Devoteam posts 9% organic revenue increase in Q1, expects negative growth in Q2

Friday 22 May 2020 | 11:27 CET | News
IT services group Devoteam reported first-quarter revenues of EUR 207 million, up 8.9 percent year-on-year on an organic basis (+9.2% in Q4). Geographically, all regions posted positive growth with the exception of Central Europe, which was impacted by the reorganisation of activities in Germany implemented at the end of 2019. Devoteam's core French market accounted for 46 percent of first-quarter revenues, posting an organic growth rate of 7.2 percent (+7.4% in Q4). 

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Categories: IT
Companies: Devoteam
Countries: France / World
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