Sogeclair: Consolidated turnover for the 1st quarter 2022
04 Mai 2022 - 05:35PM
GlobeNewswire Inc.
Sogeclair: Consolidated turnover for the 1st quarter 2022
Consolidated
turnover for the
1st quarter
2022: +16.8% at
€33.6MAt constants
exchange rate and
perimeter*: +13.3%
SOGECLAIR, supplier of
innovative solutions with high added value for a safer and
less-consuming mobility announces today its turnover for the 1st
quarter 2022, ending on March 31st 2022.
* The change variations over
the period represent €0.6M against €0.7M in 2021 The scope
variations over the period represent €-0.4M.
The ONE SOGECLAIR strategic plan for a more
premium, more attractive and more transversal repositioning has led
to the implementation of the new organization on 1st January 2022.
For the first time, SOGECLAIR is presenting its turnover according
to this new organization, the 2021 comparison is pro-forma.The
growth of the activity in the 1st quarter of 2022, +16.8% at
€33.6M, confirms the cycle started during the 2nd quarter of 2021,
it is the 4th consecutive quarter of increase in turnover.All the
Business Units, all the geographical areas and all the activities
are progressing. The rebound is supported by the commercial
aviation, rail and business aviation markets.
By Business Unit |
Turnover (€M)Q1-2022 |
Turnover (€M)Q1-2021** |
Variation (as
%) |
EngineeringAt constants exchange rate and perimeter |
17.817.2 |
15.515.5 |
+14.5%+10.9% |
SolutionsAt constants exchange rate and perimeter |
15.715.2 |
13.213.2 |
+18.9%+15.5% |
Conseil |
0.09 |
|
|
Total |
33.6 |
28.7 |
+16.8% |
International |
15,9 |
13.7 |
+16.2% |
Differences are due to rounding.
**The turnover for the Q1 2021 is reported on a
pro-forma basis
The Engineering Business Unit -
support activity for manufacturers in the development of their
products, processes and product life cycle - (53.0% of turnover)
grows by 14.5%, driven by the strong recovery of commercial
aviation, which jumped from 84% to 34.3% of the business unit's
turnover, while business aviation is almost stable at -4%,
representing 55.9% of the business unit's turnover. Note the gain
of the EMES3 referencing of Airbus (all entities) for a period of 5
years from 2022 to 2027, the labeling of Diamond supplier for
Bombardier Aerospace and the start of manufacturing engineering
activities for the Dassault Falcon 10X.
The Solutions Business Unit -
equipment manufacturer activity - (46.7% of turnover) grows by
18.9%, driven by the strong recovery of commercial aviation +52% at
35.4% of the business unit's turnover, the very good activity of
business aviation +44% at 20.3% of the business unit's turnover,
and rail +22% at 16.9% of the business unit's turnover, in spite of
the 22% decline in the automotive sector at 18.1% of business unit
turnover.
The Conseil Business
Unit - auditing, consulting and optimization of
technologies and processes - (0.3% of turnover) started its
activity on January 1st, 2022, and is initiating its first
contracts in the aeronautics and space sectors with an order intake
that is favorably oriented.
By geographical area |
2022(€M) |
Impact on Turnover
(as %) |
Evolution(as
%) |
France |
17.7 |
52.7% |
+17.4% |
Europe |
7.1 |
21.3% |
+20.8% |
America |
6.3 |
18.7% |
+4.3% |
Asia-Pacific |
2.3 |
6.8% |
+43.0% |
Rest of the world |
0.2 |
0.5% |
+34.6% |
Differences are due to rounding.
All regions are in growth. For the first time,
the international turnover grows at the same rate as turnover in
France.
By activity |
Turnover 2022(€M) |
Impact on
Turnover(as
%) |
Evolution(as
%) |
Development |
7.0 |
20.7% |
+4.9% |
Serie |
11.3 |
33.7% |
+22.8% |
Products |
15.3 |
45.6% |
+18.7% |
All segments together returned to positive
growth for the first time since the 2nd quarter 2020.
Perspectives
The more premium, more attractive and more
transversal positioning is supported by the recovery in commercial
aeronautical traffic and the winning of contracts in all sectors.
SOGECLAIR thus aims to double its activity by 2030 at the
latest.
The detachment of the coupon of €0.90 per share
will take place on 16 May 2022 and the dividend will be paid on 18
May 2022.
Next
announcement: turnover for Q2
2022, on July
20th
2022 after closing of the
Stock Market
About SOGECLAIRSOGECLAIR
provides consulting services, engineering and technological
products to the aeronautical, aerospace, vehicle, railway and
defence sectors. Its employees are spread over 4
continents.SOGECLAIR is listed on Euronext Paris – Compartment C –
Indice Euronext® Family Business -Code ISIN: FR0000065864 /
(Reuters SCLR.PA – Bloomberg SOG.FP)
Contacts: Philippe ROBARDEY, President & CEO
/ Olivier PEDRON, Operating Chief Officerwww.sogeclair.com /
+33(0)5 61 71 70 33
Sogeclair (EU:SOG)
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