Staff&Line ahead of annual guidance, with 54% growth on first nine months of 2006
Noisy-le-Grand, 14 November 2006 - Staff&Line, the European specialist in IT Management (management of IT infrastructures), reports consolidated sales for the third quarter of 2006.
The figure for first nine months reveals robust yearly growth trend
For the first nine months of 2006, Staff&Line has posted a 54% surge in consolidated sales to €6.49 million. Staff&Line has thus exceeded its first-nine month guidance and nearly attained sales for the entirety of last year, i.e. €6.7m. Internal growth for the period came to a healthy 13%, fuelled by our successful drive to boost French market share. License sales, boasting the largest margins, rose 21% on this same period.
Outstanding third-quarter sales
Consolidated third-quarter sales came to €2.115 million, up 46% year-on-year. These figures account for the typically difficult month of August
A greater lead in product technology and a footprint in the major European markets: key advantages for continued growth.
The firm’s strategy of becoming leader in Europe via external-growth moves, the quick establishment of experienced local sales forces and the use of an already existing client base is already producing results. Staff&Line, a leading player in this market, benefits from a software solution powered by strong technological innovations. The company’s positioning in Europe now represents a genuine alternative to the major American players in this sector.
The first sales of EasyVista in southern European and the conclusion of the SAM UK acquisition on 30 October are enabling Staff&Line to benefit from this strategic focus as of this year.
In regard to Staff&Line:
Staff&Line has positioned itself as a specialist on the IT management market since its creation in 1988. The company is developing a range of EasyVista applications for organisations of all sizes covering the entire life cycle of IT assets, including: incident and problem management, change management, configuration management, inventory, portals for users and tele-distribution. EasyVista is certified ITIL compatible by the independent certification organisation, PinkElephant. With operations in France, Italy, Spain, Portugal, and the United States Staff&Line boasts over 3,300 clients in the banking, insurance, industrial, office, public administration, IT outsourcing and advisory sectors. Staff&Line is a founding member of itSMF France and a member of AFDEL (Association Française Des Editeurs de Logiciels). Staff&Line is listed on the Paris Stock Exchange (Alternext). For further information, please visit us at www.staffandline.fr
