Sopra Group (Paris:SOP):
-0-
*T
Growth (%) Growth (%)
Q4 12 M
in MEUR 2006 Total Organic 2006 Total Organic
-------------------------- ------ ------ ------- ------ ------ -------
Consulting 11.3 +4.6% +4.6% 41.0 -0.7% -0.7%
SSI(1) France 149.7 +11.5% +11.5% 535.7 +6.1% +6.1%
SSI Europe 53.6 +20.7% +12.4% 204.1 +62.6% +12.8%
Axway 34.9 +26.0% +10.4% 116.9 +36.7% +16.2%
========================== ====== ====== ======= ====== ====== =======
Total Group 249.5 +14.9% +11.2% 897.7 +18.6% +8.5%
*T
Sopra Group achieved an excellent performance in 2006.
Consolidated revenue for 2006 rose +18.6% to EUR897.7 million,
including an organicgrowth(2) component of +8.5%, which is better than
the market average.
Revenue rose +14.9% in the fourth quarter of the year, including
an organic growth component of +11.2%, beating the forecast and
reflecting the strong momentum at all Group entities. SSI France's
activities are now achieving strong growth levels again.
Sopra Group has confirmed its forecast for a 2006 operating margin
of more than 8%.
Information by division
Consulting (Orga Consultants): The return to growth in the third
and fourth quarters reflects the Group's reactivity to recrutement
difficulties in the first half of the year. This activity does not
include the achievements of the Business Consulting team, which is
currently included under SSI France.
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*T
12 M
Q1 Q2 Q3 Q4 2006
---------------------------------------- ----- ------ ---- ----- -----
Revenue 2006 (MEUR ) 11.0 10.4 8.3 11.3 41.0
Revenue 2005 (MEUR ) 10.9 11.6 8.0 10.8 41.3
Total growth (%) 0.9% -10.3% 3.8% 4.6% -0.7%
Organic growth (%) 0.9% -10.3% 3.8% 4.6% -0.7%
*T
Systems and Solutions Integration France: Robust growth levels
(+11.5%) were achieved in the fourth quarter. The best performing
vertical markets were Financial Services, Public Sector and
Manufacturing.
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*T
12 M
Q1 Q2 Q3 Q4 2006
----------------------------------- ------ ------ ------ ------ ------
Revenue 2006 (MEUR ) 136.4 130.5 119.1 149.7 535.7
Revenue 2005 (MEUR ) 123.3 132.0 115.1 134.3 504.7
Total growth (%) 10.6% -1.1% 3.5% 11.5% 6.1%
Organic growth (%) 10.6% -1.1% 3.5% 11.5% 6.1%
*T
Systems and Solutions Integration Europe: As indicated previously,
strong organic growth (+12.8%) was achieved mainly thanks to the
United Kingdom (+14.7%) and Spain (+15.1%). The organic growth of the
other European subsidiaries was in line with expectations, notably in
Italy (+30.8%) and Switzerland (+10.3%).
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*T
12 M
Q1 Q2 Q3 Q4 2006
------------------------------------- ------ ------ ----- ----- ------
Revenue 2006 (MEUR ) 50.1 51.4 49.0 53.6 204.1
Revenue 2005 (MEUR ) 21.1 22.7 37.3 44.4 125.5
Total growth (%) 137.4% 126.4% 31.4% 20.7% 62.6%
Organic growth (%) 19.0% 12.7% 7.5% 12.4% 12.8%
*T
Axway: The fourth quarter crowns an excellent year with organic
growth of +16.2%, reflecting strong business growth in France and the
United States and the successful integration of Cyclone Commerce. The
acquisition of the B2B business of Atos Origin in Germany, which is
currently underway (as communicated on 7 December 2006) should
strengthen Axway's positioning in Europe.
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*T
12 M
Q1 Q2 Q3 Q4 2006
--------------------------------------- ----- ----- ----- ----- ------
Revenue 2006 (MEUR ) 25.9 27.3 28.8 34.9 116.9
Revenue 2005 (MEUR ) 18.6 20.3 18.9 27.7 85.5
Total growth (%) 39.2% 34.5% 52.4% 26.0% 36.7%
Organic growth (%) 16.1% 13.3% 27.4% 10.4% 16.2%
*T
Changes in the scope of consolidation
As indicated previously:
-- Newell & Budge (United Kingdom) has been consolidated since 1
July 2005.
-- PROFit Informatica (Spain) has been consolidated since 1
November 2005.
-- Cyclone Commerce (United States) has been consolidated since 1
January 2006.
The acquisition of the B2B business of Atos Origin in Germany is
currently being finalised.
Upcoming events
Publication of 2006 full-year results: Monday, 26 February 2007,
following the market close. An information meeting will be held on 27
February 2007 at 11:30 am at the Hotel Meurice.
About Sopra Group (www.sopragroup.com)
A leader in the European consulting and IT services market, with a
total workforce of 10,000, Sopra Group provides the full spectrum of
services enabling companies to transform their organisations and their
information systems. Sopra Group is a total solution provider, from
prior strategic reflection from an executive management perspective,
through to the supervision and implementation of major systems
integration and application outsourcing projects. Through its
subsidiary Axway, the Group pursues the worldwide deployment of its
activities in both application integration and collaborative business
solutions, with a complete range of solutions and services.
Appendices
-- Group revenue by quarter
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*T
12 M
Q1 Q2 Q3 Q4 2006
----------------------------------- ------ ------ ------ ------ ------
Revenue 2006 (MEUR ) 223.4 219.6 205.2 249.5 897.7
Revenue 2005 (MEUR ) 173.9 186.6 179.3 217.2 757.0
Total growth (%) 28.5% 17.7% 14.4% 14.9% 18.6%
Organic growth (%) 12.5% 3.0% 7.3% 11.2% 8.5%
*T
-- Revenue breakdown by division
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*T
Revenue
2006
(%)
-------------------------------------------------------------- -------
Consulting 5.5%
SSI France 66.6%
SSI Europe 16.6%
Axway 11.3%
-------
100.0%
*T
-- Breakdown and movements of Group employees (excluding external
staff)
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*T
31/12 2006
----------------------------------------------------------------------
Staff - France 6,550
Staff - International 2,550
-----------
Total 9,100
Staff at year end 2005 7,500
Integration of acquired companies 1,200
Net recruits 400
-----------
Total 9,100
*T
(1) SSI: Systems and Solutions Integration.
(2) At constant exchange rates and consolidation scope.
