Devoteam reported revenue results for the third quarter and nine months of 2018. For the quarter, the company reported revenue of EUR 155.2 million compared to EUR 119.2 million a year ago.

For the nine months, the company reported revenue of EUR 461.7 million compared to EUR 363.0 million a year ago.

Taking into account the third quarter organic growth and despite the delay in the consolidation date of Alegri, the group revises upwards its annual revenue objective to EUR 650 million, growing almost 27% compared to 2017. The group confirmed its operating margin objective of more than 11% of 2018 revenue.