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3rd Quarter 2011 - Remarkable Organic Growth: +21.8%



Consolidated turnover (1st January – 30th September) – non-audited














In million € 2011 2010 Growth
9-month aggregate 193.9 174.3 +11.3%

The 3rd quarter of 2011 was propelled by a strong impetus on all business units, pushing turnover up   22.6% (+12.7m.) to €69.1 million. Organic growth remained very strong during the quarter at +21.8%.


On 30th September 2011, Tessi’s turnover had risen by 11.3% to €193.9m., +10.2% of which was fuelled by organic growth.



  • At €117.7m, Tessi Document Services was up 8.7%, with 7.5% in organic growth. The scope of consolidation changed with the Sakarah and Logidoc-Solutions takeovers in late 2010 and early 2011 respectively.


  • At €28.8m, Tessi Marketing Services posted organic growth of 5.9%.


  • CPoR Devises sustained an extremely high growth rate in Q3 2011 (+58.1%, generating €8m. in additional turnover). Over 9 months, its turnover increased by 22.2% to €47.4m, of which 20.7% was organic growth. In June 2010, CPoR Devises took over Goffin Bank’s exchange business in Belgium.

 


Favourable trends for 2011


For 2011 as a whole, organic growth and the operating margin are set to remain high. 


 


Next publication: 4th Quarter Turnover, on 7th February 2012 after trading.


Next briefing: 10th November at 10am at the SFAF, 24 Rue de Penthièvre, 75008, Paris.


 





About Tessi:



- Tessi is the document processing specialist in France

- 3,621 staff at 30 June 2011

- 2010 sales: 235.2 M€

- Listed on Euronext Paris Eurolist B – ISIN Code: FR0004529147 – Symbol: TES

- Registered head office in Grenoble (38)

- Established in 1971 and acquired in 1979 by Marc Rebouah, current CEO

- N°1 in France in data acquisition and processing

- N°1 in France in deferred promotional management

- N°2 in France in check processing



For more information about the Group: www.tessi.fr

 


Contacts






Tessi

Corinne Rebouah

Executive Secretary – Financial Communications

Tel. +33 (0)4 76 70 59 10

E-mail: [email protected]
Actus

Amalia Naveira/ Investor Relations

Marie Claude Triquet/ Press Relations

Tel. + 33 (0) 4 72 18 04 90

[email protected]

[email protected]

Information réglementée
Communiqués au titre de l'obligation d'information permanente :

- Communiqué sur comptes, résultats, chiffres d'affaires

Communiqué intégral et original au format PDF :


http://www.actusnews.com/documents_communiques/ACTUS-0-25729-cp-tessi-081111.pdf

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Quelle: Actusnews

Tessi Stock

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