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
Aldec

ClioSoft at DAC

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
2018 FLEX Korea at Room 402/ 403, COEX Seoul Korea (South) - Jun 20 - 21, 2018
INTERSOLAR EUROPE 2018 at Munich Germany - Jun 20 - 22, 2018
DAC 2018 at Moscone Center West San Francisco CA - Jun 24 - 28, 2018
Symposium on Counterfeit Parts and Materials 2018 at College Park Marriott Hotel & Conference Center MD - Jun 26 - 28, 2018
ClioSoft at DAC
TrueCircuits: IoTPLL



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