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Devoteam announces 1st quarter 2015 results

Devoteam (NYSE Euronext Paris: DVT) reported revenues for the first quarter of 2015 of € 115.5 million, a 8.2% increase compared to the same period of 2014, at constant exchange rates and perimeter, when excluding the impact of the outsourcing business in France. The higher than expected growth of the first quarter is confirming the success of the Group’s shift towards the Digital.

Consolidated revenues increased 5.9% compared to the first quarter of 2014, including a positive impact of exchange rates of 1.3%. Changes in the consolidation perimeter accounted for an additional 0.7% of growth. The 2014 acquisitions in Cloud and Mobility offers contributed for € 5.9 million of consolidated revenues over Q1 2015 while non-core divested activities amounted to € 5.1 million of revenues over Q1 2014.

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