AKKA Technologies Group generated revenues of 282.8 M¤ over the first 9 months. The activity is good with a sustained organic growth and an international business still dynamic, up 47%.
Consolidated Revenue (1st January- 30 September)
|Revenue over 9 months||282.8||151.1||+ 87%|
Q3 sales are up 75% to 87.9 M¤ compared to 2007, of which 13% is due to organic growth. At 30 September, consolidated revenue was 282.8 M¤, up 87%.
Over 9 months, performance indicators are trending upwards and excluding COFRAMI, revenue rose by 22% of 184.4 M¤.
Outside France, sales grew 47% to 29.2 M¤, with all our subsidiaries posting dynamic performances.
Over the period, the Group was able to strengthen its positions across all business segments while demand for services remained strong amid an international economic environment in turmoil.
2008 Targets confirmed
The Group is continuing on its road map and confirming the targets announced for the full fiscal year:Revenue is expected to top 380 M¤. Growth, excluding Coframi, will exceed 13%. Current operating income ratio is expected to come close to that achieved in the first half of 2008. Next press release: revenue 2008, on 12 February2009, after the end of the Bourse trading day
About AKKA Technologies
AKKA Technologies, an engineering and technology consultant, provides guidance to key accounts in the industrial and service sectors in executing the different stages of their project, from R&D to study to mass production.
AKKA Technologies, through its expertise in complementary business lines, delivers added value to its clients in sectors such as automotive, aeronautics, space/defense, consumer electronics, telecommunications, chemicals, pharmaceuticals, steelmaking, energy, rail, naval activities and services.
Thanks to its highly mobile teams and international positioning, AKKA Technologies is involved in cutting-edge projects worldwide.
As of 30 September 2008, the Group employed 5,400 staff in over 40 sites in France, Belgium, Italy, UK, Switzerland, Morocco, Rumania and India.
AKKA Technologies is listed on EuronextTM Paris - Compartment C - ISIN Code : FR0004180537.
Contacts :AKKA Technologies
Nicolas Valtille / CFO- Tel. : 04 78 92 60 83 - firstname.lastname@example.org
Anne-Laure Ruel /Communications officer - Tel. : 04 78 92 61 43 - email@example.com
Amalia Naveira - analyst/investor relationships officer - Tel. : 04 72 18 04 92 - firstname.lastname@example.org
Marie-Claude Triquet - Press Relations - Tel. : 04 72 18 04 93 - email@example.comInformation réglementée
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|AKKA TECHNOLOGIES||Euronext Paris||47.50||-1.14%||4 535|