as of January 1, 2020.
Solid growth trend continues
Consolidated revenue
Solutions 30’s consolidated revenue for the first quarter of 2021 amounted to €225.2 million, up +19.0% (+15.4% organic growth) compared to the same period in 2020. The group’s maintenance business, which is recurrent in nature, represents 58% of the group’s revenue.
As in 2020, positive momentum in the telecommunications market continued to drive Solutions 30’s growth in the first quarter.
Revenue by region
France: Revenue from France in the first quarter of 2021 amounted to €142.1 million, a purely organic increase of +22.1%.
With revenue of €103.2 million, the telecom business was up 29% compared to the first quarter of 2020, thanks to the continued roll-out of the national fiber-optic network and an increasing number of subscribers.
Very strong revenue growth
After a strong start to the year, travel restrictions and the closure of some businesses during the first lockdown disrupted Solutions 30’s activities from mid-March to mid-May. Over these two months, revenue was 35% lower than pre-COVID levels. When the lockdown ended, most of the group’s markets quickly bounced back to their pre-crisis levels and Solutions 30 returned to sustainable growth by June, growth which continued throughout the year.
Solutions 30 was able to quickly adapt its call-out processes to deal with the health crisis, ensuring the safety of its employees and its business continuity. As a result, the group posted solid performance throughout the year, proving the resilience of its business model, its operational and financial flexibility, as well as its ability to seize new opportunities, especially in the telecom sector.
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Solutions 30 announces the arrival of Robert Ziegler as Chief Transformation Officer, member of the Management Board. His appointment, with immediate effect, was approved by the Supervisory Board of Solutions 30. Robert Ziegler will be tasked with accelerating the transformation and the structuring of the organization in line with its growth ambition.
Robert Ziegler spent 18 years at AT Kearney. During this period, he was involved in several large-scale infrastructure projects in the transport and logistics sector, before becoming Partner and Managing Director in charge of the European infrastructure and transport portfolio. He also founded AT Kearney s Middle East office in Dubai, where he spent five years building a very successful business and contributing to the development of infrastructure in the GCC Region. He then joined DHL International in 2015 as Chief Operating Officer of the Freight division, responsible for €4.5 billion in revenue, with over 40 million shi
Destabilization Campaign : Solutions 30 Files Defamation Suit
Solutions 30’s remarkable performance in 2020
1 once again demonstrates its solid fundamentals and promising outlook for growth despite the destabilization and misinformation campaign it is a victim of.
Solutions 30 has already filed a complaint with the French financial markets authority [
Autorité des Marchés Financiers] and with the national financial prosecutor’s office for the dissemination of false and misleading information and market manipulation, following the publication of an anonymous report containing a large amount of false and misleading information.
2
This information has been publicly disseminated and exploited by the hedge fund Muddy Waters, which in two letters dated January 25
Solutions 30’s remarkable performance in 2020
1 once again demonstrates its solid fundamentals and promising outlook for growth despite the destabilization and misinformation campaign it is a victim of.
Solutions 30 has already filed a complaint with the French financial markets authority [
Autorité des Marchés Financiers] and with the national financial prosecutor’s office for the dissemination of false and misleading information and market manipulation, following the publication of an anonymous report containing a large amount of false and misleading information.
2
This information has been publicly disseminated and exploited by the hedge fund Muddy Waters, which in two letters dated January 25
th and January 27