Blagnac, France, February 06th 2019-5:45pm,
Montreal, Canada
2018 Turnover
Growth up by +8.2% at € 159,4M
Acceleration at the 2nd Semester: +14.8%
SOGECLAIR, the designer of innovative high added-value solutions and products for the aerospace and transport sectors, today reports its 2018 turnover in growth up by 8.2% (5.8% at constant scope). The second semester has increased up by 14.8% of which 10% at constant scope.
| By division | Turnover (€M) 2018 | Turnover (€M) 2017 | Variation in % 2018-2017 |
| Aerospace | 134.7 | 127.7 | +5.4% |
| Simulation | 21.7 | 15.9 | +36.8% |
| Vehicle | 3.0 | 3.7 | -18.6% |
| Total | 159.4 | 147.3 | +8.2% |
| International | 88.0 | 80.3 | +9.7% |
- The aerospace division, after a mixed first half-year (+1%) highly impacted by the commercial aviation decrease (-17%), recovers a positive dynamic with a 10% growth at the 2nd semester, driven by a commercial aviation stability (-1%) and a business aviation confirmed dynamic (+20%).
- The simulation division jumped by 37% (of which 14% at constant scope) mainly thanks to SYDAC acquisition on August 1st 2018 and to the strong growth of A.V.S’s activity dedicated to simulation for autonomous vehicles.
- The vehicle division diminishes by 19% considering a significant 2017 base effect which was increasing by 141%
| By geographical area | 2018 Turnover (€M) | Impact on the turnover | Evolution 2018-2017 |
| France | 71.4 | 44.8% | +6.5% |
| Europe | 43.4 | 27.2% | +6.6% |
| America | 37.9 | 23.8% | +16.6% |
| Rest of the world | 6.7 | 4.2% | -4.3% |
Total | 159.4 | 100% | +8.2% |
All the geographical areas where SOGECLAIR is settled are increasing with a recovery in France (+4.3€M) and in Europe (+2.7€M), a strong growth in America (+5.4€M) whereas the Rest of the World benefits from the Asia-Pacific at the 2nd half-year, thanks to SYDAC acquisition settled in Australia and in India. Overall, the international increased by 10%.
| By activity | 2018 Turnover (€M) | Impact on the turnover | Evolution 2018-2017 |
| Serie | 62.7 | 39.3% | +2.0% |
| Products | 58.6 | 36.7% | +16.1% |
| Development | 38.2 | 24.0% | +7.7% |
The products activity drives the growth with +8.1€M while the development activity recovers at the 2nd semester after several consecutive semesters of decrease. The serie activity represents nearly 40% of the consolidated turnover.
Perspectives:
The Group forecasts a 2019 year of growth. In the long term, SOGECLAIR is confident in its growth perspectives which are supported by:
- The acceleration of technological breakthroughs (digitalization, plant 4.0, deep learning, artificial intelligence, augmented reality…) that boosts inter-division cooperations through the deployment of global and integrated offers.
- Geographical expansion with the opening of Asia Pacific area.
- The dynamism of “products” activities.
Next announcement: 2018 Results on March 20th 2019 following closure of the Stock Market
About SOGECLAIR
Designer of innovative, high added-value solutions and products, SOGECLAIR brings its skills in high-quality engineering and production to cutting-edge sectors: aeronautics, space and transport. Supporting its customers and partners from the design and simulation stages through to the end of the product’s lifetime, all along the production chain and for entry into service, the Group counts more than 1,500 staff working worldwide to offer a high-quality, proximity service to all its customers.
SOGECLAIR is listed on Euronext Paris – Compartment C – Euronext® Family Business index – Code ISIN: FR0000065864 – PEA PME 150
(Reuters SCLR.PA – Bloomberg SOG.FP)
Contacts:
Philippe ROBARDEY, President & CEO of SOGECLAIR / Marc DAROLLES, Executive Vice-President of SOGECLAIR +33(0)5 61 71 71 71
www.sogeclair.com
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