SOGECLAIR: results for 1st half 2018

information fournie par Boursorama •12/09/2018 à 17:40

H1 2018 : Turnover = €M 75.6 / EBITDA = €M 4,5*
Acceleration of Simulation
Strenghtening Management

SOGECLAIR, the designer of innovative high added-value solutions and products for the aerospace and transport sectors, reports its financial results for the first half of 2018, ending on June 30th 2018.

The growth of the activity is +1.75% (+5.1% at constant exchange rate).

The first half shows an acceleration of investments:
a) Strong « M&A » activity with the purchase of minority interests in Canada and then an acquisition in Pacific Asia on the 1st of August 2018,
b) The recruitment of 3 Top managers and the strengthening of teams (+122 people in 1 year - 93 people in the last 6 months),
c) Strong growth of the business aviation activity which counterbalances the decline of new developments activities for commercial aviation.

Perspectives
SOGECLAIR accelerates its investments and recruitments for:
 Entering new markets,
 Improve its competitiveness.
With its products and engineering offer, its international footprint, its sectoral and technological specialization, its high level partnerships, SOGECLAIR is configured to address its growth levers. Balancing activity and increasing geographic coverage through the acquisition of SYDAC on 2018/08/01, will intensify the growth forecast for 2018