Neurones : Organic growth up 6.6% in 3rd quarter 2021

PRESS INFORMATION
Heading: 3^rd quarter 2021 revenues         Nanterre, November 3, 2021 (after trading)

Organic growth up 6.6% in 3^rd quarter 2021

(unaudited, in € millions)	2020	2021	growth	of which organic
3rd quarter revenues	128.3	137.7	+ 7.2%	+ 6.6%
Total as at the end of September	382.8	427	+ 11.6%	+ 10.6%

Achievements

During the third quarter, driven by sustained demand, activity grew overall by 7.2% (compared with 5.5% in the third quarter of last year).

Over the first nine months of the year, the operating margin * stood at 10.7% of revenues (compared with 9.7% for the same period in 2020).

Outlook

Given the continued growth in Digital and Cloud services, the forecast for the full year 2021 has been revised upwards once again:

• revenues in excess of €575m (an increase of more than 9.5% compared to 2020),
  
  
• operating profit of around 10.5% (compared with the previous estimate of around 10%).
  
  

* not audited and after inclusion of 0.4% of expenses related to bonus shares.

About NEURONES

With over 5,800 experts, and ranking among the French leaders in management consulting and digital services, NEURONES helps large companies and organizations implement their digital projects, transform their IT infrastructures and adopt new uses.

Euronext Paris (compartment B - NRO) - Enternext Tech 40 – DSS mid caps
www.neurones.net

Press Relations: O'Connection Valérie Hackenheimer Tel.: +33 (0)6 12 80 35 20 vhackenheimer@oconnection.fr

NEURONES Matthieu Vautier Tel.: +33 (0)1 41 37 41 37 rp@neurones.net

Investor Relations: NEURONES Paul-César Bonnel Tel.: +33 (0)1 41 37 41 37 investisseurs@neurones.net

Attachment

• neurones-third-quarter-2021-revenues