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Record turnover at E261.8m - Organic growth exceeds 10%



Consolidated turnover (1st January - 31st December) - unaudited














In million € 2011 2010 Growth
Financial year aggregate 261.8 235.2 +11.3%



Fourth quarter up 11%


Q4 2001 turnover came to €67.8 million, harnessing growth of €6.9 million (+11.3%) with particularly marked increases for Tessi Document Services at €42.5m. (+11%) and CPoR Devises at €15.4m. (+24.7%). Organic growth was 10.6% for the quarter.


10.3% organic growth over the financial year


Once again Tessi reached an all-time high with a turnover of €261.8 million, an increase of €26.5m. All three business units progressed. Organic growth stood at +10.3%.



  • At €160.2m, Tessi Document Services was propelled upwards of +9.3%, generating additional turnover of €+13.6m, composed of +8.1% organic growth. A change in scope occurred with the acquisition of Sakarah and Logidoc-Solutions at the end of 2010 and beginning of 2011 respectively.


  • At €38.8m, Tessi Marketing Services posted organic growth of 3.3%.


  • CPoR Devises increased by €11.7m. (+22.8%) to reach a record €62.8m. CPoR Devises benefited from a sharp increase in business volume on the gold market in the second half in particular, and sustained activity on the physical exchange market. At 21.6%, organic growth mirrors this momentum.

These outstanding levels of activity reinforce Tessi’s efforts to sustain a high operating margin for 2001 as a whole.


 


Favourable outlook sustained for 2012


Over the 2012 financial year, Tessi aims to sustain both organic and external growth.


 


Next publication: Annual results, 10th April 2012 after market.


 





About Tessi:



- Tessi is the document processing specialist in France

- 3,464 staff at 31 december 2011

- 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-0-26684-cp-tessi-080212.pdf

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Quelle: Actusnews

Tessi Stock

€167.50
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