Trappes, January 4th, 2012 - 7:00 CET
Year 2011 Sales: 26.9 m€. A 9% growth compared to year 2010
The consolidated sales for the year 2011 (un-audited) reached 26.9 million Euros, a progression of 8.8 % compared to the previous year.
| In million Euros | 2010 | 2011 * | Variation |
| 1st quarter | 5.3 | 7.0 | + 32.1 % |
| 2nd quarter | 6.3 | 7.2 | + 14.3 % |
| 3rd quarter | 6.2 | 6.4 | + 3.2 % |
| 4th quarter | 6.9 | 6.3 | - 8.7 % |
| Sales | 24.7 | 26.9 | + 8.8 % |
* (un-audited)
The military and space sector represented 49% of revenues in 2011 (against 51% in 2010), the industrial sector 28% (25% in 2010) and the telecoms sector 22% (24% in 2010). The Moroccan subsidiary Egima, whose building and equipment have been let since April 2011, contributed for 1% in the consolidated revenues. Infrared products for both civilian and military applications have been the heart of the growth during the year 2011.
| In million Euros | 2010 | 2011 * | Variation |
| Military and Space | 12.5 | 13.0 | + 4.0 % |
| Telecoms | 6.1 | 5.8 | - 4.9 % |
| Industries and civilian security | 6.1 | 7.8 | + 27.9 % |
| Other (Egima) | 0.0 | 0.3 | - |
* (un-audited)
The split of 2011 sales per unit is 66% for Egide SA, 25% for Egide USA, 8% for Egide UK and 1% for Egima. The impact of the variation in exchange rates is not significant for Egide UK sales in pounds but hit Egide USA for which sales are in dollars (1 € = 1.3917 $ in 2011 against 1.3268 $ in 2010). In dollars, the revenue of Egide USA is growing by 2.5%.
| In million Euros | 2010 | 2011 * | Variation |
| Egide SA | 16.0 | 17.7 | + 10.6 % |
| Egide USA | 7.0 | 6.8 | - 2.9 % |
| Egide UK | 1.7 | 2.1 | + 23.5 % |
| Egima | 0.0 | 0.3 | - |
* (un-audited)
As of December 31st, 2011, the consolidated cash is about 1.1 million Euros (un-audited figures), compared to 0.6 million as of June 30th, 2011.
Philippe Brégi, Chief Executive Officer of the group, declares: « This new and significant growth in our sales strengthens our strategic choices and positioning on diversified markets which require high reliability products. Thus, and despite the economic crisis, Egide serenely enters into 2012.»
About Egide
Egide SA is a European group with international scope specializing in the manufacture of hermetic packages for sensitive electronic components. The Group is active in high tech sectors, including Aerospace, Defense, Security, Aeronautics, Telecommunications, Automotives and Medicine. The only dedicated manufacturer in its niche, Egide has facilities in France, the United States and Great Britain.
To find out more about Egide, visit: www.egide.fr
EGIDE is listed on NYSE Euronext Paris(TM)- Compartment C - ISIN: FR0000072373 - Reuters: EGID.PA - Bloomberg: GID
Egide has renewed its OSEO Innovative Company label on 10 September 2009
Environmental and quality management systems certified ISO 9001:2008 and ISO 14001:2004
Contacts
EGIDE - Financial Department - Philippe Lussiez - +33 1 30 68 81 00 - plussiez@egide.fr
FIN'EXTENSO - Press Relations - Isabelle Aprile - +33 1 39 97 61 22 - i.aprile@finextenso.fr
