Mar 10, 2016
Revenue at €485.3 million, up 12.2% organically excluding the discontinued activity. Operating margin increasing by 200 basis points, above guidance.
  • Devoteam (Euronext Paris: DVT) announced full-year revenues for the year ended December 31st 2015 of €485.3 million, which was above previous guidance. This represented growth of 12.2% organically, excluding the discontinued activity of outsourcing business in France, using constant assumptions about perimeter and exchange rates.

    Stanislas de Bentzmann, co-CEO of Devoteam, commented on these results:
    "For the second year in a row, our annual results are significantly above target and show a strong acceleration in margins and organic growth. This great financial performance substantiates our strategy based on three pillars:
    - Operational excellence,
    - Acceleration in innovative and Digital offers,
    - Proactive M&A policy to accelerate our gain of market share in the Digital and Cloud and exit non-core assets.
    "

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  • fy2015