SOGECLAIR: Consolidated turnover for the 1st half 2019

information fournie par Boursorama •24/07/2019 à 18:23

Consolidated turnover for the 1st half 2019: +19.8%
At constant exchange rate and perimeter*: +13.1%

SOGECLAIR, designer of innovative, high added-value solutions and products for the aerospace and transport sectors, announces today its consolidated turnover for the 1st half 2019, ending on June 30th 2019. It stands at €90.6 million compared with €75.6 million for the same period in 2018 that is to say up by +19.8% (+13.1% at constants exchange rate and perimeter*).
* The turnover at constant perimeter is deducted from the share produced by companies acquired on the 1st August 2018 representing €M3.2. The impact on the turnover related to exchange rate fluctuations represents €M1.8.

Aerospace division (82.7% of turnover) at +15.1% benefits from the exchange rate for €1.8 million, from a strong growth (+14.6%) of business aviation and from a favorable basis of comparison. The thermoplastic and aircraft interior activities benefit from the ramp-up of recent programs and from circumstantial overstocking to cope with Brexit.

Simulation division (15.7% of turnover) jumps by 55.1% thanks to the SYDAC acquisition in August 2018. At constant exchange rate and perimeter, the progression comes to +19.7% driven by the subsidiary A.V. Simulation which increases strongly despite the discrepancies in the large simulators system businesses.

Vehicle division (1.6% of turnover) increases by 5.6% (of which +16.1% at the 2nd quarter).