HALF-YEAR RESULTS 2021

16 September 2021

Summary

  1. Progress on many fronts in Groupe Gorgé's activities
  1. H1 2021 financial results
  1. Solid outlook & revising guidance upward

2

Key advances in the first semester 2021

Revenue

Back on track to growth trajectory supported by sound markets

Profitability

Structural change in the profitability profile now materialising

Outlook

Strong position to seize new opportunities & contracts

3

I. Progress on many fronts in

Groupe Gorgé's activities

4

Drone activity: many progresses on different fronts

Confirming the good execution of the BENL contract

Major steps achieved in H1…

  • Successful sea trials of the UMISAS sonar
  • Preliminary Design Review approved,
    confirming that the solution will meet all requirements

…and preparation for the next ones well engaged

  • Management team in Belgium is set
  • Inauguration of the R&D site in Mouscron in September 22nd
  • Construction of the production site in Ostend under way

Positive signals on the AGV

development

  • Successful tests in real life situation
  • Demonstrations to potential clients ongoing in September

5

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Groupe Gorgé SA published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 15:51:10 UTC.