Groupe Gorgé SA announced unaudited consolidated revenue results for the fourth quarter and full year 2017. For the quarter, consolidated revenue was EUR 80.6 million against EUR 78.5 million for the same period a year ago. Adjusted revenue was EUR 79.9 million against EUR 75.1 million for the same period a year ago. The decline in the business of the Protection of High-Risk Installations division was more than offset by the growth of the Smart Safety Systems division and by the solid performance of the 3D Printing division.

For the year, consolidated revenue was EUR 276.7 million against EUR 281.2 million for the same period a year ago. Adjusted revenue was EUR 274.0 million against EUR 272.1 million for the same period a year ago.

Groupe Gorgé is aiming for adjusted revenue between EUR 285 and EUR 295 million in 2018, with improved profitability as a prime objective.