|By PR Newswire||
|April 10, 2014 02:01 AM EDT||
CERGY, France, April 10, 2014 /PRNewswire/ --
With a volume of almost one billion in total sales acquired in Germany and Northern Europe, SPIE took a major step forward in 2013. Notwithstanding a difficult economic context in France, the year was very satisfactory in terms of order intake, margins, and available cash flow.
This has enabled SPIE to continue to stay ahead of its roadmap and thus contemplate an IPO.
Production: €4.6 billion (+10.9%)
Adjusted operating profit (EBITA): €298 million (+13.8%)
External growth: €921 million in full-year production
Order intake at 12/31/2013: €4.8 billion (+13.4%)
Consolidated production increased by 10.9% to €4.6 billion, reflecting the strength of external growth in North-western Europe. During the year, €921 million of full-year production was achieved, including €656 million in Germany and Central Europe turned in by Hochtief Service Solutions, now SPIE GmbH.
This transaction has made Germany the leading market for SPIE outside France, and allows the Group to offer its customers one of the most complete European networks in its industry.
Production (EURm) 2012 2013 increment% France 2,500.4 2,446.6 -2.2 Germany and Central Europe 63.4 296.3 + 367.6 North-western Europe 892.0 1,054.8 + 18.2 Oil & Gas and Nuclear 658.7 764.8 + 16.1 TOTAL 4,114.5 4,562.6 + 10.9
In an uncertain context in 2013, France maintained its margins despite a slight drop in production. In North-western Europe, results in the United Kingdom continue to improve, while Belgium and the Netherlands achieved good performances, particularly in the industrial sector. Nuclear and oil & gas services continued to enjoy strong growth with promising prospects. The SPIE teams once again demonstrated their ability to preserve the Group's margins and to ensure solid generation of cash flow.
SPIE debt continued to be closely monitored in 2013. Net debt/EBITDA ratio fell to 3.9 by 2013 year-end, well below bank commitments.
EBITA increased by 13.8% to €298 million. This represents the ninth consecutive year of improvement, a result that places SPIE at the top of its industry and reveals the quality of the Group's positioning in its four strategic market segments: Smart city, Industry services, Energies, and e-fficient buildings.
Present in the strategic sector of sustainable transport in support of urban systems operators, the Group undertook commitments to the Lyon urban agglomeration (Grand Lyon) and participated in the European Opticities program, aimed at streamlining commuter travel operations. In Belgium, a three-year, 15-million euro contract was signed with the city of Liège in order to improve the fluidity of motorway traffic and the safety of users.
Several Public-Private Partnerships have also been signed with a view to long-term redevelopment of urban infrastructures, particularly public lighting, as well as municipal buildings. In Haute-Savoie, for example, the City of Annemasse received the Sustainable Development Marianne d'Or Award. SPIE also benefited from dynamic markets, including the medical services market, with for example the Children's Hospital in Cardiff and the Cancerology Institute in Angers, and the retail market, with a new BREEAM In-Use shopping mall. In communications, SPIE developed numerous projects in 4G deployment and fibre-optics (FTTH) and urban digital services. Always very active in communications networks and data centers, SPIE acquired the IS&P (infrastructure services & projects) business of the KPN Group in the Netherlands. Lastly, it continued to innovate in electrical mobility and alternative transport.
Buoyed by the growing requirements for decreased energy consumption and process improvement, SPIE is working with its industrial customers all along the value chain. Major contracts were signed for implementation in France of an assembly line for the future A320 Neo and the construction of the new Airbus A350 facility, and for assuming the full responsibility for the setting of a new Audi plant in Germany, according to the BlueFM environment-protection process developed by SPIE GmbH. The Group has also been meeting specific sector needs, for example in fine chemistry for a cosmetics plant near Basel. More broadly, SPIE has strengthened its European industrial synergies. The Group now has the capacity to federate its resources on the European level, and to develop its tools and its purchasing strategy in sub-contracted services in order to work with its pan-European clients.
