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Systems Integrators in Europe – The Top 700
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years and has just completed hardware, software, service and
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wInnErS loSErS

1
Novabase +42%
1
Lintec Info Tech -85%
Novabase has been rising steadily for a while due to stakebuilding, but
Lintec collapsed, with a management buyout not coming to anything,
its latest figures helped. Portuguese IT services group Novabase SGPS
after the holding company ran out of money. LINTEC AG and LINTEC
said net profit climbed 79.4% to €2.6m in the first quarter from €1.4m a
services GmbH have ceased trading. The bits left - chiliGREEN
year earlier as revenues jumped 19.4% to €77.2 m from €64.7m. Earnings
computers GmbH and HSC GmbH can continue with the aim of trading
rose 23.4% to €6.3m from €5.1m as the EBITDA margin expanded in all
or being sold, says the local insolvency court.
three business areas -- Novabase Consulting, Novabase Digital TV and
Novabase Engineering -- versus the previous quarter.
www.lintec.de
www.novabase.pt
2
Altran Technology +33%
2
Business et Decision -29%
Earlier this month, Altran said it had now fully covered its refinancing Having announced profits rising some 25% last year a month or so
needs thanks to a new credit line and would use the cash from a recent ago, some profit taking was expected, but the company has also made
rights issue to finance its development. Then the French technology con- investments in global R&D, an enhanced datacenter and increased
sultancy reported a 3.6% rise in like-for-like first-quarter sales, driven by
operating expenses associated with opening new geographical sites.
a 9% increase in turnover in France. Sales rose to €408.5m from €394.3m
There is no sign of competition slacking in its key markets of BI, CRM
a year earlier.
and e-Business.
www.altran.com
www.businessdecision.com
3
Pervasive Software +33%
3
Avnet -21%
Figures were good, and it reported channel adoption trends for version
It is unusual to see such a big name in this list, but these are difficult
10 of its PSQL database have been quite positive in the first six months
times. Avnet warned investors its earnings would be well below earlier
since its launch and it has just released the beta version of a product targets. And it has made a $150m (€96.5) offer to acquire Irish Horizon
certified for Windows Server 2008. With positive cash-flow, it has been Technology Group PLC, having just completed the acquisition of U.K.
buying back its shares, which always helps. distributor Azzurri Technology Ltd. This is a race to get as big as possible
as soon as possible.
www.pervasive.com
www.avnet.com
02 may 2008 31
It0808 - 26-31_financials.indd 31 30/04/2008 11:48:40
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