11 April 2016 – After three years of transformation, Devoteam (NYSE Euronext Paris: DVT), a European leader in consulting and cloud solutions, announced revenue and profitability above expectation in its results for the year ended December 31st 2015.
Full-year revenues stood at €485.3 million, which was above previous guidance. This represented growth of 12.2% organically, excluding the discontinued activity of outsourcing business in France, using constant assumptions about perimeter and exchange rates.
The operating margin stood at €33.9 million, representing 7.0% of the revenue in 2015. Compared with €22.1 million or 5.0% of the revenue in the previous year, this represents volume growth of 53.0%, an increase of 2% of the revenue.