ECA : Revenue for the 1st quarter of 2015: A satisfactory 1st quarter, boosted by strong business activity from the Robotics and Integrated Systems division
|In € millions||Q1 2015||Q1 2014||Change (%)|
|Robotics and Integrated Systems||10.9||8.9||+21.3%|
|Revenue between the divisions and structure||(0.1)||(0.1)||-|
The ECA Group's consolidated revenue amounted to €17.7 million in the 1st quarter of 2015, compared with €17.3 million (+2.3%) in 2014.
This satisfactory first quarter was boosted in particular by the many successes of the Robotics and Integrated Systems division (see press releases of January 5 and March 5, 2015), which posted revenue of €10.9 million, compared with €8.9 million for the previous year, up by more than 21%. The division's order backlog remained steady at €63 million (€66 million at January 1, 2015).
Revenue for the Aerospace division was down in the 1st quarter, at €4.7 million (‑27.9%). This decrease should be offset by the very strong business activity expected in this division over the rest of 2015 (see press release of April 22, 2015).
Lastly, the Simulation division recorded strong growth of 11.6% over the quarter, posting revenue of €2.2 million, and enjoys a positive outlook for the rest of the year. The order backlog amounted to more than €17 million, which is relatively high for this business.
The consolidated order backlog amounted to €104 million at March 31, 2015, representing growth of nearly 24% compared with the previous year (€84 million at March 31, 2014).
Over the first half of the year, the Group is expecting growth in line with the satisfactory results of the 1st quarter. The encouraging outlook, in particular for the Robotics and Integrated Systems division, should strongly support this expected growth. Two significant contracts have already been announced (see press releases of April 10 and 17, 2015).
Over the full year, business should be stronger in the second half of the year (as usual), impacted by a major seasonal effect (58% of revenue for 2014 was posted in H2 2014).
Publication of revenue for the 1st half-year on July 27, 2015
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The ECA Group is renowned for its expertise in robotics, automated systems, simulation and industrial processes. Ever since 1936 it has been developing complete innovative technological solutions to perform complex missions in hostile or restrictive environments.
Its products are used by a demanding international clientèle requiring the highest levels of safety and efficiency, mainly in the sectors of defence, maritime, aerospace, simulation, energy and industrial equipment.
In 2013, the Group reported revenue of 94 M€ for its three Departments: Robotics, Aerospace and Simulation.
ECA Group is a Groupe Gorgé company.
ECA Group is listed on Euronext Paris Compartiment C.
Indices : SBF 250, CAC SMALL 90 et CAC IT- ISIN code : FR0010099515
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