2021 third quarter turnover
€77.5 m | +13%, of which 7.9% organic growth
Paris, 21 October 2021 - Groupe Open (ISIN: FR 0004050300; NextEconomy segment - 972, computer services), the Digital Services Company has published its turnover for the third quarter of 2021.
In € millions | 2021 | 2020 | Growth | |
1st quarter | 83.2 | 78.5 | +6.1% | |
2nd quarter | 83.4 | 69.4 | +20.2% | |
3rd quarter | 77.5 | 68.6 | +13.0% | |
TOTAL | 244.2 | 216.5 | 12.8% | |
In € millions | 2021 | 2020 | Growth | |
3rd quarter | France | 75.9 | 67.1 | +13.2% |
International | 1.7 | 1.6 | +5.3% | |
Total | 77.5 | 68.6 | +13.0% | |
TOTAL | France | 239.3 | 211.6 | +13.1% |
International | 4.9 | 4.9 | -0.7% | |
9-month | 244.2 | 216.5 | +12.8% | |
aggregate | ||||
Like in the two preceding quarters, Groupe Open grew its turnover during this new period by 13%, of which 7.9% was organic, to €77.6 million.
In the course of the first nine months of 2021, growth totalled 12.8% (7.5% of organic growth), for a turnover of €244,2 million.
This growth can be explained by a favourable alignment of all the business indicators, such as the average daily rate, the occupancy rate and the internal consultant and engineers headcount rate, which returned to a positive net balance during this quarter : 3,315 at the end of September 2021 compared with 3,280 at the end of December 2020.
Outlook
Groupe Open confirms its growth forecasts of turnover and ordinary operating profit in 2021, compared with 2019.
The 2021 annual turnover will be announced by press release on
Thursday 20 January 2022 after close of business.
Press release - 2021 third quarter turnover - Groupe Open
(*) Note: Definitions of alternative performance indicators (not defined by IFRS standards)
Groupe Open uses the following financial indicator, which is not defined by IFRS standards: Organic growth
This indicator - organic growth - is calculated as follows:
- This indicator measures the change in net turnover in relation to the same period in the previous year, excluding
the impact of exchange rates and excluding changes of scope.
- The impact of exchange rates is obtained by applying exchange rates from the previous year to current-year sales and calculating the difference in relation to current-year sales.
- The impact of scope consists of:
- Current-yearsales achieved by entities that were not within the scope of consolidation for the same period of the previous year, and up until the anniversary date of their integration,
- The reduction in sales revenues due to selling business operations, which are not within the scope of consolidation for the current year but included within sales revenues for the same period of the previous year, and up until the anniversary date of their disposal.
Of which, | Of which, | Of which, | ||||
Aggregate | 09/2021 | 09/2020 | % variation | impact of | impact of | organic |
exchange rates | scope | growth | ||||
Net turnover | 244.2 | 216.5 | +12.8% | 0% | 5,3% | +7.5% |
Nathalie Mrejen - Communication Tel: +33 (0)1 71 06 31 28nathalie.mrejen@open-groupe.com
With 3,700 employees and a turnover of €296m in 2020, Groupe Open is positioning itself as a trustworthy partner of the major French public and private companies undertaking their IT and digital transformation, working mostly in France and abroad, in Luxembourg and Romania.
Its mission is to advise its customers along their transformation path, to design, produce and operate agile, resilient and secure information systems, and to provide innovative software solutions in Saas mode, based on its three activities: Digital Consulting, Digital & IT Services, Digital Solutions.
Groupe Open sets its main purpose in a forward-looking approach: "To turn digital technology into a vector of transformation for a
human and environmental value-friendly world", in accordance with its corporate values: Agility, Responsibility, Commitment.
To learn more about the Groupe Open:www.open.global
Media Relations AgencyWellcom- Mélanie Decomps -melanie.decomps@wellcom.fr
Press release - 2021 third quarter turnover - Groupe Open
Attachments
- Original document
- Permalink
Disclaimer
Groupe Open SA published this content on 21 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 October 2021 16:23:02 UTC.