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.
SOLUTIONS 30: Solutions 30: 2020 EARNINGS REPORT
Revenue grew by 18% to €819.3 million
EBITDA margin increases to 13.0%
Net cash position of €59.2 million
Accelerating the group s transformation
Foundations reinforced to consolidate growth
Long-term outlook confirmed
Potential for growth underpinned by the digital transformation and the energy transition, and bolstered by European recovery plans
Solutions 30 SE today announces its consolidated earnings for the financial year ended December 31.
The Supervisory Board of Solutions 30, meeting on April 27, examined and approved the financial results for 2020, as approved by the Group Management Board. These results are still being audited. The complete consolidated financial statements, including the notes, will be made available as soon as possible. The financial presentation of the accounts will be available on the company s website at 2 pm on April 29th.
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.
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.