Earnings Release • Dec 10, 2021
Earnings Release
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While the world economy is worried about the resurgence of the epidemic, Egide Group is approaching 2022 with serenity after securing new business engagements these recent weeks.
Thanks to the industrial efforts in Bollène and Cambridge, the Egide Group is able to respond positively to the dynamics of its markets, offering improved lead-time compared to its traditional competitors.
The Group is confirming again that its customers do not seem to be impacted by the worldwide shortage of electronic components that has been affected other high-volume market such as computers, mobile phones or automotive.
Jim Collins, President and CEO of Egide, comments: "2020 and 2021 were difficult years for the Group, particularly due to the health crisis and the fire at our Cambridge plant. The very good rhythm of our order book build-up in recent months, driven largely by the Defense sector, provides a solid foundation for a good year 2022. »
| FINANCIAL CALENDAR | ||
|---|---|---|
| 2021 full year sales | January 26, 2022 | |
| CONTACTS | ||
| EGIDE – Luc Ardon – CFO - +33 4 90 30 35 94 – [email protected] | ||
| FIN'EXTENSO – Press Relations - Isabelle Aprile - +33 1 39 97 61 22 – [email protected] |
Egide is a group with an international dimension, specialized in the manufacture of hermetic packages and heat dissipation solutions for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Thermal Imaging. Optronics. High-Frequency. Power Units…). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.
Egide is listed on Euronext Paris™- Segment C - ISIN code: FR0000072373 – Reuters: EGID.PA – Bloomberg: GID
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