First quarter 2007 sales
Noisy-le-Grand, 23 April 2007 - Staff&Line is a leader in the European IT management market. The group recorded sales of 2.6 million euros for the first quarter 2007 (from 1st January to 31st March 2007), up by 31% compared with the same period 2006.
Realised synergies from the incorporation of subsidiaries during 2006 have started to produce their effect, as of this first quarter 2007.
These sales include, for the first time, a full quarter's contribution from the subsidiary SAM UK, which was acquired at the end of October 2006. It accounted for 17% of Staff&Line's first quarter sales.
In Southern Europe, this first quarter 2007 was distinguished by increased sales of licenses, which accounted for 27% of the group's total sales of licenses.
This reflects the start of revenues from sales of its flagship software EasyVista, which is a real ERP for managing IT infrastructures.
For example, Ibersol, a company with 360 fast-food outlets in Portugal and Spain, including Pizza Hut, Kentucky Fried Chicken and Burger King brands, has chosen EasyVista, which meets its requirements for monitoring businesses that are widely geographically dispersed. Ibersol is listed on the Lisbon Stock Exchange (Euronext)
As a reminder, second-half-year performance is structurally better than that of the first-half year due to the seasonal nature of sales, with the first quarter particularly affected.
These good results therefore enable Staff&Line to confirm its objective of 30% to 40% sales growth, for the whole of 2007.
Moreover, Staff&Line will attend the Small Cap Event forum to be held in Paris on 26 and 27 April 2007.
Since its creation in 1988, the company has positioned itself as a specialist in the IT management market. The company offers a range of software packages, EasyVista, designed for organisations of all sizes and covering the whole life-cycle of IT assets: incident and problem management, change management, computing equipment and configuration management, inventory and user portals. EasyVista is certified ITIL® compatible by PinkElephant. With operations in France, the UK, Italy, Spain, Portugal and USA, Staff&Line boasts over 3,300 clients in the banking, insurance, industrial, office, public administration, IT outsourcing and advisory sectors. Staff&Line is a founding member of itSMF France and member of AFDEL (French association of software publishers). Staff&Line is listed on the Paris Stock Exchange (Alternext).More information at: www.staffandline.fr
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