IEC (equipment and services)
December 2010 – By taking over Genedis, IEC reinforces its position in the sector of unified communication, videoconferencing and telepresence
IEConnecting People announces the takeover of assets (among which the business and the trademark) of Genedis for ca €450,000, pronounced on December 8th at the Commercial Court of Bobigny, as well as the reinforcement of its teams with 40 employees from Genedis. This operation allows IEC Professionnel Media to consolidate its offer in the growth sectors of videoconferencing, unified communication and telepresence.
December 2010 – Simplified takeover bid
NYSE Euronext Paris informed the Autorité des Marchés Financiers (the French Financial Markets Authority) that as of December 21st, 2010, deadline for the deposit by the financial intermediaries of the orders presented to the simplified takeover bid within the scope of a takeover program by IEC PROFESSIONNEL MEDIA of their own shares at the unit price of €1.20, they have received in deposit 1,628,301 IEC PROFESSIONNEL MEDIA shares. The number of shares presented in response to the simplified takeover bid, i.e. 1,628,301 shares, being lower than the number of shares that IEC PROFESSIONNEL MEDIA had committed themselves to take over (2,247,678 shares, i.e. 10% of the capital of the company), all the takeover demands will be kept up.
November 2010 – The group’s activity has been stable on the 3rd quarter 2010
The turnover for the 3rd quarter 2010 amounts to €38.9m, versus €38.5m on the 3rd quarter 2009.
The cumulated turnover as of September 30th 2010 of the « Design, integration and audio video » activity decreased by 1.1% compared to September 30th, 2009 and amounts to €98.2m over 9 months compared to €99.4m the year before. This sector, which includes shipboard systems integration for cruise liners, is strongly impacted by the decrease in activity of the St Nazaire shipyards (STX France SA) and therefore, by the decrease of HMS SA in France which has a turnover of €3.9m as of September 30th 2010 versus €8.1m as of September 30th 2009. The other companies of the sector, including HMS SA in Italy, show a turnover increase of 3.3%.
The turnover of the “Import and distribution of equipment for audio video broadcasting” amounts to €9.9m as of September 30th, 2010, an 18% increase compared to September 30th, 2009. This activity had been particularly affected in 2009 by the global economic context.
August 2010 - 1st quarter results
Basically, the companies of the Group resisted well to the sluggishness of the global economic context and carried on with their efforts to improve very significantly their productivity. As a result, there are positive gross and net operating income at a level never been reached on the historical 1st semesters, even when the turnover was higher. The group’s turnover as of June 30th, 2010 is relatively stable compared to the 1st semester 2009 (€69,324k as of June 30th 2010 compared to €69,343k as of June 30th 2009).
The turnover of the «Design, integration and audio video services» sector decreases by 2.16% to amount to €62,935k as of June 30th 2010 (versus €64,322k as of June 30th 2009), while the one of the « Import and distribution of equipment for audio video broadcasting » sector increases by 27.25% and ends up at €6,389k as of June 30th 2010 (versus €5,021k as of June 30th 2009).
May 2010 – Good results for the 1st quarter 2010
The turnover of the 1st quarter 2010 amounts to €35.7m, compared to €31.5m for the 1st quarter 2009, i.e. a 13.24% increase.
The turnover of the « Design, integration and audio video services » activity increased by 12.31% to amount to €32.7m as of end of March 2010. The 1st quarter 2009 had suffered a strong slow down due to the global economic context. Even if the 1st quarter 2010 is encouraging, the activity’s improvement results more from a seasonal concentration effect and from part of the 4th quarter 2009 activity partially being brought forward to 2010, rather than from a real economic recovery. The « Design, integration and audio video services » activity also includes shipboard systems integration for cruise liners (subgroup of HMS). The turnover of this subgroup is increasing by 24.87% compared to the 1st quarter 2009 and reaches €11.5m as of March 31st 2010.
The turnover of the « Import and distribution of equipment for audio video broadcasting » sector amounts to €2.9m, a 24.85% increase compared to the 1st quarter.
April 2010- 2009 results
As of December 31st 2009, the consolidated turnover amounts to €145,275k compared to €152,246k as of December 31st 2008. Yet, the yearly turnover decreases by 5.52 % on a comparable basis (excluding
Preview GM System) in a difficult economic context. Nevertheless, whereas 2008’s turnover had increased by around 4% compared to 2007, the margins of the audio video general activities had been strongly eroded in particular starting from the 4th quarter; in 2009 the margins have been preserved. The turnover including Preview GM System is going down by 4.58 %.
The turnover of the « Design, integration and audio video services » activity has decreased by 4.86 % on a comparable basis. This activity includes the shipboard systems integration for cruise liners which turnover has increased considerably to €40,834k as of December 2009 versus €30,747k in 2008. This increase is mainly due to a strong growth of the activity of the French firm which turnover decreases from €10,852k in 2009 versus €6,451k in 2008.
The turnover of the « Import and distribution of equipment for audio video broadcasting» activity amounts to €12,951k in 2009 compared to €13,169k in 2008, a 1.66 % decrease. This activity has been successful during the 2nd semester 2009 and has therefore almost made up for the cumulated 15% turnover loss of the 1st semester 2009 compared to the 1st semester 2008.