Sogeclair: 2019 turnover
Blagnac, France, February 05th 2020-5.35
pm,Montreal, Canada
2019 TurnoverGrowth up
by +16.0% at €M185At constant exchange rate
and perimeter*: +11.9%
SOGECLAIR is designer and
manufacturer of innovative high added-value solutions for the
aerospace and transport sectors. The turnover for 2019 increases by
16.0% (11.9% at constant exchange rate and
perimeter).*The turnover at constant perimeter is
deducted from the share produced by companies acquired on August
1st 2018 over the period from January 01st to July 31st 2019,
representing €M3.8. The impact on the turnover related to exchange
rate fluctuations represents €M 2.8.
|
By division |
Turnover (€ million)2019 |
Turnover (€ million)2018 |
Variation as %
|
|
| |
|
Aerospace At constant exchange rate
and perimeter |
147.8145.0 |
134.7 134.7 |
+9.7%+7.7% |
|
|
Simulation At constant exchange
rate and perimeter |
34.931.1 |
21.721.7 |
+60.7%+43.2% |
|
|
Vehicle |
2.2 |
3.0 |
-25.4% |
|
|
Total |
185.0 |
159.4 |
+16.0% |
|
|
International |
104.7 |
88.0 |
+18.9% |
|
After a 8.2% growth in 2018, the year 2019
accelerates to +16%.
Aerospace division (79.9% of
turnover) at +9.7% benefits from the exchange rate for €2.8 million
and was driven particularly by products in Europe, in Canada and in
the United States.
Simulation division (18.9% of
turnover) jumps by 60.7%. At constant exchange rate and perimeter,
the progression comes to +43.2%. To note the good performance
in turnover of the activities linked to the vehicle simulation and
SYDAC, subsidiary acquired in August 2018.
Vehicle division (1.2% of
turnover) decreases by 25.4%. Restated from the intragroup (for the
simulation division), the annual turnover slightly grows.
|
By geographical area |
2019(€ million) |
Impact on Turnover(as %) |
Evolution(as %) |
|
| |
|
France |
80.3 |
43.4% |
+12.4% |
|
|
Europe |
54.0 |
29.2% |
+24.5% |
|
|
America |
41.9 |
22.7% |
+11.0% |
|
|
Asia-Pacific |
8.0 |
4.3% |
+26.7% |
|
|
Rest of the world |
0.8 |
0.4% |
+35.1% |
|
Internationalization exceeds for the 1st time
€100 million. All the geographical areas are progressing, France
makes +12.4% whereas the international increases by 18.9%. To point
the strong growth of the Asia-Pacific area (+26.7%) thanks to the
locations of Sydac acquired in 2018.
|
By activity |
2019 Turnover(€
million) |
Impact on Turnover(as %) |
Evolution(as %) |
|
| |
|
Development (service) |
37.9 |
20.5% |
-0.8% |
|
|
Serie (service) |
68.2 |
36.9% |
+8.7% |
|
|
Products |
78.9 |
42.6% |
+34.8% |
|
Products are accelerating strongly (+34.8%),
they are the 1st activity of SOGECLAIR with 42.6% of turnover
thanks to the positioning undertaken during the last years.
Development service activities are stable (-0.8%) % while those
linked to the serie remain dynamics and increase (+8.7%).
PerspectivesThanks to its
ongoing investments in innovative technologies, SOGECLAIR has
demonstrated its ability to generate a balanced growth as well as
in terms of the mix of its offer than its geographic footprint.
Building on its strengths, SOGECLAIR intends to go on with its
strategy and anticipates for 2020 a new year of growth.
Next announcement: 2019 Results on March
18th 2020 after closing of the Stock Market.
About SOGECLAIRDesigner and
manufacturer of innovative high added-value solutions, SOGECLAIR
brings its skills in high-quality engineering and production to a
broad range of cutting-edge sectors, notably aeronautics, space and
transport. Supporting its customers and partners from the design
and simulation stages through to the end of the product’s lifetime,
all along the production chain through to entry into service, the
Group counts nearly 1,700 staff working worldwide to offer a
high-quality, proximity service to all its customers.SOGECLAIR is
listed on NYSE Euronext Paris – Compartment C – Code ISIN:
FR0000065864 – PEA PME 150(Reuters SCLR.PA – Bloomberg
SOG.FP)Contacts: Philippe ROBARDEY, President & CEO of
SOGECLAIR / Marc DAROLLES, Executive Vice President of SOGECLAIR /
www.sogeclair.com / +33(0)5 61 71 70 33
- PR-SOGECLAIR Turnover Q4 2019