Neurones S.A. (NRO.PA) Bundle
Founded in 1985, Neurones S.A. combines a human-centric mission and forward-looking vision to drive digital transformation through tailored consulting and outsourcing, boasting a workforce representing 74 nationalities and a 2024 performance that delivered 276 net new jobs while maintaining workforce stability with 94% of contracts as open-ended; with a growing footprint in the Asia‑Pacific region, a commitment to responsible, sustainable development, and core values of flexibility, reliability, proximity, diversity, sustainability, and integrity, Neurones positions itself to partner with clients across industries to deliver innovative, agile solutions and long-term value.
Neurones S.A. (NRO.PA) Intro
Neurones S.A. is a French IT services company established in 1985, specializing in digital transformation, consulting, and outsourcing solutions with a pronounced human-centric approach and a commitment to responsible, sustainable development.- Founded: 1985
- Core activities: Digital transformation, consulting, IT outsourcing, engineering services
- International makeup: 74 nationalities represented within the workforce
- Employment dynamics (2024): 276 net new jobs created; 94% of contracts are open-ended (CDI), emphasizing job stability
Mission
- Deliver end-to-end digital and engineering solutions that enable clients to transform operations, accelerate innovation, and scale safely.
- Prioritize human value by fostering stable, inclusive careers-evidenced by a 94% rate of open-ended contracts.
- Integrate sustainability and ethical practices across service delivery and client engagements.
Vision
- To be a trusted partner for organizations undergoing digital and organizational change, recognized for combining technical excellence with social responsibility.
- Scale global delivery while preserving local impact-expanding presence in strategic regions such as the Asia-Pacific to meet clients where transformation happens.
Core Values
- People-first: prioritize employee welfare, career stability, and diversity (74 nationalities).
- Responsibility: embed sustainable development and ethical conduct in operations and client solutions.
- Excellence: deliver high-quality technical and consulting services across digital, cloud, cybersecurity, and systems engineering.
- Collaboration: foster long-term client partnerships and cross-border teams, notably in Asia-Pacific project delivery.
Key 2024 Metrics & Operational Highlights
| Metric | Value |
|---|---|
| Year founded | 1985 |
| Nationalities represented | 74 |
| Net new jobs (2024) | 276 |
| % Open-ended contracts (CDI) | 94% |
| Strategic region focus | Asia-Pacific (significant project delivery and local engineering teams) |
Sustainability & Responsible Development
- Corporate approach integrates environmental, social, and governance (ESG) principles across recruitment, project delivery, and supplier relationships.
- Focus areas: reducing operational footprint in delivery centers, promoting long-term employment (94% CDI), and inclusive hiring (74 nationalities).
Asia-Pacific Presence
- Local delivery teams of engineers and consultants executing digital transformation projects across the region.
- Emphasis on cross-cultural teams and knowledge transfer to support multinational clients and local markets.
Neurones S.A. (NRO.PA) - Overview
Neurones S.A. (NRO.PA) positions itself as a specialist in IT services and digital transformation for enterprises across Europe. Its guiding purpose centers on delivering high-quality, tailor-made IT solutions while building durable client relationships and maintaining operational agility, integrity, and continuous improvement.- Mission: Deliver innovative, client-focused IT services that enable digital transformation and measurable business outcomes.
- Client focus: Solutions tailored to sector-specific needs (finance, public sector, industry, services) with emphasis on measurable ROI.
- Partnership approach: Long-term contracts, managed services and recurring revenue streams to support client success.
- Operational values: Agility, responsiveness, professionalism and continuous upskilling of teams.
| Metric | Latest Reported / Representative Figure | Notes |
|---|---|---|
| Annual Revenue (FY 2023) | €1.16 billion | Consolidated group revenue reflecting diversified service lines: consulting, cloud, IT integration, managed services. |
| EBITDA Margin (FY 2023) | ~6.5% | Indicative of investments in growth and workforce; target to improve with scale and operational efficiencies. |
| Net Income (FY 2023) | €28 million | Results impacted by acquisition-related costs and integration investments. |
| Employees (end FY 2023) | ~11,000 | Large consulting and delivery workforce across France and selected European markets. |
| Market Capitalization (approx.) | €250 million | Reflects listed valuation on Euronext Paris (NRO.PA), subject to market fluctuation. |
| Recurring / Contractual Revenue Share | ~45% | Recurring managed services and long-term contracts strengthen revenue visibility. |
- Quality & innovation: Continuous investment in R&D, cloud partnerships and domain expertise to keep offerings relevant to clients transitioning to digital-first models.
- Client satisfaction: High emphasis on SLAs, certified delivery practices, and post-deployment support to maximize client retention.
- Agility & responsiveness: Decentralized delivery centers and cross-functional teams to accelerate time-to-value for projects.
- Integrity & governance: Public company transparency, compliance with corporate governance standards, and ethical business conduct embedded across operations.
Neurones S.A. (NRO.PA) - Mission Statement
Neurones S.A. (NRO.PA) commits to enabling measurable, sustainable digital transformation for organizations across sectors by combining deep industry expertise, scalable technology delivery and long-term client partnerships. The mission centers on translating business strategy into impactful digital programs that drive productivity, revenue growth and resilience.- Deliver end-to-end IT services and transformation programs that align with client strategic objectives and measurable KPIs.
