ESI Group: 2014 Half-Year Results

Robust and relevant business model

  • Improvement in gross margin
  • Positive commercial momentum
  • Cost control and continued investment in R&D
  • Impact of temporary effects
  • Solid financial structure

PARIS — (BUSINESS WIRE) — September 25, 2014 — Alain de Rouvray, ESI Group’s Chairman and CEO, comments: "The results for the first half, although impacted by significant temporary effects, demonstrate the robustness of the Group's business model and the relevance of its industrial strategy. The increase in gross margin, with composition positively evolved due to the product mix changes, is buoyed by the strategic shift of the Services activity towards projects with high value added. While boosting sales linked to its integrated trade solutions, the Group has continued to invest in its multi-sector development while maintaining its policy of cost control. These factors, as well as the strengthening of strategic partnerships with key customers, mean that the Group can serenely embark on its more significant second half – where there is typically strong positive seasonal impact – confident in its ability to generate growth and to improve its profitability for the year."

Consolidated half-year results

FY to January 31 (unaudited)

In € millions    

H1 2014
to July 31, 2014

   

H1 2013
to July 31, 2013

   

Δ (actual)

   

Δ (constant currency)

             

Amount

   

%

   

Amount

%

   
Total sales 42.6 44.3 (1.7) -3.7% (0.2) -0.6%
Licenses 29.7 29.9 (0.2) -0.7% 0.9 2.9%
Services 13.0 14.4 (1.5) -10.1% (1.1) -7.8%
 
Gross margin 28.0 27.9 0.1 0.4% 1.2 4.1%
% of sales 65.7% 63.0%
 
EBITDA (4.8) (3.7) (1.2) -31.8% (0.9) -24.9%
% of sales -11.4% -8.3%
 
Core Operating Profit (6.1) (4.5) (1.6) -35.3% (1.4) -30.4%
% of sales -14.3% -10.2%
 
EBIT (6.3) (5.0) (1.4) -27.4% (1.1) -22.7%
% of sales -14.8% -11.2%
 
Attributable net profit/loss (4.9) (3.8) (1.1) - 30.1% (1.1) -29.5%
% of sales     -11.6%     -8.7%                    
 

1 | 2 | 3  Next Page »



Review Article Be the first to review this article
SI2

AMIQ: dvteclipse

Featured Video
Editorial
Peggy AycinenaIP Showcase
by Peggy Aycinena
Grant Pierce: Grand Challenges in IP
More Editorial  
Jobs
LVS PEX DESIGN ENGINEERS SILICON VALLEY for EDA Careers at San Jose, CA
Technical Support Engineer for EDA Careers at Freemont, CA
LVS for PDK Design Engineer SILICON VALLEY for EDA Careers at San Jose, CA
Upcoming Events
EMC PCB Design Integration at 13727 460 Ct SE North Bend WA - Jun 6 - 9, 2017
DAC 2017 Conference at Austin TX - Jun 18 - 22, 2017
2017 FLEX Conference at Monterey Conference Center 1 Portola Plaza, Monterey CA - Jun 19 - 22, 2017
MPSoc Forum 2017 - July 2 - 7, 2017, Les Tresoms Hotel, Annecy, France at Les Tresoms Hotel Annecy France - Jul 2 - 7, 2017
NEC: CyberWorkbench
Verific: SystemVerilog & VHDL Parsers
DAC2017



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy