Solucom SA reported unaudited consolidated revenue results for the fourth quarter and full ended March 31, 2016. For the period, the company reported revenue of EUR 87.4 million against EUR 46.4 million a year ago, reflecting a year-on-year increase of 88%. Like for like change was 12% For full year, the company reported 43% growth in consolidated revenues to EUR 233.0 million against EUR 163.1 million a year ago. On a like-for-like basis, excluding contributions from Audisoft Oxéa, Hudson & Yorke, Arthus Tech, and the assets of Hapsis, revenues advanced 15% over the period, versus a targeted increase of 12%.

On the back of solid performances in fiscal year 2016, Solucom is reaffirming its full-year EBIT margin objectives of between 11% and 13%, including Kurt Salmon consolidated over the last three months of the year.