“Once again, the Claranova group reports strong growth in this first quarter, as our segments continue to structure and develop their businesses period-after-period. The software activities acquired a year ago are now perfectly integrated and we’ve moved our focus to the next phase of the Internet segment’s development. Our mobile businesses continue to grow at a fast pace, driven by ongoing high demand. The integration of Personal Creations is progressing and we will expand our activities in the coming quarters. While myDevices’ revenue remains low compared to the Group, we’re starting to see the commercial development of this highly promising IoT business with over 300 customers signed in recent months”, commented Pierre Cesarini, CEO of the Claranova group.
The Claranova group opens fiscal year 2019-2020 with a strong first quarter (July – September 2019), reporting consolidated revenue of €69.8 million, up +45% year-on-year. Excluding the impact of Personal Creations® acquired on August 1, 2019, organic revenue growth is + 25%
(after a negative currency impact of -2%).
