Shareholders
Press Release
Paris, 9 November 2004
GFI Informatique posts turnover of €379.9 million
to 30 September 2004
| (€ millions) | 9 months 04 |
9 months 03 |
Glob. |
Org. |
| Turnover | 379.9 |
369.0 |
+3.0% |
+0.3% |
| (€ millions) |
Q3 04
|
Q3 03
|
Glob.
|
Org. |
| Turnover |
118.6
|
113.1
|
+4.9%
|
+3.1% |
Highlights of third quarter 2004
GFI Informatique posted turnover of €118.6m in the third quarter, corresponding to organic growth of 3.1% for the period, which was in line with the Group's objective of 2-4% growth in 2004.
Outlook
In terms of profitability, the third quarter has proved to be more difficult than expected. Fourth-quarter earnings, however, should be more in line with targets and therefore the operating margin for the full year is expected to be over 4%.
The encouraging upturn in organic growth and the restructuring of Italy and Germany should enable the Group to increase the operating margin in 2005.
GFI Informatique will publish the third-quarter results on 8 December after the market closes.
For further information, contact:
Investor Relations Manager: Anthony Pallier – Email:
- Tel. +33 (0)1 44 85 88 97
Press Relations Manager: Martine Canaque – Email:
- Tel. +33 (0)1 44 85 88 56
