Correction

SII : Fiscal 201-2020 third quarter revenue up 8.9 percent

Paris, February 11, 2020 – 6 p.m.

Fiscal 201-2020 third quarter revenue up 8.9 percent

Growth of 4.3% in France
International business up 14.2 percent
Confirmation of Guidance

The SII engineering consulting group has released its revenue figures for the third quarter of fiscal 2019/2020.

Management board chairman Eric Matteucci commented that: “The dynamic first half growth of the SII group continued, resulting in revenue of €499.46m for the first three quarters".  SII group global performance was again good in the third quarter. Business was driven internationally thanks to the Group's geographic diversification strategy. SII group growth remains in line with its development program. We are therefore confident of meeting our announced annual targets."

In €m 3rd quarter (to December 31)	2018-2019	2019-2020	Change	Organic growth*
First quarter revenue	147.61	162.57	+10.1%	+10.4%
Second quarter revenue	148.04	163.33	+10.3%	+10.5%
Third quarter revenue	163.16	173.56	+6.3%	+6.4%
Nine-month revenue	458.81	499.46	+8.9%	+9.0%
Of which : France	247.82	258.43	+4.3%	+4.3%
Of which : International	210.99	241.03	+14.2%	+14.5%

* Excluding acquisitions and the effect of exchange rates (2018-2019 exchange rates applied to 2019-2020 revenue)

Dynamic teams and client confidence allowed the SII group revenue to post three quarter revenue of €499.46m (+8.9%). Growth continues both in France and internationally with revenue up 4.3% and 14.2%. Third quarter revenue was €173.56m, a rise of 6.3% year on year.

Business driven growth in the first three quarters

SII group revenue in France was €258.43m in the first three quarters of the fiscal year (+4.3%). Final quarter business produced revenue totaling €89.23m (-0.7% on Q3 2018-2019). The business environment for the sector in France, combined by one less billing day than in the previous period, impacted business but did not compromise the Group's global prospects.