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The SII Group celebrates 40 years of technological compromise

The SII Group celebrates its 40th anniversary and, as part of the great technological multinational, SII Concatel celebrates with them this special day.

Under the slogan “Imagine the world of tomorrow with us”, the SII Group celebrates its anniversary. Present in 19 countries and 4 continents, its history is a story of constant growth and technological innovation.

Since 1979, the SII Group has witnessed the advancement of technology and has accompanied its clients on their way to Digital Transformation. Four decades later, the Group sets its sights on the future and reaffirms its foundational values: proximity, innovation and commitment to the quality of our products and services.

The SII Group releases its annual revenue figures for fiscal 2018-2019

Driven by its technology expertise, the SII Group has recorded yearly turnover of €631.4m for an increase of 12.6%, out-performing its reference market. The fiscal year has ended with a fourth quarter showing a nearly 11% increase from last fiscal year.

 

The SII Group has recorded yearly turnover of €631.4m for fiscal year ending 31 March 2019. Growth, which has been in the double digits for four straight years, has increased by 12.6% from fiscal year 2017/2018. 54% of turnover was generated in France, compared with 56% last fiscal year. For the whole fiscal year 2018/2019, organic growth was 13.1%, substantially outperforming the reference market.

International activity picked up over the course of the fiscal year with turnover of €289.5m, representing 46% of the SII Group’s total revenue. Business volume increased 17.7% from last fiscal year.

In the fourth quarter, international activity grew by 16.0% with turnover of €78.5m. This quarterly trend was mainly driven by performance in Poland (+27%), Chile (+114%), Canada (+59%), Spain (+15%) and Romania (+13%).

With turnover in line with expectations, the SII Group has met its objective of increasing the operating margin for the full fiscal year. With regard to trends in the sector and positive outlooks for 2019 published by representatives of the digital sector, the SII Group is confident that it will continue to grow.

Fiscal 2018-2019 third quarter revenue

The SII engineering consulting group has released its revenue figures for the third quarter of fiscal 2018-2019.

Management board chairman Eric Matteucci commented that: “In the wake of its first-half performance, the SII Group again posted quarterly growth, bringing total revenue for the first nine months to €458.8m. Our extensive line of services, combined with the dedication of our staff in assisting our customers, has helped the SII Group outperform the sector as a whole in terms of growth. Accordingly, we are confident that we can achieve our declared annual goals.”

Over the first nine months of its fiscal year, the SII Group’s revenue increased by 13.2 percent to €458.8m. Growth was sustained in France (9.1 percent) and strong in international operations (18.6 percent).

Business in the third quarter was up 11.8 percent from the third quarter of the previous year, with revenue totaling €163.2m. The improvement in the period reflects the Group’s strategy of securing and holding on to its clients, together with the value added by our teams, who incorporate new technologies as part of the services we provide.

Sustained business in France and elsewhere

Following a successful first half, revenue by the SII Group’s operations in France for the first nine months was up 9.1 percent to €247.8m. Quarterly sales totaled €89.8m (9 percent more than in Q3 of fiscal 2017-2018). All sectors contributed to this result (aerospace & defense, banking & insurance, energy, transportation, automotive and retail & distribution).

The SII Group’s international operations continued to expand at a rapid pace during the first nine months of fiscal 2018-2019, as revenue rose by 18.6 percent (including organic growth of 19.6 percent) to €211.0m. Third-quarter revenue, at €73.3m, was up 15.7 percent from the same period in fiscal 2017-2018. The operations contributing most to organic growth of 16.6 percent were those in Poland (32 percent), Canada (60 percent), Chile (35 percent) and Colombia (48 percent). Even though sales declined in Germany during the quarter, total business increased over the first nine months. Third-quarter growth was moderate in Spain, at 3 percent.

Outlook for fiscal 2018-2019

Considering the business generated over the first nine months of fiscal 2018-2019, the SII Group confirms its revenue guidance of between 625 and 640 million euros for fiscal 2018-2019 as a whole, with an improvement of its operating margin.

Gold Medal in CSR for the SII Group

For the sixth consecutive year, the SII Group has evaluated its CSR practices through Ecovadis, an international recognition related to sustainability standards as service providers.

Thus, as SII Group we have managed to increase our score by 4 points compared to the previous year, obtaining a 74 over 100, maintaining the qualification of “Advanced” in Corporate Social Responsibility issues, and therefore, receiving one more year the Gold certification.

It is already the sixth consecutive year that we managed to maintain a 1% above the average of companies in our sector of activity evaluated by Ecovadis.

Since the SII Group have conveyed their sincere congratulations and thanks to all those who have made it possible, one more year, get this certification, and encourage you to continue working for one of our main objectives, which is to achieve a cleaner world and sustainable for all.

