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Industry Summary Articles

Friday, March 13, 2015

ESI Group: 2014 Annual Sales

Good sales momentum over the 4th quarter, promising prospects for 2015

  • Solid Licensing activity
  • Finalization of the strategic refocusing of Services activity
  • Dynamic activity in Europe, difficult context in China and Russia
  • Success of our disruptive solutions of immersive virtual reality and environmental challenge response

Alain de Rouvray, ESI Group’s Chairman and CEO, comments: “The final quarter of 2014 reveals a positive sales dynamic partially overshadowed by transition effects affecting both Licenses and Services over the first three quarters. This performance confirms the anticipated intensification of the seasonal effect. The year was also marked by a negative currency effect and a difficult political and economic context in BRIC countries. Nevertheless, the deployment of our solutions among both business sector leaders and their suppliers continues to highlight the essential strategic importance of our technological solutions in the generation of productivity gains in industry and the continual quest for innovation. In particular, the success of our immersive virtual reality offering and the interest in our solutions enabling a response to environmental challenges such as air quality and renewable energy illustrate the solidity of our strategy and its diversification potential. Driven by the positive commercial indicators observed at the start of 2015, ESI Group remains confident in its growth and profitability improvement prospects initiated in 2014.”

To view an unabridged version of this press release, visit: http://www.esi-group.com/company/investors/news/2014-annual-sales

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