Q1 2016 Revenue

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Double-digit revenue growth: +14%

Success of the Cloud: 12 million invoices processed (+20%)

Very strong Q1 2016: Revenue up 14%

REVENUE* (IN € MILLIONS)
SIDETRADE GROUP
2016 2015 VARIATION
Q1 REVENUE 4.3 3.8 +14%

*The 2016 data is consolidated and unaudited.

In Q1 2016, Sidetrade Group generated consolidated revenue of €4.3 million, representing year-on-year growth of 14%.
Sidetrade Group posted very strong organic growth over the opening three months of the year.

Success of the Cloud: 12 million invoices processed (+20%)

The Sidetrade Cloud continues to achieve very strong growth with volumes accelerating. Over 12 million invoices were processed via the Sidetrade platform over the first three months of 2016, a 20% increase.