- Base effect following the strong performance in 2016
- Construction and validation of Industry 4.0 solutions
PARIS — (BUSINESS WIRE) — November 21, 2017 — Regulatory News:
Commenting on the quarterly results, Alain de Rouvray, Chairman and
Chief Executive Officer of ESI Group (Paris:
ESI), said: “This quarter
marks a milestone in the introduction of our transformational offer to
answer Industry 4.0 grand challenges. While we continue to strengthen
our Virtual Prototype core business based on the virtual
pre-certification of innovative industrial products, we are concurrently
building our new Hybrid TwinTM disruptive
solutions to represent the used product in its ‘in-service’ operational
conditions.
This strong transformational approach builds
upon ESI’s recent acquisitions of innovative technologies (Big data,
IoT, A.I.) to virtually shape in co-creation with our lead strategic
customers the new innovative designs, materials and manufacturing
processes required for their connected and assisted products of the
future. It targets product predictive performance and maintenance, to
optimize repairs, facilitate certification update, and minimize recalls.
Once the brand-new Product is ‘right the first time’ thanks to its
pre-certified Virtual Prototype, it must be kept right when in-Service,
and perform right in real life with its connected and operationally
assisted ‘Hybrid TwinTM’.
As
anticipated, the lackluster of our third quarter financials does not
realistically reflect the considerable transformative added value being
built with our strategic partners and global industry leaders. So, we
reiterate our strong confidence in ESI’s ability to recover its growth
momentum in 2018. This view is reinforced by the enthusiasm already
shown by our partners and early adopters worldwide.
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
2017 |
Q3
2016 |
% Δ | % Δ (cer1) | ||||
|
Licenses |
17.8 | 19.5 | -8.9% | -3.6% | ||||
| Services | 7.2 | 7.4 | -2.8% | +1.0% | ||||
| Total | 24.9 | 26.9 | -7.2% | -2.4% |
|
In €
|
Sales 9
|
Sales 9
|
% Δ | % Δ (cer 1 ) | ||||
|
Licenses |
56.8 | 59.7 | -4.8% | -3.4% | ||||
| Services | 21.9 | 23.2 | -5.6% | -4.6% | ||||
| Total | 78.7 | 82.8 | -5.0% | -3.8% |
