The first weeks of 2012 have been very intense and do not seem anything like a regular start of the year. For instance, in January, production has not registered the slump to which IT services departments are so accustomed during this month when annual renewals are long coming. This year, January will be a month of high production. On the other hand, we are witnessing a high degree of anxiety in many clients. So, we are not envisaging the intense period of newbiz that we experienced in Q1 2011, even if we are expecting some confirmations to this effect. Also, several of our customers have lowered their business volumes with us. One has left us, a small-scale one though. Fortunately, this is not the attitude of the majority of our clients. Quite the contrary, our forecast for Q1 is rather of a strong growth thanks to those who have increased their demands for Pentalog’s services. It is thus difficult to see the forthcoming evolution.
In addition, there are the new very high-scale demands which I announced in December. We are thus remaining very prudent on one of the giant businesses on which we are working at the moment. If it is concluded, we could reach, as I already mentioned, around 1,000 employees in 2012. The first option that we have already signed for this client does not guarantee yet the implementation of this large project.
As you can see, making forecasts in such a period is not simple at all. Monica shall deliver this tricky task in the following few days.
























