TURNOVER 2023: €148M (+9.7%; +10.6%*)
TURNOVER 4TH QUARTER 2023: €40.2M (+13.8%)
* The change variations over the period represent €-1.2M against € -3.7M in 2022.
Turnover for 2023 is up by 9.7%. This is the eleventh consecutive quarter of increased turnover (+13.8% in Q4). Commercial aviation (36.7% of turnover) confirmed its rebound at +20.4%, while rail (8.5% of turnover) grew by 11.1%. Defense (4.8% of turnover) grew strongly by 35.9%, business aviation (38.3% of turnover) continued to grow by 5.2% and automotive (8% of turnover) was down slightly by 2.2%.
By geographical area (€M) | Turnover 2023 | Impact on 2023 turnover (as %) | Evolution (as %) |
66.7 | 45.1% | -3.0% | |
33.8 | 22.8% | +27.1% | |
America | 37.6 | 25.4% | +23.2% |
7.8 | 5.3% | -7.6% | |
Rest of the world | 2.2 | 1.5% | +213.7% |
Differences are due to rounding.
Business growth is driven by
By Business Unit | Turnover (€M) 2023 | Turnover (€M) 2022 | Variation (as %) |
Engineering At constants exchange rate and perimeter | 74.2 74.4 | 71.8 71.8 | +3.2% +3.5% |
Solutions At constants exchange rate and perimeter | 72.9 73.9 | 62.1 62.1 | +17.5% +19.1% |
Conseil | 0.9 | 1.0 | NS |
Total | 148.0 | 134.9 | +9.7% |
International | 81.3 | 66.2 | +22.9% |
Differences are due to rounding.
Engineering (support for manufacturers in the development of their products, processes and life cycle - 50.1% of turnover).
Decarbonized aviation was the driving force of this activity, with Research and Technology projects for commercial aviation at Airbus, as well as the presence on several projects of players developing alternative modes of transportation (hybrid, electric, and airship).
The other business driver is the extension and reinforcement of the geographical offering, especially in
Solutions (support for manufacturers and operators in simulation and equipment supply - 49.3% of turnover).
Simulation (47.8% of the BU, software products and simulators grew by 8.4%) was driven in balanced proportion by:
- Development (shorter development cycles, reduced need for physical prototypes, testing via digital twins for the automotive, aerospace and defense industries). Noteworthy during the year was the delivery and inauguration of the ROADS automotive simulator, underway since 2018.
- Training (anticipation and reduction of geographically distributed training, perfect traceability, cost reduction, increased safety).
Equipment (52.2% of the BU, grew by 27.1%) was buoyed by the ramp-up of commercial and business aircraft manufacturers, and through strong growth in interior fittings located in
Conseil (audit, consulting and optimization of technologies and processes - 0.6% of turnover). This activity, created on
PERSPECTIVES
Our markets are growing, our technologies are promising for safer, more restrained mobility, and our geographical locations offer strong potential, all of which underpin our attractiveness.
Next announcement: Result for 2024 on
About
Supplier of innovative. high added-value solutions for safer and more efficient mobility.
Contacts: Philippe ROBARDEY. Chairman of the Board / Olivier PEDRON. Chief Executive Officer / +33(0)5 61 71 70 33
Press contact: Louise-Marie Thabard / SOGECLAIR Communication / louise-marie.thabard@sogeclair.com / +336 75 95 12 20
Attachment
- PR-CA T4 2023-EN
© OMX, source