Earnings Release • Apr 18, 2017
Earnings Release
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Trappes, April 18th, 2017 - 7:00am CET - Consolidated revenue (unaudited) for the 2017 first quarter amounted to €6.45 million, up 12.1 % year-on-year and 19.9% from the 2016 last quarter.
| In million Euros, unaudited | 2016 | 2017 | Variation |
|---|---|---|---|
| 1 st quarter | 5.75 | 6.45 | $+12.1%$ |
For the record, Santier Inc. has joined Egide Group on February 28th, 2017. Then, the consolidated revenue for the first quarter 2017 includes one month of Santier Inc.'s activity, which amounted $\epsilon$ 0.75 million.
Excluding the changes in the consolidation perimeter (i.e. without revenue from Santier Inc.), revenue for the first quarter 2017 would have been slightly lower (-1 %) year-on-year and increasing by 5.9 % from the last quarter of 2016.
In the 2017 first quarter, Egide SA contributed 60 % to total consolidated revenue (unaudited), Egide USA 29 % and Santier Inc. 11 %.
The 2017 first-quarter sales break down as follows:
Egide is a group with an international dimension, specialized in the manufacture of hermetic packages for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Infrared, Optronics, High-Frequency, Power Units...). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.
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Egide shares are eligible for the French tax incentivized PEA-PME and FCPI investment vehicles.
To find out more about Egide: www.egide-group.com
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