Talentia Software announces growth in turnover and earnings

Talentia Software announces growth in turnover and earnings

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Strong international growth continues in software and services.

Talentia Software, a leading supplier of HR and finance software, announces a rise in its overall turnover of 1.2%, to € 54.3M, matching the Group’s forecasts. The EBITDA is at € 10.3M compared with € 10.1M in 2013. (Unaudited figures)

“Our earnings are in line with our targets, for the 8th consecutive year, despite an economy still unfavourably impacted by the crisis; these earnings validate the Talentia Software Group’s strategic decisions,” according to Bernard Peugnet, Group CFO. “Our subsidiaries are moving ahead steadily and provide the necessary foundation on which we can base our future growth with our product line which, thanks to our 90 employees in our R & D department, is constantly evolving to suit market needs.”

Start of a readjustment: International Software and Services

Historically present in France with both software solutions and services, Talentia Software is now undertaking a strategic readjustment with two main focuses: international growth that is both organic and open to acquisition opportunities, and progress in its core business, the development and provision of software solutions for all markets in which the Group operates.

This readjustment began in 2014 with 24.8% of turnover coming from international activities, which is expected to double in the medium term, whereas licence sales are up 6.6% overall, with a growth in turnover from recurrent activities going from 25.1M to 25.7M Euros (+2.3%), and in particular continued growth in SaaS (Software as a Service), which rose by 10.3% to more than 6.6M Euros.

A Complete, Modular Line of Solutions

Now with a complete line of solutions meeting the needs of  organisations of all sizes and Talentia Software’s expertise, the Group is continuing its growth in two strategic product lines with definite international potential: Talentia CPM, a corporate performance management software solution which supports key financial processes including reporting, budgeting, forecasting, consolidation and intercompany and Talentia HCM, an advanced talent management and HR software solution encompassing functionality to support the entire employee life cycle.

These completely integrated, modular Talentia Software solutions, perfectly suited to clients’ needs, are available in multiple languages through a SaaS or licence model.