Online Security Archive

Games Online Categories

Check out Security Depot Online's games online pages. Here, we have combined a list of the hottest Internet casinos offering the hottest casino games online. Although currently there is a wide range of online casinos operated in the cyberspace, seasoned players are well aware of the fact that not all of them are worth a player's time. Online gaming destinations listed here are dedicated to providing their customers with exceptional service and to ensuring their trust. Our list of recommended online casinos is also a great source of info on the most trafficked online poker rooms featuring the most popular poker games online. And, if it is online bingo halls that your are looking for, our casino list will also provide you with a number of great online bingo websites with the most titillating bingo games online. All you need to do is click on a link and have fun!

Groupe Silicomp: 2005 3rd Quarter Revenue(*) up 12.1% to EUR 24.1 Million

21 October 2005

Groupe Silicomp (Paris FR0000063794) - 2005 3rd quarter revenue(*) increased by 12.1% to EUR 24.1 million, rising 8.7% on a like-for-like basis. In keeping with the progress recorded over the last two years, the forecast profit from operations for the
3rd quarter ending 30 September 2005 will confirm the improvements recorded in the 1st half of 2005.

(EUR millions) 2005 2004 (% change) 2004
(IFRS) (IFRS) Actual Like-for-like (French
GAAP)

Analysis of 9-month
revenue by quarter
Q1 23.4 19.3 21.0% 21.1% 19.4
Q2 25.6 23.6 8.5% 8.3% 22.6
Q3 24.1 21.5 12.1% 8.7% 20.0
Analysis of 9-month revenue
by business and region
Engineering 37.7 32.6 15.5% 15.5% 32.6
Management 3.7 3.4 11.1% (5.4%) 3.4
Networks 15.0 10.0 50.1% 50.1% 10.0
Subtotal - France 56.5 46.0 22.7% 21.5% 46.0
North America 2.5 2.0 27.0% 27.9% 2.0
Asia 5.5 7.2 (23.9%) (25.5%) 4.8
Switzerland / Belgium 8.7 9.3 (6.5%) (6.5%) 9.3
Subtotal - International 16.8 18.5 (8.8%) (9.3%) 16.0
Total - 9 month revenue 73.1 64.5 13.4% 12.4% 62.0

Revenue growth in France remained exceptionally sustained, up nearly 30% for the 3rd quarter and 22.7% for 9 months, well above the average growth for the sector. The Networks and Systems business notably enjoyed strong expansion in the high added value service area. Management business revenue, growing once again, posted a significant return to profitability. FIME revenue (smart cards and payment system testing), integrated since 1 August 2005, contributed EUR 0.55 million to France sales and EUR 0.12 million to Asia sales in the 3rd quarter.

The progression in North America is primarily due to Canada.

Asia continues to offer good prospects despite a slight drop in quarterly revenue. Activity remains sustained, with a well filled pipeline of prospects, which like always is cyclical, reflecting the relative importance of contracts handled.

In Switzerland and in Belgium, business activity was marked by a very slight downturn due to the postponement of some deliveries to the 4th quarter regarding the Group's Network business. Profitability remains satisfactory and prospects good.

The Group's workforce size surpassed the 1,000 milestone during the 3rd quarter, totalling 1,017 at 30 September 2005, averaging 983 for the quarter. The inter-contracts rate was 3.1%, compared to 4% for the preceding quarter.

Average Billable Utilisation Inter-contracts Technical
workforce rate rate rate (1) outsourcing
size (Billable (EUR
days thousands)
billed)
2004 Q1 875 78.0% 76.0% 4.9% 2,689
Q2 886 78.6% 75.8% 3.2% 3,292
Q3 896 79.2% 70.0% 3.0% 3,078
Q4 920 79.5% 76.3% 3.8% 4,978

2005 Q1 931 79.8% 78.0% 6.0% 4,958
Q2 946 80.0% 77.3% 4.0% 4,642
Q3 983 80.4% 71.1% 3.1% n/a

(1) France Engineering structure

The quarterly condensed financial statements will be approved by the Board of Directors on 22 November 2005.

2005 3rd quarter profit from operations is forecast to be double that realised in the same period last year.

2005 and 2006 Outlook
2005 objectives: organic revenue growth double that of the sector and an operating margin of 5% to 7% of revenue.

The 4th quarter of 2005 will be marked by continuing sustained growth while the book-to-bill ratio remains above 1, thus marking a sharp recovery in the recruitment dynamic. In keeping with the progression recorded over the last two years, profit from operations will be significantly higher than that realised in the same period last year.

Benefiting from excellent fundamentals at the end of 2005, the Group forecasts a promising 2006, still in growth. The long term partnerships of the Group with numerous major accounts as well as its high growth technological niches enable Groupe Silicomp to look forward logically to an improvement in profitability, that will place it in the top half of the sector in 2006. Group management will provide unaudited data on 2006 outlook
at its presentation of 2005 3rd quarter results.

Shareholder's Agenda
24 November 2005 6.00pm Paris Time: release of IFRS 2005 3rd quarter financial results by press release after close of markets and holding of teleconference analysts' meeting.

About Groupe Silicomp
Groupe Silicomp is a leading Information Technology Solutions provider of innovative, high-technology content solutions. The Group is active in consulting and implementation services, and is a recognised specialist in computer security. The Group's unique know-how for developing communicating systems for your future needs are reflected in its control and integration of network systems, industrial applications and real time, on-board computing. With a presence on three continents, Groupe Silicomp is a preferred partner of major manufacturers.

Shares of Groupe Silicomp (ISIN code: FR000063794) trade on the Euronext Paris Stock Exchange (Eurolist C) since 16 June 1998.

Visit our web site at http://www.silicomp.fr

For more information, please contact:
Press Contact
Bernard Garrigou-Torchy
BGT Communication
Tel: +33-1-46-474096
e-mail: BGTcom@wanadoo.fr

Company Contact
Jean-Michel Gliner, Chairman
Groupe Silicomp
Tel: +33-4-76-416666
e-mail: info@silicomp.fr