News
Pentalog revises upwards by 4 points the rate of increase of its 1st quarter sales figure to 24%. In the 2nd quarter, the group predicts a 24% increase as well, and foresees a slight acceleration of increase in the 3rd and 4th quarters. These figures remain below the objective foreseen for the entire year but they indicate the commercial strength of Pentalog Group. They reinforce Pentalog's no. 1 position of the nearshore sector in France. The sales figure increase in Germany is slightly above expectations. Romanian local sales, affected by the end of a major operation, have somewhat decreased, but they are supported by a first signature with Ubisoft group in Bucharest. Pentalog Group could aim for a European nearshore top three position by the end of 2011. Offshore production in Vietnam is stable and the first embedded development operations could start soon, in order to support Romanian sites.
The 2nd quarter of 2010 marks a record as regards new contracts, with a total amount of contracts signed approaching €15 million. The total back log reaches approximately 2 years in sales figures. In this context, the number of collaborators has surpassed the 500 milestone in April, two months in advance, and current affairs enable us to predict that we will reach the number of 600 people by the end of December 2010.
The Pentalog Israel branch, set up at Tel Aviv, was launched during the 2nd quarter, i.e. only 6 months after Frédéric Lasnier's visit to the country. For the time being, it does not contribute to the group's sales. However, interesting opportunities for collaboration have been identified which could generate sales in the following quarters.