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Product Strategy

Pentalog reporting an exceptional organic growth of 80% for the fourth quarter of 2008

Sophie Lelarge
Sophie Lelarge
Chief Revenue Officer

Despite the worrying global economic situation Pentalog will report an 80 % growth for the fourth quarter. This performance is due to the 2 recently created branches of Pentalog Romania, Iasi and Sibiu, each employing now over 30 people and working at their full capacity. During this quarter Pentalog has reached a level of more than 300 employees. The 9% bench time rate at the beginning of the quarter fell under 6% in November and December.Business has been going well. A series of new deals have been signed: in Germany with LHS, belonging to the 5 biggest German software editors and number one on the global mobile phone invoicing market, and in France with NG Travel in the tourism industry and finally with Mousset in the logistic sector.Following these quarterly results, the annual growth will be of about 60% with a sales figure of EUR 8, 5 – 9 M, whereas the annual growth objective was 30%, which means the group achieved twice the expected results.Pentalog has also been granted a “Deloitte Technology Fast 50” 2008 prize.The Vietnamese branch may not have a significant contribution to the turnover until the second quarter of 2009.

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