Paris, 26 September 2014
In €m | 2013-2014 | 2012-2013 |
Consolidated revenue Profit from ordinary operations Operating profit | 118.4 7.7* 7.9 | 129.6 8.6* (10.5) |
* Impact of the CICE (Crédit d'impôt pour la compétitivité et l'emploi - a tax credit to boost competitiveness
and employment) for €1.2m in 2013-2014 and €0.6m in 2012-2013.
The Board of Directors met on 23 September 2014 and approved the financial statements for the 2013-
2014 financial year.
The year was marked by a difficult economic environment in the Defence sector in France and by the postponement of a contract, which has since been signed, with EDF.
Against this backdrop, the Nexeya Group has reported consolidated revenue of €118.4 million for the financial year (July 2013 to June 2014), an 8.6% drop from €129.6 million in the previous year. On a like- for-like basis (excluding the Infrastructure and Help Desk activities which were disposed of on 31
January 2014), the decline was 6.2%.
During the 2013-2014 financial year, the Group also stepped up the roll-out of its product range with, on the one hand, an increase in R&D efforts and, on the other, the first results seen with, in particular, the signing of a major contract in China.
Profit from ordinary operations reached €7.7 million, which corresponds to a steady margin of 6.5%. Operating profit was €7.9 million compared with a loss of €10.5 million during the previous financial year (as a reminder: goodwill impairment of €18.5 million).
Net profit increased to €5.6 million, corresponding to a net return of 4.7%.
Nexeya's balance sheet structure remains solid with equity of €57.1 million as at 30 June 2014, gross financial debt of €7 million and a net cash position up at €17.4 million, which corresponds to negative net financial debt of €10.4 million.
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In a European context where visibility remains lows, the Group is refocusing on its higher value-added business lines with international growth (Germany, the United States, and China).
The Group is also considering acquisition opportunities.
About NEXEYA / www.nexeya.fr
NEXEYA
Jérôme Giraud
Chief Financial Officer
Tél : +33 (0)1 41 87 30 00
e-mail : finance@nexeya.fr
ACTIFIN
Ghislaine Gasparetto
Financial Communications
Tél : +33 (0)1 56 88 11 11
e-mail : ggasparetto@actifin.fr
GILBERT DUPONT Jérôme Guyot Listing Sponsor
Tél : +33 (0)1 40 22 45 87
e-mail : jerome.guyot@gilbertdupont.fr
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