SOGECLAIR : Consolidated 2019 1st quarter turnover

information fournie par Boursorama •06/05/2019 à 17:45

SOGECLAIR, designer of innovative, high added-value solutions and products for the aerospace and transport sectors, announces today its turnover for the 2019 1st quarter, ending on March 31st 2019, in growth of 22.2% and 15.2% at constants exchange rate and perimeter.

Aerospace division (82.8% of turnover) benefits fully from the exchange rate for 1.1 €M and from a favorable effect linked to a sold overproduction of precautionary stocks, to cope with Brexit (around 1 €M). Apart from these two evolutions, the growth comes to 10%.
To point a quasi-equality of business aviation activities with commercial aviation activities.

Simulation division (15.8% of turnover) jumps by 70.3% thanks to the SYDAC acquisition in August 2018. At constant perimeter, the progression comes to +35% with, as announced, a strong dynamic of the autonomous vehicle.

Vehicle division (1.4% of turnover) fells by 6% due to the slowdown of military activities.

All the geographical areas are progressing, the International is growing by 24.7%. It reaches its highest historical level at 57.3% of the global turnover.

ll activities are progressing and products become the 1st activity of SOGECLAIR at 41.2% of turnover.