Earnings Release • Jan 16, 2009
Earnings Release
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| In million euros (non audited) |
2007 | 2008 | Variation |
|---|---|---|---|
| Turnover | 26.16 | 29.90 | + 14 % |
| At constant exchange rates |
26.16 | 31.20 | + 19 % |
The consolidated turnover for 2008 (non audited) reached 29,90 million euros, a growth of 14 % compared to the previous year, which represents at constant exchange rates an increase of 19 %.
The Military & Space sector represents 40 % of the sales in 2008, Industrial 35 % and Telecoms 25 %. All the sectors are growing, the Telecoms and the Military & Space activities showing a growth of more than 20 %.
At constant exchange rates, Egide SA (+ 22 %) has realized the most important growth, while Egide USA (+ 15 %) and Egide UK (+ 17 %) have shown significant progressions.
Philippe Bregi, Chairman and CEO of the group declares: "These figures, in accordance with our expectations, show the pertinence of our strategy of positioning on diversified and high tech markets. This enables us to maintain a strong sales progression, particularly in buoyant sectors such as Space, Telecommunications and Security Systems as much civil as military. We will also continue in 2009 to implement our policy of searching for technical innovation and improvement of industrial excellence, essential for a sustainable growth."
Egide SA is a European group with an international reach, specializing in the manufacture of hermetic packages for sensitive electronic components. The group operates in high tech markets such as Space, Defense, Security, Aeronautics, Telecommunications, Automotive and Medical. Egide is the only dedicated global player and has manufacturing facilities in France, the US, Great Britain and Morocco.
Find more Egide information at: www.egide.fr
EGIDE is listed on the NYSE Euronext Paris™- Compartment C - ISIN: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID
Egide renewed its OSEO – ANVAR innovative business label on 14 September 2006 ISO 14001:2004 certified environmental management system
Contacts
EGIDE - CFO - Philippe Lussiez - +33 1 30 68 81 00 - [email protected] FIN'EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 - [email protected]
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