Home2009 ANNUAL REVENUE OF €224.8 M, A DECREASE OF 5.6% AT CONSTANT EXCHANGE RATES - Financial news28/01/2010 Paris, January 28th 2010,
Patrick Bensabat, CEO of Business & Decision, comments: “In 2009, for the first time in its history, Business & Decision has registered a decrease in activities. This decline reflects the general trend within the sector, and is the product of an economically challenging year, which incited a reduction in spending. The period has ended, however, on a positive note with the final quarter producing a clear improvement in revenue in comparison to the third quarter. This improvement, along with the Group’s solid administrative and commercial structure, puts B&D in a strong position to start 2010. Our priority remains controlling our profitability, and reducing our debt.”
Revenue by geographical area
The French operation recorded revenue of €114.7m for the year, representing a decline of 6.8% from 2008. The Group’s reputation in France as a leading CSI enabled it to resist a tough economic climate, and to show promising signs of improvement in activity throughout the final quarter.
International activities recorded an annual revenue of €110.1m, a decline of 4.4% at constant exchange rates, and of which 7.8% is organic. The lowest point was reached during the third quarter. As with the French operation, the final quarter demonstrates a recovery for the international subsidiaries.
Revenue by service line
Business Intelligence represented 65.3% of revenue for the 2009 financial year, with a decrease in activity of 2.3% from 2008.
CRM recorded 18.4% of annual revenue for the Group, a reduction of 23.5% on the previous year’s activities due in the main to project cancellations.
E-business generated 16.3% of the Group’s annual revenue, a decrease of 6.4% on the previous financial exercise.
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About Business & Decision Business & Decision is an international Consulting and Systems Integration (CSI) company. It is a leader in Business Intelligence (BI) and Customer Relationship Management (CRM), and a major player in e-Business, Enterprise Information Management (EIM), Enterprise Solutions as well as Management Consulting. Business & Decision contributes to the success of customer projects by driving maximum business performance. The company has a reputation for functional and technological expertise and has forged partnerships with all of the key technology vendors. Located in 19 countries, Business & Decision currently employs 2700 people worldwide. Additional information is available at www.businessdecision.com
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