Valtech released Friday evening sales in the first quarter of significant increase from the year 2010, which was marked by a sharp slowdown in activity.
The IT services company has announced a turnover of 27.4 million euros in its first quarter 2011, up 45% over Q1 2010 and 20% at constant scope and exchange rates.
A performance which "confirms the beginning of turning the group started on the last quarter of 2010, "says the company.
However, there remain difficulties and points of awareness within the group, despite signs of recovery observed in different entities.
Ultimately, efforts continue to be focused on implementation of the turnaround plan, investments related to the repositioning of the group, as well as the integration of different structures, which continue to weigh on the group's profitability in the short term.
Around 9:50, the title Valtech loose 7.1% to below 0.3 euros on the Paris market.
The IT services company has announced a turnover of 27.4 million euros in its first quarter 2011, up 45% over Q1 2010 and 20% at constant scope and exchange rates.
A performance which "confirms the beginning of turning the group started on the last quarter of 2010, "says the company.
However, there remain difficulties and points of awareness within the group, despite signs of recovery observed in different entities.
Ultimately, efforts continue to be focused on implementation of the turnaround plan, investments related to the repositioning of the group, as well as the integration of different structures, which continue to weigh on the group's profitability in the short term.
Around 9:50, the title Valtech loose 7.1% to below 0.3 euros on the Paris market.