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Devoteam Finance

Devoteam is the European leader in its sector. Since its creation, Devoteam’s financial results have been continuously increasing. Combining its know-how, innovation and reliability, Devoteam is proof that a young company (only in its 13th year of existence) can obtain excellent results and combine innovation, dynamism and success.


2007 Results:

  • In 2007, Devoteam’s consolidated turnover increased 39% to 370M€.
  • The operational result increased 40% to 29.2M€
  • The Group’s net result of 20.1M€, up 26%
  • The Executive Board offered a 0.30€ dividend per share (+20%) at the last General Assembly (June 6, 2008).


Devoteam 2008 Perspectives :

  • In March 2008, Devoteam gained a foothold in Turkey by acquiring the subsidiaries of the Tepum Group, specialists in infrastructure services
  • According to market analyses, the market will remain dynamic
  • Devoteam anticipates recruiting 600 new employees
  • Forecasted turnover of 430M€ and an operating margin up around 9%


2008Results: Third Quarter 2008

  • Turnover of more than 110M€ (+42%)
  • Operating margin of 9.2M€ (up 8.4%)
  • France represents 53% of the turnover, up 26% from 2007 (specifically due to its subsidiary Devoteam Consulting)
  • Outside of France, Devoteam has experienced organic growth of 25%. This can be explained in part by Devoteam’s operations in Benelux and Southern Europe.
  • Gross cash position of 52M€