ESI Group: Third-quarter 2018 Sales

  • Good performance in Q3 2018
  • Strengthening of installed base
  • Amplification of the deployment of the virtual prototyping solutions

PARIS — (BUSINESS WIRE) — November 27, 2018 — Commenting on the results, Alain de Rouvray, Chairman and Chief Executive Officer of ESI Group (Paris: ESI), said: “The good sales performance delivered in Q3 2018 reflects the expected reversal of the trend compared to the first semester. This highlights the increased deployment of our virtual prototyping solutions for achieving the ‘zero real test’ and ‘zero real prototype’ objectives of our customers and partners in their digital transformation towards the Industry 4.0. The trend is especially apparent in the automotive sector where our Hybrid TwinTM solution offers major productivity levers in the context of the shift to the smart factory. In this context, the continued investment of our historic customers in our disruptive solutions is a concrete vindication of our transformation plan.”

Change in third-quarter and year-to-date sales

Financial year ending January 31 (unaudited figures). The third-quarter ends on 31 October.

In € millions   Q3

2018

  Q3

2017

  Δ %  

Δ %

(cer1)

      Sales
9M 2018
  Sales
9M 2017
  Δ %  

Δ %

(cer)

Licenses

20.6 17.8 +15.9% 15.4% 60.0 56.8 +5.6% +8.0%
Services 7.4 7.2 +2.9% 1.9% 21.2 21.9 -3.1% -1.8%
Total   28.0   24.9   +12.2%   11.5% 81.2 78.7 +3.2% +5.3%

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