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%), 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.