SOGECLAIR S.A Blagnac,
Turnover over the first 9 months as of
At constants exchange rate and perimeter *: -2.0%
At constants exchange rate and perimeter, the turnover for the 3rd quarter 2021 increases by 12.7% compared with the 3rd quarter 2020. Nine-month turnover decreases by 2% at constants exchange rates and perimeter.
*Exchange rate variations over the period represent €1.6M, they were no significant in 2020.
Changes in the scope of consolidation over the period represent €-3.6M (restructuring in
| By division | Turnover (€ million) 9 months 2021 | Turnover (€ million) 9 months 2020 | Variation as % | |
| Aerospace At constants exchange rate and perimeter | 66.6 67.5 | 70.3 65.9 | -5.2% +2.4% | |
| Simulation At constants exchange rate and perimeter | 20.6 20.5 | 23.9 23.9 | -13.9% -14.1% | |
| Vehicle | 0.7 | 0.7 | -9.7% | |
| Total | 87.9 | 94.9 | -7.4% | |
| International | 42.0 | 50.5 | -16.7% |
Differences are due to rounding.
Aerospace division (75.8% of turnover) grows by 15.2% in the quarter. All segments are increasing with business aviation which at more than 17.9% over the 3rd quarter represents 42.3% of the consolidated turnover; commercial aviation confirms its rebound at 10.3% over the quarter for 26.2% of the consolidated turnover; space represents +3.7%.
Simulation division (23.4% of turnover) is stable at -0.1% supported by the rail and defense segments which are growing strongly, while the automotive segment is declining due to the crisis in the sector and the end of research large simulators.
Vehicle division (0.8% of turnover) at -31.2% over the 3rd quarter remains under pressure from international business cycles and public orders, particularly in the field of mine countermeasures and improvised explosive devices.
| By geographical area | 9 Months turnover 2021 (€ million) | Impact on Turnover (as %) | Evolution (as %) | |
| 45.8 | 52.2% | +3.3% | ||
| 18.2 | 20.7% | -28.3% | ||
| America | 18.6 | 21.2% | -10.0% | |
| 4.7 | 5.3% | +27.8% | ||
| Rest of the world | 0.5 | 0.6% | -28.5% |
Differences are due to rounding.
Over the 3rd quarter, all areas are growing except for America which declines slightly by 2.3%. Growth was driven by
| By activity | 9 Months turnover 2021 (€ million) | Impact on Turnover (as %) | Evolution (as %) | |
| Development* | 20.6 | 23.4% | +14.9% | |
| Serie* | 26.8 | 30.5% | -11.8% | |
| Products | 40.5 | 46.1% | -13.1% |
* Engineering service activities
The rebound is confirmed with, as in the 2nd quarter, all activities progressing. Development grows by +38.4% over the 3rd quarter, products by +7.6% and serie by +6.6%.
Perspectives
The good figures for the 3rd quarter confirm the confidence in the recovery of the activity quarter after quarter for more than a year. The "ONE SOGECLAIR" plan presented last September will be operational on the 01st of
Next announcement: Q4 2021 turnover on February, 02nd 2022 after closing of the Stock Market.
About
Designer and manufacturer of innovative high added-value solutions,
Contacts: Philippe ROBARDEY, President & CEO of
Attachment
- PR-Turnover Q3 2021-EN
© OMX, source
