AKKA TECHNOLOGIES : First Quarter in line with the objectives

le
0
Revenue at 50.2 M¤
A 12.5 % Organic growth

Consolidated revenue (1st January - 31 March)

En M¤ 31.03.2007 31.03.2006 Variation
1st quarter revenue 50.2 33.1 + 51.6 %

With 50.2 M¤ in revenue, AKKA Technologies is taking on a new dimension, posting strong growth in the first quarter of 2007

The Group's organic growth is up 12.5 % and remains strong. Energy and rail are particularly buoyant. The automotive segment has good upside potential.

Foreign subsidiaries account for more than 12 % of revenue over the period. Belgium and Switzerland have demonstrated their high potential while organic growth is substantially higher abroad than in France

AKKA Technologies is recording strong growth in all its business lines in France and outside and is bidding on many high-growth projects. AKKA Technologies created the AKKA Institute with the goal of accelerating its development.

Execution of an ambitious development program

AKKA Technologies's declared ambition was to reach 200 M¤ in revenue in the mid-term. This objective will be achieved by 2007.

The Group is currently pursuing the following goals:

  • Achieve critical size in Italy and Switzerland, after Belgium
  • Achieve a significant presence in Germany
  • Continue its development in France by adding new expertise in order to gain access to new technological niches and new industrial segments

Next press release : First half-year results, 24 July 2007 after stock market closing


About AKKA Technologies

AKKA Technologies, a specialist in High Technology Consulting and Engineering, has been assisting manufacturers the world over in planning every stage in their products' lifecycle, from design to mass production.

Thanks to its solid presence in western Europe (France, Belgium, Germany, Italy, UK and Switzerland) AKKA Technologies delivers real added value to every business segment: aeronautics, automotive, rail; chemicals/pharmacy, space/defence, telecommunications, energy, steel, electronics, and is recognized by all major clients.

Thanks to the mobility of its teams and a global positioning, AKKA Technologies is able to conduct cutting-edge projects across the world. As of 31 March 2007, AKKA Technologies employed 2,822 people.

AKKA Technologies is listed on the Eurolist by Euronext (TM) in Paris- Compartment C, ISIN code : FR0004180597.

Contacts 

AKKA Technologies
Nicolas Valtille / CFO -  Tel 04 78 92 60 83 finances@akka.fr
Anne-Laure Ruel / Communications officer - Tel 04 78 92 61 43 al.ruel@akka.fr

Actus Lyon
Amalia Naveira / Analyst/investor relations officer - Tel 04 72 18 04 92 anaveira@actus.fr
Marie Claude Triquet / Press relations officer - Tel 04 72 18 04 93 mctriquet@actus.fr

© Copyright Actusnews Wire
Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free

Valeur associée
  Libellé Bourse Dernier Var. Vol.
Vous devez être membre pour ajouter des commentaires.
Devenez membre, ou connectez-vous.
Aucun commentaire n'est disponible pour l'instant