Growth for the first quarter and annual guidance confirmed

Econocom, a European provider of business-to-business digital services, reported consolidated revenue of €375 million for the first quarter of 2013, a 5% rise on Q1 2012. This performance is due to slight organic growth of 2% and the contribution of the acquisitions made in 2012.

These results reflect Econocom’s healthy business trend. During the first quarter, the Group notably supported some of its major clients in their operations in both Europe and North America.

During the first quarter of 2013, Econocom strengthened its services expertise, taking over French company Exaprobe, which specialises in ICT convergence and security, and exercising the option to acquire the entire share capital of Centix, the Belgian virtualisation specialist.

The Group’s prospects confirm the annual guidance for growth in 2013 in terms of revenue, both organic and via external growth, and recurring operating profit.

The 2013 half-year revenue will be published after the close of trading on 24 July.