CONSOLIDATED 2017 3RD QUARTER TURNOVER UP BY 8.67%
SOGECLAIR, the designer of innovative high added-value solutions and products for the aerospace and transport sectors, today reports its turnover for the third quarter of 2017, ending on September 30th 2017.
The activity’s development is led by the North American strong dynamic and by all group’s divisions.
The Aerospace division, up by 6.5%, increases by 7.57% in the 3rd quarter alone, despite a negative USD effect. The decrease of European activities is particularly sensitive in UK (partner portage), while the North American activity is very dynamic.
The Simulation division, up by 15.2%, slows down in the 3rd quarter due to a significant base effect related to purchases in Q3.2016 (cf. Q3.2016 press release). It benefits from high taking of orders in the automotive area which effects will be felt from Q4.2017.
The Vehicle division, up by 142.3%, continues its 2017 rally by 236.7% in the 3rd quarter through the contracts effects that the group still wins for 1 year and a positive base effect on an wait-and-see 2016 period.
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