ESI Group: Revenue for the 1st quarter of 2015

Strong and balanced growth: up 19.5%

Licenses up 20.2%, Services up 17.8%

  • Solid sales momentum
  • High repeat business of the Licenses installed base
  • Strong growth of the Services activity
  • Favorable impact of foreign exchange: + 9.3%

PARIS — (BUSINESS WIRE) — June 4, 2015 — Alain de Rouvray, ESI Group’s (Paris: ESI) Chairman and CEO, comments: "First quarter revenue, entirely achieved on an organic basis, rose nearly 20% compared to the same period last year. This strong and balanced growth was helped by favorable currency effects. Such very good performance, in line with our expectations, attests to the solid sales momentum at the beginning of the fiscal year across all our business activities. In addition, our Licenses activity showed an especially high rate of repeat business on the installed base, and grew in every geographic area. At the same time, the Services activity achieved a growth of nearly 18% after our successful refocusing on high value-added projects, demonstrating the exceptional value of our Virtual Prototyping predictive solutions. Our disruptive offer enables simultaneous multi-domain optimization all the way to the virtual pre-certification of our customers’ innovative products. The continued rollout of our virtual engineering products, combined with our recent, future-oriented acquisitions, gives us confidence in the success of our short- and medium-term corporate development plans."

Change in revenue in the 1st quarter and cumulative

FY to January 31 (unaudited)

By convention, the fiscal year running from February 1, 2015 to January 31, 2016 is referred to simply as “2015.”

In € millions   Q1 2015

ended April 30

  Q1 2014

ended April 30

  % chg.   % chg. (cer*)

Licenses

  17.1   14.2   +20.2%   +10.3%
 
Services   7.0   5.9   +17.8%   +9.9%
Total   24.1   20.1   +19.5%   +10.2%
 

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