Continued High Organic Growth for SII SII truly impressed us with its high organic growth in
SII – Impressive Growth thanks to Poland and Staff Augmentation
French IT and ER&D services vendor, SII, had an impressive growth in Q1 FY23 (corresponding to calendar Q2 22). Year-on-year organic growth reached 27.5%, despite demanding comps (Q1 FY22: +27.1%).
SII Achieves Its Highest Profits Ever
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SII Performed Very Well This Quarter. Really?
At first glance, SII performed very well during calendar Q3 2020 (corresponding to its Q2 FY21). Revenues were down by only 4.5% yoy at cc/cs. By comparison, Alten’s revenues were down by 19%! SII continued to overperform its French and European peers by a very significant margin.
Poland Continues to Shine at SII in H1 FY20
SII improved its profitability in H1 FY20 despite its reorganization
investments. Its adjusted operating margin was up by 30 bps to 7.2%. France’s margin remained low to 5.6%, improving slightly by 20 bps.
SII’s revenue growth continues to erode in Q1 FY20
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SII makes an historic change to its business model
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SII’s growth erodes in Q4 FY19 but remains very solid
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A slight slowdown for SII in Q3 FY19
SII’s growth in Q3 FY19 slowed down a bit: revenues were up 11.8% yoy and up 12.3% yoy at CC/CS (H1: +14.5% at CC/CS). The relative slowdown came from international operations (+16.6% at CC/CS in Q3, vs. H1: +21.2%), while France was stable at +9.0% in Q3 (H1: 9.1%).
Spotlight on Luxoft’s ER&D services capabilities: Digital Enterprise
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SII improves its profitability in H1 FY19, somewhat
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SII Continues to Grow in Double Digit Figures
The revenue growth of SII slowed down slightly in Q2 FY19: revenues were up 14.6% yoy
SII Continues to Impress in Q1 FY19
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