Q1 - 2008/09 sales: +12% by volume - Good organic growth - Further dynamic growth in Services
Paris, 10th June 2008: ESI Group (ISIN FR0004110310), a pioneer and world-leading solution provider in virtual prototyping and manufacturing processes, today announces its consolidated sales for its first quarter to 30th April 2008.
|
In € millions |
Q1 2008 |
Q1 2007 |
Δ % (volume) |
Δ % (actual) |
|---|---|---|---|---|
|
Licenses |
10.8 |
10.4 |
+6.9% |
+3.2% |
|
Services and other activities |
3.9 |
3.1 |
+28.8% |
+26.2% |
|
TOTAL |
14. |
13.5 |
+12.0% |
+8.5% |
ESI Group’s sales totalled 14.7 million euros for the first quarter of the Group’s 2008 financial year, giving organic growth of +12.0% on a constant exchange rate basis. The negative exchange rate effect impacted growth to the tune of -3.5%.
Each geographical zone on which ESI Group is positioned contributed to growth in a balanced way, leading to stability in the geographical breakdown of activity: 47% in Europe, 40% in Asia and 13% in the Americas.
Licenses sales were up +6.9% by volume to 10.8 million euros, continuing the trend recorded in the fourth quarter of the previous financial year.
Services activity saw dynamic growth continue, with Services sales totalling 3.9 million euros, up +28.8% by volume and +26.2% actual. This growth was particularly buoyant in the Asian and American zones.
Available cash totalled 14.5 million euros at 30th April 2008.
Alain de Rouvray, ESI Group’s Chairman and CEO, concludes: “Recorded within an economic climate that remains agitated, the performances reported for our first quarter prove the solidity of our activity’s organic growth. The ongoing dynamism of Services confirms the structural needs in terms of virtual prototyping and the increasing adoption by industry of our digital simulation technologies as well as methodologies, despite a visibility that remains low for the financial year as a whole.”
About ESI Group
ESI Group is a world-leading supplier and pioneer of digital simulation software for prototyping and manufacturing processes that take into account the physics of materials. ESI Group has developed an extensive suite of coherent, industry-oriented applications to realistically simulate a product’s behavior during testing, to fine-tune manufacturing processes in accordance with desired product performance, and to evaluate the environment’s impact on product performance. ESI Group’s offer represents a unique collaborative solution with an open virtual engineering environment known as the Virtual Try-Out Space, enabling virtual prototypes to be improved in a continuous and collaborative manner while eliminating the need for physical prototypes during product development. The company employs over 700 high-level specialists worldwide covering more than 30 countries. ESI Group is listed in compartment C of Euronext Paris. For further information, visit www.esi-group.com.
ESI GROUP has been qualified as “an innovative company” since January 20th 2000 by the OSEO-Anvar and is eligible for inclusion in “FCPI” (venture capital trusts dedicated to innovation).
Listed in Euronext Paris - compartment C of NYSE Euronext
ISIN FR 0004110310 - FTSE 977- Bloomberg ESI FP - Reuters ESIG.LN
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Sales for the first half 2008/09 will
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Virtual Try-Out Space® and VTOS® are registered trademarks of ESI Group. All other products, names or companies are the brands or registered trademarks of their respective owners.
ESI Group NewCap
Corinne Romefort-Régnier Emmanuel Huynh / Axelle Vuillermet
Shareholder relations Tel.: +33 (0)1 44 71 94 94
Tel.: +33 (0)1 53 65 14 14 esi@newcap.fr
investors@esi-group.com



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