A year of transformation
- Ongoing and controlled transformation
- Catalyst and integrator of the industrial transformation
- Revived sales momentum
PARIS — (BUSINESS WIRE) — April 18, 2018 — Commenting on the full-year results, Alain de Rouvray, Chairman and Chief Executive Officer of ESI Group, said: “The operational performances over the year are significantly impacted by the transformative actions implemented to successfully deploy the new value proposition of the Group that addresses the emerging needs of our clients. This proposition is tied to the Outcome Economy and the Industry of the Future, drivers of unprecedented and accelerated changes in the economic and competitive context for manufacturing industries. It positions the Group as a catalyst and integrator of our customers’ digital transformation as they apply our multi-domain Virtual Prototyping solutions.
To consolidate our solutions, adapt our sales strategy and build methodological support teams for customers, we have implemented an active investment policy and a deep operational reorganization. Our disruptive solutions enable our customers to reduce time-to-market for innovative and more performant products in operation, targeting a “zero physical tests” methodology.
The major evolutions achieved in 2017, and pursued in 2018, pave the way for a new growth momentum. The shift towards Integral Virtual Prototyping in the pre certification phase and the Hybrid TwinTM to anticipate the “as-used” product performance in-Service have accelerated this trend. In this new and particularly aggressive and promising market, ESI has a unique positioning.”
Consolidated annual results
Financial year ending January 31
| In € millions | FY 17 | FY 16 |
Δ at current exchange rates |
Δ at constant exchange rates |
||||
| Total sales | 135.3 | 140.6 | -3.8% | -2.0% | ||||
| Licenses | 105.7 | 108.3 | -2.4% | -0.5% | ||||
| Services | 29.5 | 32.2 | -8.4% | -6.9% | ||||
| Gross margin | 97.8 | 103.1 | -5.1% | -3.1% | ||||
| % of sales | 72.3% | 73.3% | ||||||
| EBITDA* | 12.1 | 18.3 | -33.7% | -28.3% | ||||
| % of sales | 9.0% | 13.0% | ||||||
| Current operating profit | 9.2 | 15.4 | -40.2% | -34.0% | ||||
| % of sales | 6.8% | 10.9% | ||||||
| EBIT | 8.1 | 13.7 | -41.1% | -34.9% | ||||
| % of sales | 6.0% | 9.8% | ||||||
| Attributable net profit | 2.4 | 7.5 | -68.4% | -60.5% | ||||
| % of sales | 1.8% | 5.4% | ||||||
