Devoteam Group published its financial results for H1 2019

  • Operating margin at 9% of the revenue
  • Operating income growing 10.7%
  • Acquisition of PowerData in Spain to strengthen the European positioning on Smart Data

Devoteam (Euronext Paris: DVT) reported revenue of €373.3 million in the first half of 2019, with an operating margin at 9.0% of the revenue.

Growth areas

The Group’s growth is driven by its strategy carried out with its key partners, by strengthening its investment in employee certifications. Devoteam has more than doubled its number of certifications over the course of one year to reach 1,500 at the end of H1 2019.

As a result, Devoteam received new awards including “Application Development” specialisation with Google, Microsoft “2019 Country Partner of the Year” prize in Luxembourg, and Amazon’s “Well-Architected Framework” competency.

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