ESI Group: Buoyant increase in revenue in Q1 2012/13

  • Good performance, with a record level of organic growth
  • Licences New Business remains dynamic
  • Sharp increase in Services activity

PARIS — (BUSINESS WIRE) — June 14, 2012Alain de Rouvray, ESI Group’s (Paris: ESI) Chairman and CEO, comments: “ESI Group has recorded an excellent first quarter, following a good 2011-12 financial year that had already revealed an acceleration in the adoption of our virtual prototyping solutions. Services activity recorded significant growth, fuelled by the need to provide our industrial clients with support and expertise. Licenses activity continued to record buoyant growth associated with dynamic New Business and a high level of repeat business. It is noteworthy that we see balanced investment across the main industrial sectors.

We are confident that we will achieve a 2012-13 fiscal year in line with our strategic development plan, within a changing context that is conducive to a surge in our breakthrough technological solutions.

1st quarter revenue

€ millions

 

Q1 2012/13*

 

Q1 2011/12

  Δ

(euros)

  Δ

(constant currency)

Licenses

14.4   11.6   +23.9%   +20.0%

Services

6.8   5.7   +19.4%   +15.5%
Total 21.2   17.3   +22.4%   +18.5%
     

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