valtech (VLTHF:OTC US)
valtech (VLTHF) Snapshot
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$0.42
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52 Week High
04/23/13 - $0.42
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52 Week Low
11/20/12 - $0.23
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Valtech SA operates as an information technology and digital marketing agency in France and internationally. The company offers digital marketing technologies by building a range of digital platforms to marketing clients; and enterprise technology services, including architecting, building, integrating, and maintaining complex and business-critical IT infrastructures. It also provides agile consulting services to support CXO clients in the complex transformation of their processes, organizations, and governance models; and creative services for marketing clients to offer digital experiences for their consumers. The company was founded in 1993 and is headquartered in Paris, France. As of March 10, 2010, Valtech SA operates as a subsidiary of SiegCo SA.
valtech (VLTHF) Key Developments
Valtech SA reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. In the first quarter of 2013, the company generated a consolidated net revenue of €35.3 million, compared to €33 million, up 7.2% compared to the same quarter of last year. At constant exchange rates, the organic growth amounted to 7.1%. On March 31, 2013, the group had a cash flow of €4.4 million, compared to €3.9 million on 31 December 2012. Net debt was €4.9 million on March 31, 2013, against €5.5 million on 31 December 2012. The company remains particularly confident in it's ability to pursue organic growth and to continue to improve its operating performance in 2013, driven by the relevance of offerings and the quality of execution of teams.
Valtech SA announced group earnings results for the full year of 2012. For the year, the company reported total revenues of EUR 133.7 million against EUR 115.0 million a year ago. EBITDA adjusted was EUR 2.6 million against LBITDA adjusted of EUR 0.6 million a year ago. EBITDA was EUR 2.6 million against LBITDA of EUR 1.9 million a year ago. Profit from operations was EUR 0.2 million against loss from operations of EUR 3.7 million a year ago. Loss after tax was EUR 2.1 million against EUR 5.1 million a year ago. Net revenue up by 16.2% from previous year, reflecting increasing demand for digital platforms in e-commerce, branding, social and mobile offerings. Cash flow has improved to EUR 1.4 million versus a negative EUR 2.7 million the previous year.
Valtech SA announced that they will report Q1, 2013 sales/trading statement results After-Market on Apr 25, 2013
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