Dealing with business “not as usual” and deploying a business continuity plan toward a “new normal”
ESI was ahead of the curve in ensuring the health and safety of colleagues, customers and partners, and swiftly introduced strict internal measures, some global like travel restrictions and work-from-home policy, so that the Group experienced no damaging interruption in operations.
In this time of business not as usual, the Group has implemented a Business Continuity Plan:
- managing costs according to global priorities, from reductions in travel, marketing & external costs to the reallocation of resources.
- demonstrating adaptability and inventiveness for pursuing new business, from digital trainings, short term ‘from home’ licenses and new forms of digital marketing.
Being a few days earlier than others was critical in some places. In India for instance, where the Group has several hundred employees in spread locations, our offices were shut down 3 days prior to the governmental mandate. This timely decision helped to fully organize and equip our personnel, avoiding the rush on laptops that left many other local companies stranded.
General Assembly Meeting information
ESI Group's Annual General Meeting will be held on Thursday, June 25, 2020 at 4 pm in closed session with no physical attendance. Participation and document consulting procedures are detailed in the notice of meeting available on the company's website.
ESI Group will keep its shareholders informed of any changes in the procedures for participating and voting at the Shareholders' Meeting and, to this end, shareholders are invited to regularly consult the section dedicated to the Shareholders' Meeting
on the Company's website.
Upcoming events
Annual General Meeting June 25, 2020 |
2020 Half-Year Sales and Results September 10, 2020 |
Q3 2020 Sales October 27, 2020 |
About ESI Group
Founded in 1973, ESI Group is a leading innovator in Virtual Prototyping solutions and a global enabler of industrial transformation. Thanks to the company’s unique know-how in the physics of materials, it has developed and refined, over the last 45 years, advanced simulation capabilities. Having identified gaps in the traditional approach to Product Lifecycle Management (PLM), ESI has introduced a holistic methodology centered on industrial productivity and product performance throughout its entire lifecycle, i.e. Product Performance Lifecycle™, from engineering to manufacturing and in operation. Present in more than 40 countries, and in major industrial sectors, ESI employs 1200 high level specialists around the world and reported 2019 sales of €146 million. ESI is headquartered in France and is listed on compartment B of Euronext Paris.
For further information, go to
www.esi-group.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200512005652/en/
Contact:
ESI - Shareholder Relations
Florence Barré
investors@esi-group.com
+33 1 49 78 28 28
SHAN - Press & Shareholder Relations
Florent Alba
ESIgroup@shan.fr