 

2018 – 2019 first semester SII Group revenue

During the first semester of fiscal year 2018 – 2019, the SII Group recorded revenues of 295.65 million euros, which represents an increase of 14.1 percent over the same period of the previous year.

TAs indicated by the forecasts at the beginning of the period, the SII Group has continued its growth dynamics both globally and in most of its subsidiaries, with an operating income of 19.7%, reaching 20.35 million euros during this period , attributable in part to a notable improvement in revenues from international operations.

This growth has been reflected in an increase in revenues, as well as in hiring, with the addition of 606 new FUNgenieurs during this period, thus increasing the workforce by 7.5% compared to the first half of 2017 – 2018.

Regarding France as the Group’s subsidiary, revenues for the first six months of the year increased by 9.1 percent to 157.98 million euros. On the other hand, revenues from international operations soared to 20.3 percent, reaching a figure of 137.67 million euros. This means an increase of 44% to 47% in what international business represents in the Group’s total turnover.

Particularly noteworthy are the subsidiaries in Poland (where sales increased by 36% during the period), Spain and Germany (with an increase of 7% in their turnover) and Chile, which continues its growth registering a 6% increase with respect to the Same period of the previous year.

In the sectoral section, the aerospace and defense industry continues to be the sector that contributes the most volume of business to the group, with 22.3% of the total, while the banking and insurance sector, with an increase of 28% compared to the previous period, now represents 20.3% of the total turnover of the Group during this first semester of fiscal year 2018 – 2019.

Eric Matteucci, President of Grupo SII, comments in this video the results of the first semester 2018/2019 and the perspectives of the company with a view to the future:

“Eschuchamos a los edificios”

During last week, SII CVT Argentina, the subsidiary of SII Group in this country, organized some business breakfasts and other professional talks about Facility Management, a discipline in which we are experts, and we have our own smart tool ServiceONE®.

The first stop of this professional route was held in the Faculty of Exact Sciences, Engineering and Surveying of Rosario. This was followed by the two bussiness breakfasts in Rosario and Buenos Aires respectively. Miquel Nogué, Director of Product Development and Quality of SII Concatel, computer engineer, and Ideologist of ServiceONE®, led all these professional meetings under the title “Listen to the buildings”. During these meetings, Nogué introduced the listeners in the discipline, and then he analyzed the importance of having a suitable technology to achieve a good management of buildings.

‘From a good management tool, the Facility Manager can obtain different kinds of data, turn it into information and generate personalized reports to draw conclusions and make strategic decisions.’ (Miquel Nogué)

So, Nogué exposed the importance of knowing how is the use of the spaces of an infrastructure, because having a record of this information enable the Facility Manager to optimize the use of each space. Therefore, the Facility Management aims to offer the highest quality to the users of an infrastructure, by obtaining total efficiency and effectiveness in all processes that are generated from an organization.

So, this series of business events have undoubtedly represented a great opportunity for the company in its objective of strengthening the international distribution of ServiceONE®, especially in Latin America.

The SII Group publishes its Annual Activity Summary for the year 2017-2018

The SII Group has published its Annual Activity Summary for the year 2017-2018, a document that includes information on the commitments, values, innovation and annual financial results of each of the group’s headquarters.

 

For the 2017-2018 year, the SII Group, has consolidated a turnover of € 560.9 million, resulting in a net benefit for the group of € 25.8 million. These good results are due to the broad experience that the group has in the innovation of the Information and Communication Technologies sector, which leads its clients to trust in the company year after year, through its different venues.

As the members of the Board of Directors Group affirm, the key to the company’s success lies in four pillars:

 

  • Accompanying customers geographically, building a correct balance between the proximity of projects and the globalization of them. Thus, Grupo SII has a presence in 18 countries on four different continents, with 78 locations.
  • Technologically accompany customers, as the group’s commercial offer is constantly enriched to offer new knowledge and future technologies.
  • Invest in methodologies and create experience
  • The sustainable registration of the SII Group in its social environment, through a responsible social policy that favors the individual over the organizations.

For more information about the SII Group, access the full document here.

From SII Concatel Spain we are proud to be part of a group that is constantly growing.



            

SII Groupe announces its annual financial statements for fiscal 2017-2018

  • Income from operating activities up 14 percent
  • Net income up 15.2 percent

The SII Groupe  has released its financial results for the 2017-2018 fiscal year. They were approved by its Management Board on June 4, 2018 and are currently being audited.

Management board chairman Eric Matteucci commented that “Fiscal 2017-2018 was highlighted by a sharp acceleration of growth in France and in international operations. In addition to strong organic growth, the Group benefited from the addition of Feel Europe, which bolsters SII’s position in the banking and insurance sector. Helped by sound fundamentals, SII expects organic growth of between 11.5 and 14 percent next year, and anticipates that its operating margin will continue to rise thanks to efforts aimed at improving profit margins at Feel Europe, and in international operations. “.

