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
Rand3D

Featured Video
Jobs
Mechanical Engineer I for Air Techniques, Inc at Melville, NY
Proposal Support Coordinator for Keystone Aerial Surveys at Philadelphia, PA
Upcoming Events
The Rise of Mechatronics at Dassault Systèmes San Diego 5005 Wateridge Vista Drive San Diego CA - Sep 12, 2017
The Rise of Mechatronics at Buca di Beppo - Pasadena 80 West Green Street Pasadena CA - Sep 13, 2017
The Rise of Mechatronics at Dassault Systèmes Santa Clara 3979 Freedom Circle, Ste 750 Santa Clara CA - Sep 14, 2017
The 30th Annual Integrated Process Excellence Symposium & Training at Wyndham Grand Bonnet Creek Resort Orlando FL - Sep 18 - 20, 2017
Kenesto: 30 day trial



Internet Business Systems © 2017 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 EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise