Turnover Q3 2016: +17.9%

AUSY Group reported turnover of €110.7 million in Q3 of 2016, a rise of 17.9%. The increase was 2.6% on a like-for-like basis.

Over the first nine months of the financial year, the Group's turnover grew 20.4% to €343.3 million (+5.9% organic).

Turnover generated in France in the third quarter totalled €56.7 million, a slight decline of 1.5%. Restated for a negative calendar effect (1 fewer working day), business for the period was stable.

Cumulative turnover for the first nine months amounted to €183.3 million, up 1.8% compared with 3.6% in 2015. This growth, totally organic, should be weighed against a basis of comparison that became very challenging after 8 consecutive quarters of growth.

In the international marketplace, turnover for the third quarter totalled €53.9 million, a rise of 48.5%. This growth benefited from the integration of Celerity in the United States, which contributed €14.3 million to turnover for the quarter.

The quarter's growth was also driven by good sales performance in Belgium and Luxembourg (+6.9% to €14.8 million) and Germany (+10% to €24 million). AUSY reported organic growth of 9.1% in the third quarter, boosted by strong progress in its historic markets.

Over the nine-month period, international turnover increased 52.4% to €160 million (+13% on a like-for-like basis), representing 47% of the Group's business, compared with 37% over the same period in 2015.

As part of the planned cash tender offer initiated by Randstad France (a subsidiary of Randstad Holding nv) to purchase all Ausy securities, the highlights of October were the lifting of all conditions precedent and the filing of the draft offer document subject to review by the AMF.

AUSY (ISIN code: FR0000072621, mnemonic code: OSI) is one of France's leading Advanced Technology Consultancies. Its offering is based on two areas of specialisation: Information System's management and organization, as well as Engineering Services and Industrial Systems. The company holds the "Tech 40" label awarded to emblematic high-tech companies listed on Euronext markets. On 29 December 2015, AUSY shares were admitted to the Long-Only Deferred Settlement Service. As of 29 January 2016, AUSY is listed on compartment B of Euronext Paris.

See the company website for more information: www.ausy.com.

2016 Full Year Turnover will be published February 9th 2017 before trading hours