- Significant growth in revenue (+ 14%)
- Profits up to 56%;
- Strong increase in R&D investments (16%).
The leading European private equity firm TRUFFLE CAPITAL (http://www.truffle.com) has just published the sixth edition of its Truffle 100 ranking of the top 100 European software companies. The Truffle 100 Europe has been drawn up with the support of Neelie Kroes (European Commissioner for the Digital Agenda) and in collaboration with analysts IDC (www.idc.com) and CXP Group (www.cxp.fr), who performed the survey on which the ranking is based.
"This latest edition of the Truffle 100 Europe reveals the software industry´s dynamism in a particularly difficult economic climate. The software industry is a reliable bet for innovation, economic growth and the creation of highly qualified jobs", commented Truffle Capital co-founder and CEO Bernard-Louis Roques.
Some changes in the top five: SAP is still first; Dassault Systems takes SAGE´s second position in 2010; SAGE is now third; Software AG is still 4th; and DATEV, who was 14 in 2009, is now 5th in the ranking.
In 2010, French software firms accounted for 11.2% of the total turnover in the Truffle 100 Europe (slight increase compared to 11.4% in 2009), in 3rd place behind Germany (50.3%) and the United Kingdom (18.6%).
Key figures from the Truffle 100 Europe:
- Revenue up to 14% for 2010 with €30.9 billion, compared with €27.1 billion in 2009. 89.2% of this figure was generated by the ranking´s top 25 companies (79% in 2009).
- 49 vendors posted revenues of over €100 million (47 in 2009) and 85 vendors earned over €50 million (72 in 2009). All Truffle 100 Europe companies had revenues of over €25 million.
- Profits rose from €3.7 billion in 2009 to €5.8 billion in 2010 (i.e. a strong increase).
- The number of R&D jobs rose slightly, from 54 180 in 2009 to 55 268 in 2010.
- In 2010, 65 editors of the Truffle 100 Europe firms were listed on one or more stock market (74 in 2009) and accounted for 84.5 of sales (88,9% in 2009), and 85,8% of the R&D spend (88.7% last year).
- R&D investment increased significantly from €3.820 billion in 2009 to €4.443 billion in 2010 (a 15.7% increase).
About Truffle Capital - For further information, please visit www.truffle.com.