PRODWARE : Cumulative 9-months revenue 2014 to 125.1 M€: a 4.5% increase

Communiqué de presse

Paris, November 12th, 2014, 5.45 pm

• Own software vendor activities: + 15.4%

• Saas: + 56.3%

(*) On a like-for-like basis: adjusted for the divestment or termination of non-strategic activities

during the preceding the year.

At September 30th, 2014, Prodware achieved a cumulative revenue of €M 125.1 against €M 125.0 compared to the same period last year. On a like-for-like basis, over the same period, the revenue grew by 4.5 %.
Over Q3 2014, the growth was accelerated, with a consolidated revenue of
€M 34.5, against €M 32.3 in 2013. On a like-for-like basis, the growth amounted to 9.7% compared to
Q3 2013.

In accordance with the Group's strategy, the high value-added own software vendor activity, continued its development and displayed, over 9 months, a 15.4% sales increase, to account for 34.8% of the global revenue, against 30.2 per cent in September 30, 2013. This performance has become more marked over Q3 2014, with an increase of 28% on a like-for-like basis.
In parallel, the SaaS sales (subscription), a highly recurring and in the end high value-added bringing activity, were sharply increased by 56.3% over 9 months to reach 7.7% of the global activity against
5.1 % over the first 9 months of the year 2013. During Q3, the growth amounted to 44.5 %, confirming
an underlying trend in a sensitive economic environment that encourages companies to reduce their investments to promote the rental and subscription model, more favorable in terms of cash.
As regards the geographical breakdown, the growth was driven by the increase of the activity in Great Britain, Spain and Israel. The Benelux appeared to have overcome its inflection point while Germany kept developing its product mix. The area outside France had a revenue of €M 60.8 over the first 9 months, which represents an increase of 1.0% on a like-for-like basis.
And as for the French-speaking area, it achieved a revenue of €M 64.3, which represents an increase
of 8.1% on a like-for-like basis.

PRODWARE

Sandra Chokron

Responsable juridique corporate

T : 0979 999 005 investisseurs@prodware.fr

PRESSE

Gilles Broquelet

CAP VALUE

T : 01 80 81 50 01 gbroquelet@capvalue.fr

ALTERNEXT

ISIN FR0010313486 - ALPRO - FTSE 972 Services informatiques

Prodware est éligible FCPI - Entreprise responsable, Prodware est adhérent du Global Compact.

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Communiqué de presse

Paris, November 12th, 2014, 5.45 pm

In a particularly wait-and-see market context, Prodware pursues its strategy of evolving its product mix while focusing on the most profitable market segments.
As from November 17th, 2014 on, Prodware will be part of the 150 values of the new "Enternext PEA- SME 150" index, dedicated to companies eligible for PEA-PME.
Upcoming release: 2014 Revenue: February 12, 2015

About Prodware - The Prodware Group (www.prodware-group.com) was founded in 1989, is an international software vendor, integrator and hoster of IT solutions for companies.

Microsoft's largest partner in the EMEA zone the Group has nearly 1,450 employees who support 20,000 clients in 15 countries.

The Group benefits from a technologically powerful R&D structure, a unique expertise in industrializing best practices and first class strategic alliances. Its ambition is to sell its Prodware Adjust offering worldwide.

As a good corporate citizen, it supports its clients' sustainable development through its GreenITude services

(www.greenitude.fr). It is one of the Gaia Index's leading companies.

The company is OSEO certified and it is FCPI and ISR Investment eligible.

PRODWARE

Sandra Chokron

Responsable juridique corporate

T : 0979 999 005 investisseurs@prodware.fr

PRESSE

Gilles Broquelet

CAP VALUE

T : 01 80 81 50 01 gbroquelet@capvalue.fr

ALTERNEXT

ISIN FR0010313486 - ALPRO - FTSE 972 Services informatiques

Prodware est éligible FCPI - Entreprise responsable, Prodware est adhérent du Global Compact.

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