Micropole-Univers, a European Consulting and Services Company specialized in the fields of Business intelligence, E-Business, ERP and CRM, attained a turnover of €46.7 M over the 1st semester of 2009, as opposed to 46.2 million euros over the same period last year, representing growth of a little over 1%.
In the second quarter, the consolidated turnover was slightly down at € 24.5 m as opposed to €24.7 m in 2008. These second quarter figures include the business generated by Isartis, a specialist ERP SAP consulting company, now wholly owned by Micropole-Univers.
On a like-for-like basis (same exchange rate and excluding Isartis figures), Micropole-Univers attained a 45.1 million- euro turnover over the first half of 2009, a 2.4% drop compared to the 1st semester 2008. The Q2 2009 turnover, again using like-for-like criteria, stood at €22.9 m, a drop of 7.5% compared to the previous year.
The decline observed over the second quarter 2009, particularly noticeable in April and May, involved all 3 business activities of the Group (consulting and integration, re-sales, training) but with varying degrees of severity and different underlying causes.
Q2 2009 results were hit by an automatic seasonal effect:
Micropole-Univers’ re-sales business recorded a 40% drop year-on-year for the second quarter 2009. An overall decline for the first half-year is partly due to a change in Group policy arising from a hardening of margin conditions granted by vendors. With a view to maintaining its’ operating income, Micropole-Univers has decided to no longer accept re-sales if the margins are too weak.
The training business registered the greatest drop, after a particularly difficult start to the year. Down 15% for the first quarter 2009, it rallied in the 2 nd quarter, with overall turnover down 6. 5% year-on-year for the 1st semester 2009