Unpacking the financial results of the H1 2014 round-up. Devoteam (NYSE Euronext Paris: DVT) announced revenues of € 216.2 million, slightly increasing at constant exchange rates and perimeter versus the 2013 first semester, and an operating margin of € 7.1 million for the first half of 2014. Compared to the first half of 2013, the operating margin has increased by 60 basis points.
The net income attributable to the shareholders of Devoteam S.A. amounted to € 2.6 million, versus € 7.3 million one year earlier (which included significant capital gains from the divestment of assets). Net income significantly improved compared to the first half of 2013, excluding profits on divested assets.
After a year of deep transformation in 2013, the figures for the first half of 2014 were in line with the group’s growth and profitability objectives.
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