Consolidated revenue: increase of 26%
AKKA / MBtech: a new growth dynamics
1.Revenue of the First quarter - ¤142.7 million
|Non-audited consolidated data - in ¤ million||Q1 2012||Q1 2011||Growth|
|Rest of World||18.3||12.4||48%|
Strong dynamic in Germany
2. AKKA Technologies / MBtech - an international groupThe acquisition of MBtech, consolidated from April 1st 2012, creates of the European leader in Engineering and Technology Consulting in the mobility sector. Daimler stays a minority (35%) shareholder and ensures the sustainability of long-term revenue for the next 5 years. In 2011, MBtech revenue* increased up to ¤370 million by 22% on 2010, with growth of 91% in Germany, 4% in the Czech Republic, 2% in China and 3% in the USA. A profitable company, MBtech posted an operating profit of ¤9.3 million in 2011. MBtech performed well in the 1st quarter of 2012 with revenue of ¤98.4 million, up by over 10% compared to the same period in 2011. Daimler contributed 87% to the revenue of the quarter. Following the lead set by AKKA Technologies, MBtech will increase the pace of its growth through sector diversification (aeronautics, rail industries and automotive). Daimler and AKKA Technologies intend to develop the company jointly in order to strengthen its competitiveness.
AKKA Technologies data for 1st quarter 2012
|Non-audited consolidated data - in ¤ million||Q1 2012
|Rest of World||18.3||11.5||29.8|
With its 10,000 engineers working across high added value sectors and plans for extensive organic growth in Germany, AKKA Technologies focuses from now on the construction of a group of more than one billion euros with serenity.
*Datas in local GAAP not audited
Next press release: Revenue for 2 nd quarter, 17 July 2012 after the stock market closes.
"The best way to predict the future is to invent it.
Let's share our passion for technology. " AKKA Technologies, a European Group specialising in Engineering and Technological Consulting, works with prestigious clients in industry and the service sector at every stage of their projects, from R&D and studies right through to the manufacturing process. AKKA Technologies develops complementary areas of expertise to offer real added value to its clients in a broad range of sectors: aviation, automotive, space/defence, consumer electronics, telecommunications, chemicals, pharmaceuticals, steelworks, energy, rail, naval and the service sector to name but a few.
Thanks to the mobility of its teams and international profile, AKKA Technologies is involved in projects using cutting edge technology around the world.
AKKA Technologies has over 10,000 employees and operates in over 27 countries: Germany, North America, Belgium, Bulgaria, Canada, China, UAE, Spain, France, Hungary, Italy, India, Luxembourg, Morocco, Netherlands, Poland, Czech Republic, Romania, UK, Switzerland, Tunisia. AKKA focuses on building a group of 1 billion euros, of which 50% outside France.
AKKA Technologies is listed on EuronextTM Paris - Compartiment B -ISIN Code: FR0004180537.
CAC® Small, CAC® Mid & Small, CAC® All-Tradable, CAC® All-Share indexes.
For further information go to www.akka.eu
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|AKKA TECHNOLOGIES||Euronext Paris||50.78 (c)||-1.42%||25 654|