Earnings release
Page 1
an assystem PRESS RELEASE First - half 2021 results • Revenue : € 253.4 million , representing strong year - on - year growth ( 12.4 % like for like ) Operating profit before non - recurring items ( EBITA ) ( 1 ) : € 16.6 million ( up 77 % on H1 2020 and 6.4 % on H1 2019 ) EBITA margin : 6.6 % Revised targets for full - year 2021 : revenue of € 520 million ( 2 ) and EBITA margin in line with the H1 2021 figure Planned changes in the Group's scope of consolidation in order to concentrate business development , investment and managerial efforts on its core business Paris La Défense , 15 September 2021 , 5.35 p.m. ( CEST ) – At its meeting held today , the Board of Directors of Assystem S.A. ( ISIN : FR0000074148 - ASY ) , an international engineering group , reviewed the Group's financial statements for the first half of 2021 ( i.e. the six months ended 30 June 2021 ) . Dominique Louis , Assystem's Chairman and Chief Executive Officer , stated : " Our growth momentum is ongoing tangible proof of how we have got our strategy right by focusing on energy and digital transition both in France and abroad . Going forward , we intend to further concentrate our business development , managerial resources and investments on this central focus , with our planned changes for the Group's scope of consolidation and our external growth priorities fitting seamlessly with this objective . " KEY FIGURES In millions of euros ( Єm ) H1 2020 H1 2021 Year - on - year change Revenue 229.5 253.4 + 10.4 % Operating profit before non - recurring items - EBITA ( 1 ) % of revenue 9.4 16.6 + 76.6 % 4.1 % 6.6 % +2.5 pts Consolidated profit for the period ( 3 ) 0.5 11.2 In millions of euros ( € m ) Net debt ( 4 ) 31 Dec. 2020 30 June 2021 23.8 56.2 ( 1 ) Operating profit before non - recurring items ( EBITA ) including share of profit of equity - accounted investees other than Expleo Group ( € 0.5 million in H1 2020 and € 0.6 million in H1 2021 ) . ( 2 ) Provided no restatements are required pursuant to IFRS 5 ( see the planned changes to the Group's scope of consolidation described below ) . ( 3 ) Including profit attributable to non - controlling interests : € 0.4 million in H1 2020 and € 0.1 million in H1 2021. Profit for the period attributable to owners of the parent therefore totalled € 0.1 million in H1 2020 and € 11.1 million in H1 2021 . ( 4 ) Debt less cash and cash equivalents and after taking into account the fair value of hedging instruments . 1/9