Devoteam reported revenue results for the third quarter of 2015. The company reported revenues of €114.9 million for the third quarter of 2015, a 14.8% increase compared to the third quarter of 2014, at comparable perimeter and exchange rates, when excluding the impact of the outsourcing business in France. At current perimeter and exchange rates, the revenues of the Group rose 9.4% in the third quarter of 2015 compared to the same period last year.

The company revised guidance for the full year 2015. The Group revised upwards its full year targets again. Revenues are now expected to land around €475 million excluding the impact of myG and Drago with more than 6.5% operating margin. These companies are consolidated as of October 1st 2015 and should bring an extra €4 million to the revenues of the Group in the fourth quarter.