SII: Organic growth of 27% in 2021-2022

(AOF) – SII Group achieved revenues of 828.9 million euros for the 2021-2022 fiscal year (ended at the end of March), up 26.7% (+27% on a flat basis and at constant rates). This historic performance was achieved in an uncertain context still troubled by the health crisis and, more recently, by the geopolitical situation in Ukraine. In the last quarter of the fiscal year, turnover exceeded EUR 200 million for the second time in a row, at 239.9 million, an increase of 30.7%.

During the full year, international revenues reached €445.5 million, showing an increase of 31.5%. All countries contributed positively to this performance: Poland (+33.8%), Spain (+27.9%), Germany (+1.0%), Romania (+58.7%), Chile (+41.8%), Belgium (+89.6%) of which +10.2% organic), Canada (+31.2%), United Kingdom (+46.3%), Morocco (+45.4%), Czech Republic (+62.4%), Netherlands (+10.0%) and Colombia (+22.1) %).

“Our team in Ukraine (30 people), which supports projects started in Germany, continues its activity with great difficulty”, specifies the IT services group.

The group also said it would show an improvement in its operating margins compared to the level before the health crisis. SII will specify its annual ambitions for 2022-2023 when publishing its annual results, but intends to continue driving significant organic growth over the next fiscal year.

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