Gfi INFORMATIQUE : GFI INFORMATIQUE: Q4 AND FULL-YEAR 2012 REVENUES GFI INFORMATIQUE: Q4 AND FULL-YEAR 2012 REVENUES - FOURTH-QUARTER 2012 REVENUE UP +19.4% 2012 FRENCH REVENUE UP +10% Like-for-like growth of +3.5% Saint-Ouen (France), 6 February 2013 - In the fourth quarter of 2012, Gfi Informatique recorded revenue growth of 19.4% to €197.7million. Over 2012 as a whole, revenue rose 8.0% to €667.3million. InFrance it was up 10%. € million Q4 2012 Q4 2011 Change % Like-for-like growth^ restated^ France 166.3 134.0 +24.1% +3.5% International 31.4 31.6 -0.5% -0.4% Q4 REVENUE 197.7 165.6 +19.4% +2.8% 31 December 31 December Like-for-like growth € million 2012 2011 Change % ^2 restated ^1 France 546.5 496.7 +10.0% +3.5% International 120.7 121.3 -0.5% -0.9% FULL-YEAR REVENUE 667.3 618.0 +8.0% +2.6% -------------------------  Reflecting application of IFRS 5, the revenue figure shown above excludes revenue from the Canadian business (sold in March 2012), as this business is classified under discontinued operations.  Like for like growth determined by restating for the effect of Thales, Cognitis, Geosphère and Adix acquisitions, mainly. REVENUE GROWTH ACCELERATES IN FRANCE IN Q4: +24.1% France: Full-year revenue grows 10% During Q4 2012, Gfi Informatique had very strong revenue growth in France, up +24.1%, thanks to contributions from acquisitions finalised during the quarter (Thales Services and Cognitis) and the ongoing trend of solid growth in like-for-like revenue, up +3.5%. In France, the Group's growth driver with over 82% of consolidated revenues, full-year revenues rose 10% to €546.5million. The pattern of growth is especially satisfactory because: - it includes a like-for-like growth for each quarter of 2012, bringing full-year growth to +3.5%; - the average daily rate rose by €30, the activity rate, despite a difficult environment remained stable (+0.1%); - most of the growth took place in the businesses with the highest added value, thus boosting the Group's profitability. · A new business balance New contracts signed during 2012 and revenue contributed by Cognitis and Thales Services lifted the Group's business profile substantially and resulted in: - a better balance among sectors: Services 37%, Industry 35% and Banking-Finance-Insurance 28%; - a much greater share of revenue from the top 10 clients: they represented nearly €300million in revenues, increasing core industrialisation opportunities via our innovative strategy for improving profitability. INTERNATIONAL: REAL RESILIENCE International revenue amounted to €31.4millionin the fourth quarter, almost unchanged like-for-like (-0.4%) from the corresponding prior-year period. For the full year, revenues dipped by -0.9%, mainly due to Portugal, as revenues in other countries were stable or higher. - Southern Europe: Although the climate in Spain remained challenging, revenue rose by 1.3% in Q4, to €17.7million, for like-to-like growth of 0.2% since the start of the year. On the other hand, revenue contracted by 7.5% in Portugal in Q4, reflecting the downturn in business levels in telecommunications and the public sector, and fell 12.0% over the full year. - Northern Europe: Revenue declined by 3.6% at current scope in Q4, to €6.4million, but over the full year it grew by 4.6% on a like-for-like basis. - Morocco: sustained by export business, Q4 revenue grew by 19.2% like-for-like, and over the full year it grew by 10.3% like-for-like. GROUP TARGETS REITERATED Commenting on these figures, Vincent Rouaix, Chairman and Chief Executive Officer of Gfi Informatique, stated, "Gfi Informatique's revenue growth in 2012 is very satisfactory, especially as it is based on a healthy mix of internal growth and growth by acquisition. It shows the ongoing trend in the Group's revenue mix of shifting into higher value-added businesses. As we had expected, this shift has improved our operating margin in 2012. We are fully confident in the ongoing development of our SS3I model, as we are the top regional player in value-added services and solutions". The Group has consolidated its positioning and fully integrated the businesses it acquired in 2012, and it expects revenue and profitability to continue to grow in 2013. The outlook for the economy is still uncertain, and the Group remains vigilant as to new developments that may have an impact on its markets. Next meeting: 4 March 2013 - announcement of 2012 annual results. Disclaimer Except for historical facts, the data contained in this press release are forecasts. Given the difficulties inherent in anticipating results, these forecasts do not represent guarantees. Actual results may differ considerably from explicit or implicit forecasts. About Gfi Informatique A leading European player for value-added IT services and software, GfiInformatique has established a differentiating strategic positioning between global operators and niche players. Drawing on its multidisciplinary profile, the Group provides its customers with a unique combination of hands-on services, sector-based organisation and industrial-quality solutions. With a workforce of over 10,000 employees, the Group proforma sales for 2012 is around €750million. Gfi Informatique is listed on Compartment B of the NYSE Euronext Paris stock exchange, ISIN code: FR0004038099. For more details: www.gfi.fr APPENDICES For information, please contact: GFI INFORMATIQUE KEIMA COMMUNICATION PRESS RELATIONS Administrative and Investor Relations Alix Hériard Financial Director Emmanuel Dovergne Tel.: +33 1 56 43 44 62 Cyril Malher Tel.: +33 1 56 43 44 63 email@example.com Tel.: +33 1 44 04 50 64 firstname.lastname@example.org email@example.com CP-UK-Q42012 ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Gfi INFORMATIQUE via Thomson Reuters ONE HUG#1676157
Gfi INFORMATIQUE : GFI INFORMATIQUE: Q4 AND FULL-YEAR 2012 REVENUES
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