Paris, May 15, 2019 – 8am
SMART SOLUTIONS FOR A SMART WORLD
2018-19 full-year revenue growth of nearly 10%
Realignment around Technology Consulting and Digital Transformation
International investments in Cybersecurity
The GECI International Group is reporting full-year revenues of €30.4m for 2018-19, with year-on-year growth of nearly 10%.
Highlights of the year
During FY 2018-19, GECI International further strengthened its development strategy by repositioning its business model around two core business lines: Technology Consulting and Digital Transformation, which includes the new cybersecurity activities.
- Technology Consulting: strong growth dynamics (+17.7%)
The Group has consolidated its expert position on the market for new mobility solutions, at the heart of smart cities.
Its teams have been the driving force behind the launch of the first rapid autonomous shuttle prototype and stand out with a range of turnkey concept cars, in small series, for civil, institutional and defense markets. It has notably contributed, with its subsidiary Etud Integral, to conceiving disruptive solutions for the Nova Car, a smart car from the manufacturer Novares.
- Digital Transformation: 7.1% growth and focus on high-potential offers
This division's sales have capitalized on the IT infrastructure transformation and management expertise, as well as the development of High Performance Computing (HPC) solutions at the heart of Big Data's challenges. GECI International has had expertise in this area for many years, and signed a joint business development agreement in January with IBM, which has already paved the way for an initial success in the energy sector.
With growth in the market linked to Big Data requiring high-performance computing capabilities, GECI International is now very well positioned to meet the needs for collecting, analyzing, storing and leveraging large volumes of data.
Change in revenues for each quarter and half-year
|€m (unaudited consolidated data)||FY 2018-19||FY 2017-18||Change|
|1st quarter (April-June)||8.0||6.5||+23.1%|
|2nd quarter (July-September)||7.3||6.0||+21.7%|
|1st half (April-September)||15.3||12.5||+22.4%|
|3rd quarter (October-December)||7.8||7.1||+9.9%|
|4th quarter (January-March)||7.3||8.1||-9.9%|
|2nd half (October-March)||15.1||15.2||-0.7%|
Change in revenues for each business and region
|FY 2018-19||FY 2017-18||Change|
|€m||% of rev||€m||% of rev||(%)|
Outlook for 2019-20: international launch of the cybersecurity solutions platform
GECI International is consolidating its development strategy with a specific positioning around high-growth markets, capitalizing on innovation and the premiumization of its solutions, including cybersecurity in France and internationally.
For Technology Consulting, the Group is confirming its expertise on rapidly developing markets focused on issues linked in particular to new forms of mobility. In the burgeoning smart city sector, its subsidiary Etud Integral, with its original offering, is developing multiple concepts and opening up new possibilities for FY 2019-20.
For the Digital Transformation, the Group is supporting its ‘key account' clients with their development and capitalizing on its HPC expertise to leverage the full potential of Big Data. Combining these two technologies, the challenge is to continue pushing the boundaries for research and development.
Alongside this, faced with new threats, the cybersecurity markets are looking for effective solutions to ensure their protection and the sustainability of their assets. These markets are progressing and evolving very quickly, and require a highly responsive approach; the Group has therefore decided to extend its operational scope and notably offer its cybersecurity solutions in Portugal, Portuguese-speaking countries, including Brazil, and South Africa.
After rolling out in-depth reforms, GECI International is looking ahead to FY 2019-20 with confidence, buoyed by a stronger organization and commercial actions that are driving growth. GECI International is confident that it will be able to continue improving its performance levels.
- 2018-19 full-year earnings on July 31, 2019 before start of trading.
ABOUT GECI INTERNATIONAL
“Smart Solutions for a Smart World”
The GECI International Group is the Digital Transformation and Technology Consulting specialist. With its platform of Cybersecurity products and solutions and its Mobility expertise, it integrates the market's best innovations to benefit its clients, from key accounts to SMEs and startups.
Backed by a network of partner companies and expert capabilities worldwide, GECI International is positioned, with agility, across the entire value chain for projects (consulting, integration, IT outsourcing and training) and is committed to designing smart solutions and services.
The GECI International Group is listed on the regulated market Euronext Paris - Compartment C - and is part of the CAC Small and CAC Technology indices. GECI International is eligible for the SRD long-only deferred settlement service.
ISIN (shares): FR0000079634 – GECP / ISIN (BSAR A warrants): FR0013266764 - GECBT