Selligent: very good financial results for the first half of 2008 boosted by growth in software revenue

Paris/Gosselies, 25 September 2008 – Selligent, a specialist European provider of Customer Relationship Management solutions, has announced turnover of more than 7.3 million euros, a significant increase, for the first half of 2008. This growth is explained mainly by an increase in sales of licences and maintenance income amounting to more than 16%.

Selligent’s positive results reflect its strong commercial and strategic development. The company generated turnover of 7,308.60 thousand euros in the first six months of 2008 and operating income of 609 thousand euros. These results have exceeded both targets and expectations.

This growth in turnover has been driven mainly by an increase of more than 16% in sales relating directly to software, in other words, licences and maintenance services. Alongside this volume growth, the company has also witnessed a significant rise in the average value of its contracts. For the first time in its history, Selligent has signed a seven-figure licence agreement.

This performance proves that Selligent’s strategy is on the right track. The company has decided to concentrate on its software activity and to join forces, for the services element, with a continuously expanding network of integrator partners with expert knowledge of its solutions. Its portfolio of major clients is also growing, with some noteworthy signatures during the first half of the year in both France and Europe, strengthening Selligent’s European position. The Paris Chamber of Commerce and Industry, CorsairFly, the Fondation de France, PCM, Brinkmann Pumps and SteamLab are just some of the new references who have been convinced by the agility derived from Selligent solutions.

Some internal changes decided in the first half of the year have laid the foundations for more significant growth in the second six months and beyond. The appointment of Eric de Bellefroid as Chief Marketing Officer and the company’s commercial reorganisation into Business Units reflect Selligent's sector-based market approach designed to more effectively meet the needs of the different segments and strengthen cooperation with its partners. The main sectors targeted are finance, industry and services.

André Lejeune, Selligent’s CEO, explains: "In contrast to other software publishers, we have opted for a generic and highly customisable suite rather than vertical solutions. Our approach relies on a specialist commercial team, capable of understanding the customer’s business and supported by a portfolio of differentiated solutions consisting of a careful selection of Selligent modules, as well as close cooperation with experienced partners."

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About Selligent

Selligent develops and markets interactive marketing and Customer Relationship Management (CRM) solutions.
Since its creation in 1990, Selligent has established a solid reputation as the specialist in collaborative solutions aimed at boosting the organization, actions, and interactive communications of teams in direct contact with customers, prospects, and business contacts.
Selligent solutions enable marketing, sales, services and consulting departments to develop interactive, effective, and sustainable relationships with all their contacts and ecosystems.
The company offers a unique approach combining agility, pragmatism, and implication to ensure the success of projects enabling the management of personalized relationships and interactions.
With operations in France, Belgium, Germany and Italy, Selligent covers most European countries via a network of franchises, as well as distribution and integration partners.

Contacts

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