Continuation of the positive trend of the first half and confirmation of the full-year outlook
- Strong sales in Licenses
- Last effects of the refocus of the Services business
- Growth of New Business and continued high rate of Repeat Business
- Robust business in Europe and difficult environment in the BRIC countries
- Impact of currency effects over nine months
Alain de Rouvray, ESI Group’s Chairman and CEO, comments: “Third-quarter sales continue the trend observed during the first half. The Licenses activity showed further strong demand for our innovative solutions, while the Services reflect the refocus in favor of high value added projects. We are anticipating an amplification of the seasonal nature of sales in the fourth quarter due to the repositioning of some License contracts, and the improvement in Services during this period. Encouraged by the commercial momentum of the Licenses, ESI Group maintains its expectations of growth and improvement of profitability over the full year.”
To view an unabridged version of this press release, visit: http://www.esi-group.com/company/investors/news/sales-3rd-quarter-2014
