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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