1er semestre 2007

Marseilles, 15 April 2016
2015 annual results
Resilient performance within a declining economic climate
IFRS – €m
2015 *
2014
Revenue
272.0
284.7
Supplies used in operations
(122.1)
(128.4)
Staff costs
(97.3)
(91.2)
External charges
(31.0)
(33.9)
Current operating profit
10.6
17.9
Net financial income / (expense)
0.5
(1.5)
Profit before tax
11.4
15.3
Tax
(4.9)
(6.0)
Consolidated net profit
6.5
9.3
Net profit attributable to the Group
5.1
7.9
In an environment significantly impacted by declines in the oil and gas and mining
sectors (representing a €15.7 million shortfall in revenue) and exchange rate
depreciation, the Group was successful in maintaining strong commercial
momentum, with 8% growth in the order book to US$466 million in 2015, up from
US$432 million in 2014.
CIS had annual revenue of €272 million, down 4.5%. At constant exchange rates,
revenue for the period contracted marginally by 1.8% to €280 million.
Despite lower sales and pressure on margins from its customers, CIS succeeded in
maintaining current operating profit at €10.6 million. This result reflects a 3.8 point
increase in labour costs (primarily in Algeria after changes in social regulations) though
partially offset by good controls over purchasing costs and external charges.
After taking into account net financial income, consolidated net profit was €6.5 million
and attributable net profit came to €5.1 million.
The Group's financial structure remains solid: shareholders' equity stood at €64.9 million
for €12.8 million in financial debt and €44.2 million in net cash with €6.9 million in net
cash flow from operating activities for the period.
2015 dividend: €0.12 per share
The Board of Directors will propose to the General Meeting of 6 June 2016 a net
dividend per share of €0.12 (which is a payout ratio equivalent to 2014).
Outlook:
CIS has implemented an offensive strategy with multiple growth drivers to increase its
positions in the oil & gas, mining and major infrastructure project segments, reinforce
its position as a provider of services for armed forces and accelerate development in
high potential geographic markets by multiplying partnerships and making
acquisitions.
*The Board of Directors met on 15 April 2016 to adopt the Group's financial statements for the year ended 31 December
2015.
*The statutory auditors have completed their procedures for these accounts and their reports for certification are in
the process of being issued.
CIS, international reach, local engagement
CIS is specialised in providing catering, accommodations and facilities management services for
companies operating in extreme environments. Present in nearly 30 countries with 200 operating sites
and a global workforce of almost 12,000, CIS has a strong commitment to contributing to the economic
and social development of local populations and countries where it operates. CIS meets the highest
industry standards in the areas of health and safety, sustainable development and industrial security,
while contributing to the lasting prosperity of the local populations living near its sites.
Next press release: 27/4/16 after the close of trading: 2016 Q1 sales
Euronext Paris Segment C - ISIN FR0000064446 - CAC All-Tradable, CAC Mid & Small
Reuters CTRG.PA - Bloomberg CTRG: FP
www.cis-catering.com
Contact:
CIS
Claire Defendini
+33 (0)4 91 16 53 00
[email protected]
ACTIFIN
Christophe de Lylle
+33 (0)1 56 88 11 11
[email protected]