ESI Group: 2017 Full-year results

A year of transformation

  • Ongoing and controlled transformation
  • Catalyst and integrator of the industrial transformation
  • Revived sales momentum

PARIS — (BUSINESS WIRE) — April 18, 2018 — Commenting on the full-year results, Alain de Rouvray, Chairman and Chief Executive Officer of ESI Group, said: “The operational performances over the year are significantly impacted by the transformative actions implemented to successfully deploy the new value proposition of the Group that addresses the emerging needs of our clients. This proposition is tied to the Outcome Economy and the Industry of the Future, drivers of unprecedented and accelerated changes in the economic and competitive context for manufacturing industries. It positions the Group as a catalyst and integrator of our customers’ digital transformation as they apply our multi-domain Virtual Prototyping solutions.

To consolidate our solutions, adapt our sales strategy and build methodological support teams for customers, we have implemented an active investment policy and a deep operational reorganization. Our disruptive solutions enable our customers to reduce time-to-market for innovative and more performant products in operation, targeting a “zero physical tests” methodology.

The major evolutions achieved in 2017, and pursued in 2018, pave the way for a new growth momentum. The shift towards Integral Virtual Prototyping in the pre certification phase and the Hybrid TwinTM to anticipate the “as-used” product performance in-Service have accelerated this trend. In this new and particularly aggressive and promising market, ESI has a unique positioning.”

Consolidated annual results

Financial year ending January 31

In € millions   FY 17   FY 16  

Δ at current

exchange rates

 

Δ at constant

exchange rates

         
Total sales 135.3 140.6 -3.8% -2.0%
Licenses 105.7 108.3 -2.4% -0.5%
Services 29.5 32.2 -8.4% -6.9%
 
Gross margin 97.8 103.1 -5.1% -3.1%
% of sales 72.3% 73.3%
 
EBITDA* 12.1 18.3 -33.7% -28.3%
% of sales 9.0% 13.0%
 
Current operating profit 9.2 15.4 -40.2% -34.0%
% of sales 6.8% 10.9%
 
EBIT 8.1 13.7 -41.1% -34.9%
% of sales 6.0% 9.8%
 
Attributable net profit 2.4 7.5 -68.4% -60.5%
% of sales   1.8%   5.4%        
 

1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
Aldec


Featured Video
Latest Blog Posts
Colin WallsEmbedded Software
by Colin Walls
Time for a new programming paradigm?
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automatic Handling of Register Clock Domain Crossings
Modesto (Mo) CasasGlobal Business in EDA
by Modesto (Mo) Casas
Globalizing Sales in a COVID-19 Environment
Jobs
Graduate Hardware Engineer for arm at Austin, Texas
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Upcoming Events
DVCon Europe 2020 Virtual at Germany - Oct 27 - 28, 2020
SystemC Evolution Day at Germany - Oct 29, 2020
2020 International Conference On Computer Aided Design at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020
TrueCircuits:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise