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
 True Circuits: Ultra PLL

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Principle Electronic Design Engr for Cypress Semiconductor at San Jose, California
Director, Business Development for Kongsberg Geospatial at remote from home, Any State in the USA
Director, Business Development for Kongsberg Geospatial at Ottawa, Canada
Upcoming Events
IPC Technical Education - PCB Layout - Place and Route at Del Mar Fairgrounds 2260 Jimmy Durante Blvd. Del Mar CA - May 2, 2018
IPC Technical Education at Wisconsin Center 400 W Wisconsin Ave. Milwaukee WI - May 8, 2018
IPC High Reliability Forum at Embassy Suites: Baltimore-At BWI Airport 1300 Concourse Drive Linthicum MD - May 15 - 17, 2018
DownStream: Solutions for Post Processing PCB Designs
TrueCircuits: UltraPLL
DAC2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — 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 PolicyAdvertise