SII : Fiscal 2022-2023 first quarter revenue
10 August 2022 - 6:00PM
SII : Fiscal 2022-2023 first quarter revenue
Paris, August 10, 2022 – 6 p.m.
Fiscal 2022-2023 first quarter
revenue: €238.5m
Growth of
27.4%
Business in France up 13,0 percentInternational
operations up 40.8 percent
SII
Group, which
specialises
in engineering business,
has
announced
its first quarter revenue for the 2022-2023 financial
year.
Eric Matteucci, Chairman of the Management
Board, commented: “The first quarter of the 2022-2023 financial
year was in line with the previous quarter and thus posted a very
good performance. In a deteriorating macroeconomic environment,
demand over the quarter remained high and our teams took advantage
of the opportunities thus created. This first quarter is a perfect
launch of our new financial year and secures our scenario for the
first semester.”
In
M€1st
quarter (ended
June 30) |
2021-2022 |
2022-2023 |
Change |
Organicchange* |
Revenue |
187.16 |
238.45 |
+27.4% |
+27.5% |
Of which France |
90.24 |
101.96 |
+13.0% |
+13.0% |
Of which International |
96.92 |
136.54 |
+40.9% |
+41.0% |
* excluding external growth and exchange
rate effects (exchange rate 2021-2022 applied to 2022-2023
revenue)
SII Group, a specialist in engineering
businesses, registered revenue of €238.5 million during the first
quarter of the 2022-2023 financial year, up 27.4%. All geographical
units contributed to this positive performance, with the only
exception of Spain where the comparison base was high. This
performance was driven by an activity rate at its highest level in
nearly three years, a change in headcount linked to the level of
recruitment for the previous financial year and excellent sales
performance of all teams.
Continued growth
in France
In France, the SII Group achieved a revenue of
€102.0m during the first quarter of the financial year 2022-2023,
i.e. a 13.0% entirely organic growth. The Activity Rate Excluding
Holidays (AREH) reached 90.9% during the quarter, coming to the
optimum. All major business areas in which the SII Group operates
contributed to this performance. The teams thus achieved a fifth
consecutive quarter of double-digit organic growth.
International business maintained an
exceptional organic growth rate
Internationally, the SII Group recorded a
quarterly revenue of €136.5 million, up 40.9% compared to the first
quarter of the previous year. With the exception of Spain (-3%),
which had a strong comparison base, all countries continued to grow
organically, with some outperforming the plan, including: Poland
(+43%), Germany (+31%), Romania (+88,0%), Chile (+56%), le Canada
(+82%) and Czech Republic (+73%).
Prospects
The performance achieved during the first
quarter enabled us to confidently confirm the outlook expected for
the entire first semester of this financial year. This means
double-digit organic revenue growth, which is now expected to
exceed 20% in the first semester, and an operating margin of
between 9 and 10%, provided if there is no major change in the
health and geopolitical situation.
Proposed
dividend of
€0.40
per
share
In keeping with the SII Group’s distribution
policy and returns to the shareholders, the next shareholders’
meeting, scheduled for September 22, 2022, will be asked to approve
the payment of a dividend of €0.40 per share.
***
Next financial
announcement:
Fiscal 2022-2023 half-year revenue, Tuesday,
November 8, 2022 after trading
-
Contact:
SII - Eric Matteucci:
+33(0)142 848 222
-
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About de SII
Serving as a true partner for technology
matters, SII Group provides solutions with added value to projects
at major companies. Relying on teams of expert engineers and
methods applying the highest quality standards, SII’s business has
a balanced focus on Technology consulting and Digital services.
SII Group has organized itself to offer the
responsiveness and flexibility of personalized service. SII has
nine offices in France serving as profit centers with robust
operational resources and the ability to support major
international clients, serving companies in 18 countries on four
continents.
In the 2021-2022 financial year, which ended on
31 March, SII Group recorded revenues of €829 million.
- SII - AF_CA_T1_2022_2023_EN
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