Regulatory News:
Second quarter, 2007 revenue:
€
19.7 million (released), up 3.7%
€
19.4 million (pro forma), up 6.6%
Consolidated released revenue in million €1:
2006 | 2007 | Change | ||||
1st quarter | 20.7 | 19.5 | -5.8% | |||
2nd quarter | 19.0 | 19.7 | +3.7% | |||
1st half-year, on released basis | 39.7 | 39.2 | -1.3% |
1 non audited
In the second quarter of 2007, ESR Group (Paris:ESRP) achieved a consolidated revenue of € 19.7 million, up 3.7%. For the first half-year, revenue amounted to € 39.2 million, slightly down by 1.3%.
Consolidated pro forma adjusted revenue in million €2:
2006 | 2007 | Evolution | ||||
1st quarter | 19,7 | 19,1 | -3,0% | |||
2nd quarter | 18,2 | 19,4 | +6,6% | |||
1st half-year, on pro forma basis | 37,9 | 38,5 | +1,6% |
2 non audited
ESR Group sold, on the 12th of July, 2007, its 75% stake in Valexa. This investment will be removed from consolidated statements as from the 1st of July. Pro forma figures, which do not include the contribution of Valexa to consolidated revenue, provide an accurate reflection of the business of the ESR Group in its new configuration, from the beginning of the year.
Pro forma adjusted consolidated revenue for the second quarter reached € 19.4 million, up 6.6%. This increase indicates a marked revival in the group's business. For the first half-year, pro forma adjusted consolidated revenue was € 38.5 million, up 1.6%.
In the last few weeks, ESR Group completed its plan of selling non strategic assets, as part of its debt reducing strategy. The plan included the sale of its 44% stake in Phenix Energy and the sale of its 75% one in Valexa. Together, they brought € 2.7 million in cash.
On August 29th, ESR Group will issue a press release on its first half-year results. It will be detailed at the presentation to investors on October 11th.
Shareholders' information of the ESR Group available on www.esr.fr
ESR is a major player of the IT infrastructure market. The group also develops high added value consulting expertise on IT systems security and storage.
Clients of the group are the largest institutions in the sectors of telecoms, bank and insurance, services, industry and public sector.
ESR covers all the French national market and follows his clients abroad.
Section C - Eurolist by Euronext Paris - ISIN FR0000072969 - ESRP
ESR
Jean-Guy Barboteau, Chairman & CEO
jean-guy.barboteau@esr.fr
or
Florent
Barboteau, Managing Director
florent.barboteau@esr.fr
Tél:
+33.(0)1.47.65.14.00