PARIS, NOVEMBER 29, 2018 - Mersen (Euronext FR0000039620 - MRN), a global expert in electrical power and advanced materials, published a press release this morning relating to its Capital Markets Day.
To avoid any confusion, the Group would like to clarify that the following sentence must read as follows:
Consolidated sales on these four markets1 combined is expected to increase to close to €100 million in 2018, from €25 million five years ago. The Group's CAGR2 on these four markets combined is expected to reach between 10% and 15% over the next five years.
The presentations are available under the Investors section of the Group website atwww.mersen.com.
------
ABOUT MERSEN
A global expert in electrical power and advanced materials, Mersen designs innovative solutions to address its clients' specific needs to enable them to optimize their manufacturing performance in sectors such as energy, electronics, transportation, chemicals & pharmaceuticals and process industries.
With 6,400 employees working across 35 countries, Mersen recorded sales of €809 million in 2017.
INVESTOR AND ANALYST RELATIONS
MEDIA RELATIONS
Véronique Boca
Stanislas Mulliez/Guillaume Granier
Vice-President, Communications
Mersen
FTI Consulting Strategic Communications
Tel.: +33 (0)1 46 91 54 40
Tel.: +33 (0)1 47 03 68 10
Email:dri@mersen.com
Email:stanislas.mulliez@fticonsulting.com/
guillaume.granier@fticonsulting.com
1 Solar power, energy storage, silicon carbide mirrors, SiC semiconductor manufacturing.
2 CAGR: Compound Annual Growth Rate.
PAGE 1 OF 1
WWW.MERSEN.COM
Attachments
Original document
Permalink
Disclaimer
Mersen SA published this content on 29 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 November 2018 16:36:10 UTC
Global Expert in electrical specialties and graphite-based materials, Mersen designs innovative solutions to address its client's specific needs to enable them to optimize their manufacturing process in sectors such as energy, transportation, electronics, chemical, pharmaceutical and process industries. Net sales break down by family of products as follows:
- advanced materials (55.8%): graphite anticorrosion equipment (world No. 1), brushes and brushholders for industrial electric motors (world No. 1), and high-temperature applications of isostatic graphite (world No. 2);
- electrical power (44.2%): solutions for energy management (namely power electronics; world No. 1 supplier of passive components for power electronics), electric protection and monitoring (world No. 2 in industrial fuses manufacturing) and current collection for the rail market (world No. 1).
At the end of 2022, the group had 52 manufacturing sites worldwide.
Net sales are distributed geographically as follows: France (7.1%), Europe (24.8%), North America (35.8%), Asia/Pacific (28.7%) and other (3.6%).