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Devoteam 2013 annual results

2013 annual results slightly above target

Devoteam (NYSE Euronext Paris: DVT) announced revenues of € 453.5 million and an operating margin of € 17 million for the year ended December 31st 2013. The Group share of net income stood at € 5.4 million. It rose substantially from the 2012 figure, mainly driven by the profits from divestment of subsidiaries.

Stanislas de Bentzmann, Co-CEO of Devoteam commented: “Remaining faithful to the objectives of the EAGLE strategic plan, 2013 has been a year of profound transformation for the Group, materialized by divestment of some subsidiaries, and by the renewal of our offer portfolio. In 2014, we will focus on energizing our recruitment policy, accelerating the development of our offers and further work to improve the fundamental economics of our services.

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