Annual revenue for fiscal 2017-2018 surpasses target

Revenue for the year ended March 31, 2018 totaled €560.90m, well above the announced estimate of €545m. The 15.6-percent organic growth was remarkable considering that the period had fewer working days (five less than in fiscal 2016-2017). With the additional impact of the acquisition of Feel Europe (which generated revenue of €53.9m), the Group posted growth of 27.8 percent for the year.

Added staff and effectiveness of local offices

The expansion of the SII Group’s business has caused it to increase its hiring. At the end of the year, it employed a total workforce of 7,552 persons, up from 6,775 at the end of the previous year. The increase in the average headcount in France accelerated during the period to 8.3 percent, from 7 percent the previous year. With 22 local offices, the SII Group is well represented throughout France, where 70.1 percent of its staff is based outside the Paris area.
Also in France, the average billable hours ratio (excluding paid vacations) improved by 0.7 points over the period, ending at 91.3 percent, compared with 90.6 percent the previous year.

Improved profits

Gross income from operations for fiscal 2017-2018 was €39.9m, representing an operating margin of 7.1 percent. As anticipated, profitability was affected by the higher number of holidays during the period, which were only partially offset by the improvement in billable hours. Operating income was also temporarily affected by the dilutive impact of Feel Europe. The Group has taken the needed steps to achieve its aim of improving margins at that subsidiary by 2019.
Thanks to the year’s strong performance, SII’s net income improved by 15.2 percent to €25.8m for the period ended March 31, 2018.

With a higher cash flow in fiscal 2017-2018 (up 9.6 percent to €25.3m) boosted by growth in the business, the Group had net cash of €20.1m at the end of the year, while its equity increased to €142m.

Proposed dividend of €0.15 per share

In keeping with its dividend distribution policy, SII will propose to the annual shareholders’ meeting on September 20, 2018 that it approve a payout of €0.15 per share, higher than last year.

Outlook

With the market for its services still expanding, the SII Group expects to continue its development and anticipates organic growth of between 11.5 and 14 percent in fiscal 2018-2019, which would generate revenue in the range of €625m to €640m. A more auspicious calendar (one additional working day) and the expected gradual improvements in profitability at Feel Europe and international operations cause SII to project an increase in its operating margin for fiscal 2018-2019.

The SII Group has released its annual revenue figures for fiscal 2017-2018

    • Annual revenue at €560.9m for fiscal 2017-2018 exceeds guidance.
    • Growth remains sustained at 27.8 percent, including organic growth of 15.6 percent

Management board chairman Eric Matteucci commented that “The SII Group’s revenue for the year was up 27.8 percent to €560.9 million, exceeding our target of €545 million. Organic growth reached 15.6 percent, well above the average for our sector. Results for the fourth quarter were in line with those of the first nine months of the year. I wish to thank all our teams, in France and abroad, for their strong commitment, and all our clients who have remained loyal to us for many years. Our results confirm the fact that we have followed the right strategy and make us confident about the continued development of the SII Group.”

The SII Group reported revenue of €560.9m for the year ended March 31, 2018, exceeding its own forecast and up 27.8 percent from fiscal 2016-2017.

Feel Europe, whose full results were included in consolidation for the first time, contributed revenue of €53.9m (including organic growth of €4.6m). For the year as a whole, organic growth amounted to 15.6 percent, a remarkable result given that the period had significantly fewer working days (5 less than in fiscal 2016-2017).

Marked growth in France

Business in France generated revenue of €314.97m. Excellent results in the Group’s traditional lines of business combined with the addition of Feel Europe to produce growth of 33.8 percent there, including organic growth of 12.8 percent.
In the last quarter of the fiscal year, sales reached €87.73m, a 26.5-percent improvement (including 13.2 percent on a like-for-like basis) over the same period in fiscal 2016-2017.

Continued expansion of international operations

Revenue from international operations increased by 20.9 percent (of which 19.4 percent was organic growth) from the previous year, to €245.93m. Business in Poland, which accounted for 21.6 percent of the Group’s annual revenue, continued to grow significantly (by 35 percent to €121.3m for the year). In Germany, where revenue was unchanged during the first half, it finished the year up 9 percent, helped in part by expanded activities and a favorable base effect for Cadcon’s traditional business. Revenue in Spain was up 7 percent for the year. Operations in other countries also contributed to growth, including in Romania (up 12 percent), Canada (up 249 percent), Morocco (up 69 percent), Colombia (up 34 percent) and The Netherlands (up 26 percent).
In the fourth quarter alone, revenue from international operations rose by 23.5 percent to €68.01m, largely due to organic growth of 20.1 percent.

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