08.11.17

Press Release

3rd quarter 2017 revenues: €58.6m

  • #Finance & Investors
  • #Financial Publications and Information

3rd quarter 2017 revenues: €58.6m

Q3 organic growth: +10.8%

 

The Keyrus Group achieved revenues of €58.6m in the third quarter of 2017, an increase of 12.1% compared to the third quarter of 2016 (+10.8% at constant structure and exchange rates).
 

Large Account activities maintained a good pace of organic growth, with an increase in the 3rd quarter of 12.7% (+13.9% based on reported figures) and a rise over the 9 months of 13.5% (+12.1% based on reported figures). This excellent performance once again demonstrates the appropriateness of our strategy of innovating and investing in the fields of Data and Digital, which constitute the Group's core activity and the pillars of the digital transformation now taking effect in most enterprises.

Mid-Market activities, carried on by the Group's Absys Cyborg subsidiary, also performed well in the third quarter, with organic growth of 3.3% (+4.9% based on reported figures) as compared with the third quarter of 2016.
 

Eric Cohen, President and CEO of Keyrus, comments:

"2017 will have been an excellent year for Keyrus. These first 9 months have confirmed our ability to achieve solid organic growth driven by our vision of the market and quality of delivery. Keyrus's goal of making data mastery the strategic driver of digital transformation positions us at the heart of our clients' thinking on transforming themselves, innovating, and reinventing their business model in a digitalized world.

With this in mind, we are confident for the current financial year, whilst at the same time remaining focused on managing our business effectively and further improving our performance."

Keyrus will publish its revenues for the 4th quarter of 2017 on 14 February 2018 after the market close.

 

Breakdown of revenues by operational sector
 

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