Groupe Gorgé Announces Unaudited Consolidated Revenue Results for the Third Quarter and Nine Months of 2017; Provides Consolidated Revenue Guidance for 2017
For the quarter, the company reported revenue of EUR 59.3 million against EUR 60.7 million a year ago. This contraction is due to lower level of activity in the Protection of High-Risk Installations division, which was not fully offset by the very strong performance of the 3D Printing division.
For Smart Safety Systems, the group expects a very high level of business in the fourth quarter, which should enable it to achieve the targeted revenue of EUR 120 million for 2017. The target of consolidated revenue nearing EUR 300 million in 2017 is maintained.