SPIE's nuclear activities benefited in France from a market that is clearly oriented thanks to the post-Fukushima changes and preparations for the Grand carénage (NPP overhaul) operation of EDF, scheduled for 2015. In the United Kingdom, the Group was qualified to provide certain air conditioning and electrical services for the two future EPR™ reactors at the Hinkley Point C site. The Group continued its rapid growth in the international oil and gas markets. Well established in West Africa, SPIE has benefitted from the redeployment of its activities in the Middle East and steady growth in the Asia-Pacific area. In the renewable energies and electricity distribution grids sectors, the Group's business benefitted from the proliferation of regional contracts and the significant rise in the number of structuring projects to increase production capacities.
Being well-positioned in the promising sectors of energy-efficiency and information, communications, and automation systems for buildings, the Group has developed its global offering of Technical Facility Management services. In Brussels, Cofinimmo retained SPIE to provide complete maintenance and operation for the technical facilities of 13 office buildings for a period of five years.
Outlook for 2014
SPIE now has major advantages that will allow it to derive the greatest possible benefits from its European dimension, and it should soon be realizing approximately half of its production outside France. The Group has a solid foundation in its business model, which is based on recurrent revenues originating for the most part in the operating budgets of its customers, chiefly in Technical Facility Management and energy efficiency, and a tight management that enables it to continue steady growth in its strategic markets.
Now more than ever, SPIE will continue its commitment to providing innovative services oriented toward the Green economy and the contribution of smart systems to infrastructures and buildings.
"In 2013 the efforts of each and every one of our staff enabled us totake a major step forward in Europe and to advance towards our objective of an IPO. In this way we can reaffirm our ambition to make SPIE the independent leader in multi-technical services in Europe," said Gauthier Louette, Chairman and CEO of SPIE.
As independent European leader in the areas of energy and communication services, SPIE supports its private and public-sector customers to design, build, operate and maintain facilities that are more energy-efficient and environmentally friendly.
SPIE's 37,000 employees work from nearly 500 locations in 31 countries and in 2013 SPIE posted production of €4.6 billion over its four strategic segments "Energies", "e-fficient buildings", "Smart City" and "Industry Services" and generated adjusted operating profit (EBITA) of €298 million.
1. Growth compared to published figures for 2012. Growth in relation to 2012 production, restated pursuant to Standard IFRS 5, comes to +11.1%.
2. Growth compared to 2012 EBITDA, restated pursuant to Standard IFRS 5 and IAS 19 amended, comes to +10.9%.
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Aug. 27, 2016 12:45 AM EDT Reads: 2,920
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
Aug. 27, 2016 12:45 AM EDT Reads: 2,136
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Aug. 27, 2016 12:15 AM EDT Reads: 2,250
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Aug. 26, 2016 11:15 PM EDT Reads: 1,743
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Aug. 26, 2016 10:45 PM EDT Reads: 2,057
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Aug. 26, 2016 10:00 PM EDT Reads: 1,838
Kubernetes, Docker and containers are changing the world, and how companies are deploying their software and running their infrastructure. With the shift in how applications are built and deployed, new challenges must be solved. In his session at @DevOpsSummit at19th Cloud Expo, Sebastian Scheele, co-founder of Loodse, will discuss the implications of containerized applications/infrastructures and their impact on the enterprise. In a real world example based on Kubernetes, he will show how to ...
Aug. 26, 2016 09:15 PM EDT Reads: 1,425
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 26, 2016 07:15 PM EDT Reads: 396
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Aug. 26, 2016 07:00 PM EDT Reads: 697
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Aug. 26, 2016 07:00 PM EDT Reads: 652
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Aug. 26, 2016 06:00 PM EDT Reads: 1,924
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...
Aug. 26, 2016 05:00 PM EDT Reads: 667
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Aug. 26, 2016 04:45 PM EDT Reads: 1,532
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Aug. 26, 2016 04:30 PM EDT Reads: 2,309
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Aug. 26, 2016 04:00 PM EDT Reads: 3,932