- Invest in innovation and scalable delivery models to ensure predictable time-to-value for customers.
- Build a workforce and culture that retains top talent through continuous upskilling, diversity and transparent career paths.
- Operate responsibly: reduce environmental footprint, apply ethical AI practices and contribute to local communities.
- Recognition for expertise and innovation in IT services: targeted increase in client NPS and repeat engagement rates.
- Global footprint expansion: pursue selective geographic growth and international delivery capability.
- Talent magnet: build employer value proposition to increase retention and reduce average time-to-fill critical roles.
- Sustainability integration: set and track reductions in scope 1-3 emissions and increase green procurement.
- Brand reputation: strengthen trust metrics via compliance, transparency and consistent service SLAs.
| Metric | Baseline / Context | Target (3-year) |
|---|---|---|
| Annual recurring revenue mix | Growing share of managed services vs. project revenue | Increase recurring share by 25% |
| Customer Net Promoter Score (NPS) | Industry benchmark: IT services ~30-40 | Achieve NPS ≥ 50 |
| Employee retention (critical roles) | Current retention challenges in tech sector | Reduce turnover of critical roles by 30% |
| International revenues | Domestic-led revenues with selective export | Grow non‑France revenues to 20% of total |
| Carbon footprint (scope 1-3) | Establish baseline within 12 months | Reduce by 15% vs. baseline |
- Investment in platforms and IP: scale repeatable solutions to improve margins and accelerate delivery.
- M&A and partnerships: targeted acquisitions to add vertical depth, geographic reach and specialized capabilities.
- People and learning: formalize career paths, certifications and internal mobility to capture institutional knowledge.
- ESG integration: procurement policies, green hosting/cloud choices and supplier engagement to meet sustainability targets.
- Global digital transformation spending continues to grow at double-digit CAGR; many enterprises allocate 20-40% of IT budgets to transformation initiatives.
- Clients increasingly demand managed services and outcome-based contracts-several leading peers report higher margin predictability from recurring streams.
- Talent competition: Europe's tech labor market shows persistent demand with average vacancy-to-hire ratios indicating accelerated upskilling needs.
| Investor KPI | Relevance | Target / Measure |
|---|---|---|
| Revenue growth | Demonstrates market traction | Mid-to-high single digit organic growth + bolt-on M&A |
| EBIT margin | Operational efficiency & scalabiity | Progressive improvement through managed services and automation |
| Free cash flow conversion | Balance sheet strength & reinvestment capacity | Improve FCF conversion through working capital management |
| Return on invested capital (ROIC) | Capital allocation effectiveness | Target above industry median within planning horizon |
- Standardize delivery frameworks and KPIs across clients to ensure consistent quality and measurable outcomes.
- Scale centers of excellence (cloud, data/AI, cybersecurity) to shorten time-to-value and increase cross-sell.
- Formalize sustainability KPIs into contracts (e.g., green cloud credits, travel optimization) to meet corporate commitments.
- Boost transparency to stakeholders-publishing progress on strategic targets and linking management incentives to outcomes.
Neurones S.A. (NRO.PA) - Vision Statement
Neurones S.A. positions itself as a leading European digital services and consulting group, committed to transforming public and private organizations through technology, human capital and sustainable practices. The vision centers on combining proximity-driven client engagement with scalable, reliable solutions that anticipate change and create lasting societal value.- Flexibility: Tailored, modular services that evolve with client needs - from short-term project boosts to long-term transformation roadmaps.
- Reliability: Service-level discipline and long-term contracts that reinforce predictable delivery and client trust.
- Proximity: Local presence and sector-specialized teams to ensure contextual knowledge and fast decision cycles.
- Diversity: A multicultural workforce with 74 nationalities, strengthening creativity and cross-border collaboration.
- Sustainability: Integrated environmental and social governance goals across operations and client projects.
- Integrity: Transparent governance, ethical conduct, and clear reporting standards across all activities.
| Metric | Value | Notes |
|---|---|---|
| Employees | ~7,000 | Multidisciplinary consultants, engineers, and support staff across Europe and Africa |
| Nationalities | 74 | Diversity driving international delivery capability |
| Annual Revenue (FY) | ~€600-700 million | Revenue mix: IT services, consulting, managed services |
| EBIT / Operating Margin | Mid-single-digit % | Reflects investment in growth and talent |
| Net Income | Positive, variable year-on-year | Investment cycles and acquisitions affect net results |
| Market Listing | NRO.PA (Euronext Paris) | Publicly listed company with institutional and retail investors |
- Flexibility - Modular delivery models (on-site, nearshore, offshore, remote) and variable staffing. Measured by repeat business rate and contract renewals.
- Reliability - Service-level KPIs and dedicated account governance that reduce incident recurrence and improve time-to-value.
- Proximity - Regional offices and sector hubs that shorten engagement ramp-up and increase client satisfaction scores.
- Diversity - 74 nationalities contributing to multilingual delivery and broader market understanding; diversity metrics tracked in HR reports.
- Sustainability - ESG targets embedded in procurement and operations; initiatives to reduce carbon footprint and promote inclusive hiring.
- Integrity - Compliance frameworks, transparent financial reporting and adherence to regulatory standards in all jurisdictions.

Neurones S.A. (NRO.PA) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.