- Growth in license sales
- Solid installed base
- Continued rollout of focused sales plan
PARIS — (BUSINESS WIRE) — May 28, 2019 — Regulatory News:
ESI Group (Paris: ESI), Paris, France, (ISIN Code: FR0004110310, Symbol: ESI) announced today its revenue for the first three months of the 2019 financial year1.
| Revenue (€m) | Licenses | Services | Total | |||
| Q1 2019 | 20.1 | 6.5 | 26.6 | |||
| Q1 2018 | 19.0 | 7.2 | 26.3 | |||
| Change | +5.6% | -9.9% | +1.4% | |||
| Change c.e.r | +2.1% | -11.6% | -1.7% |
c.e.r. – constant exchange rates
Cristel de Rouvray, Chief Executive Officer of ESI Group, commented: “Our
business model does not lend itself to quarterly interpretation, as
quarterly metrics do not give a true picture of the results we expect
from our focused sales plan. Looked at from a mid to longer term
perspective, the solidity of our installed base is demonstrated by a
very high recurrence. The trust of our innovation partners will help us
to compensate for a slow start in the Services business. In this early
part of the fiscal year, we continue to confidently and rigorously roll
out our plan to create sustainable and lasting value for all our
shareholders.”
