Regulatory News :

Hologram. Industries (Paris:HOL) :

? millions   2012   2011   Change   2010
1st quarter   9.7   9.0   +7%   5.5
2nd quarter   12.9   11.3   +14%   8.9
1st half   22.5   20.3   +11%   15.4
3rd quarter   11.0   9.9   +11%   8.1
4th quarter   15.3   12.9   19%   8.5
Total   48.9   43.2   +13%   32.0
  • Strong rise in Q4 sales: +19%

The Group ended the year with a record fourth quarter performance on sales exceeding ?15 million, up from ?13 million year-on-year, representing growth of 19% for the period.

For the full year, sales showed strong growth of 13% to reach ?48.9 million.

Digital activities in the fourth quarter represented sales volume of ?1 million or ?3.9 million for the 2012 full year, up 11% on 2011.

New business contributed ?7.1 million in FY 2012 up from ?5.1 million in 2011 (?3.0 million in 2010), growing more than twofold in two years.

  • Revenue by user application
? millions   2012   2011   Change
     
Identity documents 25.7 52% 21.0 49% +4.7 +22%
Vehicle identification 10.8 22% 10.3 24% +0.5 +5%
Brand protection 4.7 10% 7.2 17% -2.5 -34%
Fiduciary documents 6.0 12% 3.9 9% +2.1 +53%
Other 1.7 4% 0.7 2% +1.0 +70%
                 
Total 48.9 100% 43.2 100% +5.8 +13%

Throughout the 12-month period, growth continued to be driven mainly by identity documents (+22%) and vehicle protection (+5%). Identity documents remain the Group's primary user application (52% of consolidated revenue) with sales of ?25.7 million.

The strongest rise in the period was in the fiduciary market (+53%), boosted by an excellent fourth-quarter performance in terms of billings (?3.5m) and confirming this segment's position as a growth driver.

Brand protection in contrast, significantly impacted by a sharp drop in sales exceeding expectations with Motorola, ended down 34% overall for the full year.

  • Revenue by geographical market
? millions   2012   2011

 

Change

     
Western Europe 21.1 43% 14.4 33% +6.7 +46%
Eastern Europe 8.6 18% 7.9 18% +0.7 +9%
Rest of the world 19.2   39% 20.9   49% -1.7   -8%
Of which: Americas 5.3 11% 6.5 15% -1.2 -18%
Of which: Asia Pacific 11.1 23% 11.2 26% -0.1 -1%
Of which: Africa Middle East 2.8 5% 3.2 7% -0.3 -10%
                 
Total 48.9 100% 43.2 100% 5.8 +13%

The biggest gains were in Europe with growth of 46% in Western Europe and 9% in Eastern Europe while sales volume outside Europe declined 8% in the period reflecting the significant drop in sales with Motorola.

  • Outlook

With recurrent business accounting for the major share of existing sales, and based on projected volume for new business, in particular with accelerating contributions from growth drivers, the Group expects double-digit revenue growth in FY 2013.

Next press release: 2012 annual results

March 5, 2013 (after the close of trading on NYSE-Euronext Paris)

Hologram. Industries is a provider of high security anti-counterfeiting solutions for:
- Identity documents
- Vehicle documents
- Brand products
- Fiduciary documents;
- Identifying and searching for illicit digital content
In 2012 the Group had sales of ?49 million. The expertise of Hologram. Industries is based on two major technology areas: computing and optics.

www.hologram-industries.com

Euronext Paris- ISIN code: FR0000062168

Financial communications
Asset Com
Laurence Costes
Tel.: + 33 1 41 22 90 95
lcostes@assetcom.fr
or
Press relations
Kablé Communication
Nolwenn Salaün
+33 1 44 50 54 74
catherine.kable@kable-cf.com
or
Investor relations
Hologram. Industries
Grégory Wagemans
+ 33 1 64 76 31 00
finances@hologram-industries.com