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SMT - Simteract SA News Story

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Last Trade - 09/04/21

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BRIEF-SMT unit expands co-operation with French Globeo Travel

Tue 29th September, 2015 8:33am
Sept 29 (Reuters) - SMT SA  SMTP.WA : 
    * Said on Monday that its unit iAlbatros SAS has expanded 
its co-operation contract with French travel agency Globeo 
Travel by three new clients 
    * New clients are French state institution Service d'Achats 
de l'Etat, companies INRAP and Marionnaud 
    * Estimated iAlbatros SAS revenue, from contract with Globeo 
Travel, raised by 8.3 million euros ($9.3 million) yearly, to 
value of about 11.8 million euros yearly 
    * Final amount of iAlbatros SAS sales, resulting from 
contract with Globeo Travel, may change as it depends on number 
of hotel bookings made by clients using iAlabatros system 
    * iAlbatros SAS, based in France, is a unit of iAlbatros SA, 
wholly-owned by SMT 
 
     
  
     
 Source text for Eikon:  ID:nEM2803537  
     
 Further company coverage:  SMTP.WA   
    
 
 
 
($1 = 0.8883 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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