Last €7.89 EUR
Change Today -0.021 / -0.27%
Volume 144.2K
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As of 11:35 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

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03/5/14 - €9.15
52 Week Low
11/18/14 - €4.83
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econocom group (ECONB) Details

Econocom Group SA/NV provides business-to-business digital services. It operates in three segments: Technology Management & Financing, Services, and Products & Solutions. The company’s sourcing solutions include distribution services, such as supply, order and stock management, and recycling; and offers server consolidation, virtualization of servers and workstations, data archiving, e-mail migration, and printing solutions, as well as SAP infrastructures sizing, installation, and settings of the ERP hardware infrastructure. It also offers technology management and financing solutions comprising financial, operational, and management solutions; and asset and contract management, e-procurement, and on demand services, as well as a range of IT services, including consulting, end-user management, datacenter management, and application management. In addition, the company provides a range of telecom services in the areas of engineering and consulting, integration and logistics, operations, and telecom expense management. Further, it offers enterprise solutions, including Papyrus to manage printing costs; Desktop On Demand, a workstation solution; Mobileasy, a mobile IT assets management solution; MyPC, a application and infrastructure virtualization solution; Everpad, a B2B tablet fleet management solution; and Workplace as a Service, a virtual workspace solution. The company operates in 20 countries, including Europe, Morocco, the United States, Canada, Mexico, and Brazil. Econocom Group SA/NV was founded in 1982 and is based in Brussels, Belgium.

8,260 Employees
Last Reported Date: 08/30/14
Founded in 1982

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econocom group (ECONB) Key Developments

Econocom Group SA/NV Announces Unaudited Consolidated Earnings Results for the First Half Ended June 30, 2014; Provides Earnings Guidance for the Fiscal 2014

Econocom Group SA/NV announced unaudited consolidated earnings results for the first half ended June 30, 2014. For the period, the company reported revenue was €972.2 million against €792.3 million a year ago. Recurring operating profit was €30.6 million against €25.1 million a year ago. Operating profit was €23.4 million against €21.9 million a year ago. Profit before tax was €22.4 million against €19.4 million a year ago. Net consolidated profit was €15.9 million against €12.2 million a year ago. Profit excluding non-controlling interests was €16.2 million against €12.2 million a year ago. Net earnings per share were €0.150 against €0.130 a year ago. Recurring net earnings per share were €0.154 against €0.146 a year ago. The growth in revenue was result of the integration of Osiatis Group, which Econocom acquired in September 2013, and the positive business trend during the second quarter of 2014, which is a testament to the group's successful positioning in the fast-growing connected objects market (the Internet of Things). The increase in net profit and EPS reflects the accretive impact of the acquisition of Osiatis from the first half of 2014. The results of the first half and the positive business trend mean Econocom can confirm its guidance of 2014 annual revenue in excess of €2 billion and expect recurring operating profit of €100 million.

Econocom Group SA/NV Presents at CF&B 14th Large & Midcap Event, Oct-02-2014

Econocom Group SA/NV Presents at CF&B 14th Large & Midcap Event, Oct-02-2014 . Venue: Palais Brongni, 28 Place de la Bourse, entrée Rue Vivienne, 75002 Paris, France.

Econocom Group SA/NV(ENXTBR:ECONB) added to Euronext 150 Index

Econocom Group SA/NV will be added to the Euronext 150 Index.


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Price/Earnings 16.1x
Price/Sales 0.4x
Price/Book 2.7x
Price/Cash Flow 13.9x
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