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EGIDE S.A. — Earnings Release 2012
Oct 5, 2012
1274_iss_2012-10-05_0e130f4d-acc8-45c9-bcac-f735c3afbf0b.pdf
Earnings Release
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Revenues for the third quarter 2012
Sales per quarter
| In million Euros | 2011 | 2012 | Variation |
|---|---|---|---|
| 1 st quarter |
7.0 | 6.5 | - 7 % |
| 2 nd quarter |
7.2 | 6.5 | - 10 % |
| 3 rd quarter |
6.4 | 6.4* | = |
| Total 9 months | 20.6 | 19.4 | - 6 % |
* (non-audited)
The Egide consolidated sales (non-audited) reached 6.4 million Euros for the third quarter 2012, stable compared to the same quarter of last year and slightly lower (-1.5%) compared to the previous quarter.
The Military & Space sector represented 52% of the quarter's revenues, the Industrial sector 31%, the Telecom sector 16% and Various (Egima) 1%.
Sales per unit
| In million Euros | 3rd quarter 2011 | 3 rd quarter 2012* |
Variation Q3-12/Q3-11 |
|---|---|---|---|
| Egide SA | 4.3 | 3.3 | - 1.0 |
| Egide USA | 1.5 | 2.3 | + 0.8 |
| Egide UK | 0.5 | 0.7 | + 0.2 |
| Egima | 0.1 | 0.1 | = |
| Total revenues | 6.4 | 6.4 | = |
* (non-audited)
Egide SA represented 52% of the quarterly consolidated sales (against 67% in Q3-11), Egide USA 36% (against 24%), Egide UK 11% (against 8%) and Egima 1% (stable).
Despite the recovery of the European Space market, Egide SA has suffered from the lack of an improvement in the Telecoms market and the strong decrease in activity from its main export customer in infrared, while Egide USA took advantage of the good trend in its domestic markets. Egide UK has continued its progression in its niche markets.
Philippe Brégi, Egide's CEO, comments: "The stability of our sales over a few quarters confirms the 'on-hold' situation of the worldwide economy. Egide, which remains an industrial group with strong technical capabilities and with the assets to match, retains its full potential as the recognized supplier of reference for its high-end products."
About Egide
Egide SA is a European group with international scope specializing in the manufacture of hermetic packages for sensitive electronic components. The Group is active in high tech sectors, including Aerospace, Defense, Security, Aeronautics, Telecommunications, Automotives and Medicine. The only dedicated manufacturer in its niche, Egide has facilities in France, the United States and Great Britain.
To find out more about Egide, visit: www.egide.fr
EGIDE is listed on NYSE Euronext Paris™- Compartment C - ISIN: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID
Egide renewed its OSEO Innovative Company label on 11 June 2012
Environmental and quality management systems certified ISO 9001:2008 and ISO 14001:2004
Contacts
EGIDE – Financial Department - Philippe Lussiez - +33 1 30 68 81 00 - [email protected] FIN'EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 – [email protected]