Sogeclair : 2015 CONSOLIDATED REVENUE

SOGECLAIR 2015: CONSOLIDATED REVENUE GROWTH OF 11.7%

This 4^th quarter confirms the increase of the Group international activities

Blagnac, France, and Montreal, Canada, February 10, 2016- SOGECLAIR  (NYSE Euronext: SOG),  the provider of high added-value innovative solutions and products for the aerospace and transportation markets, announces today its revenue for fiscal year ending December 31, 2015.

Consolidated revenue for the year 2105 amounts to 127.8 million euros (+11.7% at non constant perimeter and - 3.5% at constant perimeter) compared to 114.4 million euros for the year 2014. It encompasses a consolidated Group revenue for the 4^th quarter 2015, of 33.7 million euros, showing growth compared to the previous quarter. 

The consolidated revenue per area splits as follows:

(Any apparent discrepancies in total are due to rounding)

A year of international growth and diversification
The growth expected over fiscal year 2015 was achieved thanks to the increase of the revenue generated through international operations, which, over the year grew by nearly 70%* compared to year 2014, and amounted to nearly 50% of the fiscal year 2015 Group consolidated revenue. Indeed the Group international revenue went from 37 million euros in 2014 to 63 million in 2015.

This international revenue growth is driven by the significant increase- linked to the acquisition of the Canadian entity- of the North American revenue, as well as by the Asian and global European zone. In parallel, the revenue generated by the French and German activities has decreased, confirming the downward trend of the new programs development activities. With the international diversification initiated by the Group, the Aerospace division generates in 2015 a revenue equal to that of the whole Group over fiscal year 2014.

Vehicle and Simulation divisions respectively show a 11.50% decrease and a 1.93% increase compared to fiscal year 2014. The Vehicle division revenue decrease is due to the normal life-end of contracts, while the Simulation division increase corresponds to the pickup of the synthetic environment software activities.

* at non-constant perimeter

Perspectives
The Company has successfully managed to adapt the balance of its offering to the strong and lasting decrease of new aerospace development programs. It will thus keep diversifying by putting the emphasis on its products and services offering linked to production rate and in-service aircrafts, while preserving its unique and original know-how track-record on development activities.

Planned release date for 2015 results: March 23, 2016

About SOGECLAIR
Creator of high added-value innovative solutions and products, SOGECLAIR provides many markets, including aerospace and transportation, with its expertise in high quality engineering and manufacturing. With around 1400 employees located worldwide to offer a quality and proximity service, the Group guides its customers and partners throughout the whole manufacturing and implementation process, from conception and simulation to the life-end of the product.
For more information please contact:
Marc Darolles, CEO +33(0)5 61 71 71 71 or
Aurore Foulon, Company Secretary +33(0)5 61 71 71 71