On the way to one billion Euros revenue

On the way to one billion Euros revenue

• AKKA reaches new heights, with 10,000 employees


• European leader in the automotive and aviation industries


• International business at the heart of the Group’s success

2011: AKKA delivers financially

• Growth at 18.4%


• Profitability at 9.1%

1. Purchase of German company MBtech

This process will be finalized once the antitrust authorities in each of the countries have given their approval - all data are indicative.

• 3,000 engineers will enrich AKKA Technologies’ existing skill set.

• MBtech’s automotive engineering expertise includes the whole lifecycle of a product, encompassing the complete value chain, including vehicle engineering, powertrain solutions, electronic solutions and consulting. 

• AKKA / MBtech, the perfect partnership:
  
  
  
  • DAIMLER chose to partner with AKKA to accelerate MBtech’ diversification and to accompany Daimler’ innovation.
  
  
  • MBtech’s management fully supports the project because of its excellent relationship with AKKA, nurtured over more than 5 years.
  
  
  • MBtech is on track to accelerate its development by diversifying the sectors in which it works (adding aviation and rail).
  
  
  • The company has always been profitable, and its revenue grew by 58% between 2005 and 2010.
  
  
  • MBtech and AKKA share the same passion for technology, and have the same vision.
  
  
  • This purchase is secured by Daimler’s commitment to guarantee MBtech’s revenue for 5 years.
  
  

• By entering the German market, AKKA Technologies accelerates its growth and becomes an international group generating a revenue of about €460 M in France, €340 M in Germany and €100 M in the rest of the world.
  
  
  
  • This acquisition consolidates the balance between different sectors and clients in the aviation and automotive industries, strengthening the Group’s international presence with 2 strong bases in Europe’s two most dynamic markets, France and Germany.
  
  
  • After acquisition, the debt of AKKA remains on a low level with a gearing lower than 25%.
  
  

2. Financial performances 2011

The AKKA Technologies’ Board of Directors met on March 29, 2012 and approved the books for 2011. The auditing procedures for consolidated accounts have been completed, and the report is in the process of being produced.

*Aeroconseil consolidated over 3 months (1^st October / 31^st December)

AKKA Technologies has managed to combine organic growth with its international development.

• Organic growth is at 12%.

• International business up by 45.7%, now representing 15.3% of the Group’s total revenue.

• The pro forma revenue (Aeroconseil over 12 months) hits €548 M.

• AKKA Technologies register a profitable growth. The operating profit is up by 33.9% at the strong level of 9.1%.
  
  Healthy approaches to management ratios, the purchase of Aeroconseil and a greater contribution from international subsidiaries (operating margin at 14.8%) explain this great performance.

• The net income group share is €26.9 M, with a net profitability at 5.7% (low increase because of a tax burden of €11.4 M compared to €3.8 M last year).

• The Group’s financial strength has not been compromised, with a share capital of €121.1 M, net assets excluding debts of €19.2 M and gearing of -16%.

3. High hopes for 2012

• Now AKKA is an international group, which boasts impressive growth prospects among car manufacturers and the aviation industry in Germany. AKKA Technologies is now an international engineering and consulting expert for the mobility sector (automotive, aviation, aerospace and rail).

• Thanks to its position as a European leader, and to its high added value contribution to different engineering sectors, AKKA offers excellent career opportunities in a broader geography, in a various range of industries and areas of expertise.

AKKA Technologies focuses from now on the construction of a group of more than one billion euros with serenity.

Next meetings:

The 2011 profit and loss figures will be presented :

• on April 2, 2011 at 6:00 p.m. - AKKA, 21 rue Antonin Laborde - 69009 Lyon


• on April 3, 2011 at 11:30 a.m. - NYSE Euronext - Auditorium - 39 Rue Cambon - 75001 Paris

Next press release: 1^st quarter revenue, May 9, 2012 at the end of trading

About AKKA Technologies

“The best way to predict the future is to invent it.

Let’s share our passion for technology.”

AKKA Technologies, a European Engineering and Technology Consulting Group, supports major industrial and service sector clients throughout the various phases of their projects, from R&D and design studies to industrial production. Thanks to its Expertise in complementary fields, AKKA Technologies offers a real added value to its clients in every market segment, including aviation, automotive, space/ defense, consumer electronics, telecommunications, chemicals, pharmaceuticals, steel, energy, rail, marine and the service industry.

Thanks to the mobility of its teams, and its international position, AKKA Technologies works on projects at the cutting edge of technology all over the world.

The AKKA Technologies Group has 7,111 employees and is present in over 20 countries around the world: Germany, North America, Belgium, the E.A.U., Spain, France, Italy, India, Morocco, the Netherlands, Romania, the United Kingdom, Switzerland and Tunisia. The Group’s pro forma revenue was 548 million Euros, over 15% of which comes from international activities.

AKKA Technologies is listed on Euronext^TM Paris - Compartment B - ISIN Code: FR0004180537.

IndicesCAC® Small, CAC® Mid & Small, CAC® All-Tradable, CAC® All-Share

More information at www.akka.eu

Contacts:

AKKA Technologies

Nicolas Valtille / Deputy CEO - Tel.: 04 78 92 60 83 - [email protected]

Delphine Méric / Investor Relations - Tel.: 06 81 20 97 14 - [email protected]

Actus Lyon

Amalia Naveira - Investor / analyst relations - Tel.: 04 72 18 04 97 - [email protected]

Marie-Claude Triquet - Press relations - Tel.: 04 72 18 04 93 - [email protected]

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