Q1 2016 Revenues
1st quarter 2016 revenues: €53.4m
Q1 organic growth: +8.8%
The Keyrus Group achieved revenues of 53.4 million euros in the first quarter of 2016, a rise of 10.0% as compared with the first quarter of 2015. At constant structure and exchange rates, the increase was 8.8%, driven by Large Account activities. These grew by 14.2% in comparison with the first quarter of 2015 (+12.5% at constant structure and exchange rates).
Mid-Market activities saw their revenues decline slightly by 2.5% in the first quarter without a change in structure as compared with the 2015 financial year. The end of projects linked to the new DSN regulations (Déclaration Sociale Nominative/Nominative Social Declaration) affected revenues in this first quarter, but the activity remains promising for the current financial year.
Going forward in the 2016 financial year, Eric Cohen, President and CEO, comments:
"In a market that looks more promising for Digital Services Enterprises in 2016, Keyrus's know-how in terms of Data Intelligence (Big Data & Analytics, Business Intelligence), Digital Experience and Management & Transformation meets our clients' requirements perfectly and should, once again, enable us to post above-market growth.
In this context, we are confident, whilst at the same time remaining focused on sound management and the service quality of our assignments."
Keyrus will hold its Annual General Meeting on 20 May 2016 and will publish its second quarter revenues on 27 July 2016 after market close.
Breakdown of revenues by operational sector