

First nine months

  

81,4 

66,4 

+22,6% France 58,1 51,7 +12,4% International 23,3 14,7 +58,5%

 

 

I - Comments on financial figures

 

In the first nine months of 2014, the consolidated sales of Solutions 30 increased to 81,4 million Euro, up 22,6 percent compared to the same period in 2013. In the third quarter, sales increased by 16,2% (compared to the third quarter 2013) to 27,2 million Euro. Half of the growth has been organic, based mainly on investments in the infrastructure of broadband-internet connections. The other half of the growth has been anorganic, based mainly on two acquisitions made in Germany by the end of 2013 respectively in the beginning of 2014.

 

International business grew strongly in absolute terms (increase by 58,5% compared to the same period in the previous year up to 23,3 million Euro) as well as in percent (the share of the international business in the total sales increased from 22,1 percent in the first nine months of 2013 to 28,6% in the first nine months of 2014). In the third quarter of 2014, the international business had a stake of 30,5% of the total sales.

 

 

 

II - Recent developments

 

In the last weeks, Solutions 30 has strengthened its market position in the European Home-Automation sector due to a contract with the Google Subsidiary Nest. In addition, the group will take care of the maintenance of Phillips tv-sets in France, starting November 1st 2014. Finally, Solutions 30 has won additional contracts regarding PC maintenance and the implementation of tablet computers in the French banking sector.

 

On the level of the supervisory board, Mr. Alexaner Sator has been nominated as additional baord member. The German entrepreneur is very active in the telecommunications industry. He was strategic advisor for Deutsche Telekom. Furthermore, he is managing the funds of a Family Office.

From now on, Mr. Sator will support Solutions 30 with his extensive know-how regarding the German market, where the company is aiming to establish a strong market position by implementing its existing business model.

 

III - Outlook

 

For the fiscal year 2014, Solutions 30 confirms its outlook of a two-digit growth on sales level with improved profitability compared to the previous business year.

 

 

Important Events

 

November 26th 2014 : Company Presentation at the Equity Forum of Deutsche Börse

End of January 2015 : Publication of net sales 2014

Mid April 2015 : Annual Report 2014

pr sol 30


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Source: SOLUTIONS 30 via Globenewswire
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