Sales growth of +6.6% at constant currency (+0.3% in actual terms)
- Dynamic Licensing activity in Q4 2013: +20.3% at constant currency
- Substantial negative currency effect
- Further geographical diversification: dynamism of BRIC countries
- Amplification of strategic partnerships
- Broadening of the sales offer thanks to recent acquisitions
Alain de Rouvray, ESI Group’s Chairman and CEO, comments: “The anticipated buoyant growth in Licensing activity observed over the final quarter of 2013 was a source of real satisfaction. This positive dynamic reflects the development of our industrial partnerships concretised by the signing of three-year contracts with major strategic customers. More generally, it illustrates the transition to digital technology by a growing number of industrial sectors, gradually leading the way towards an extended deployment. The integration of our recent acquisitions has further strengthened the collaborative and innovative aspect of our solutions; their field of application thus expands to the design phase and enables access in the Cloud to achieve more flexible and affordable computing power. The reported decrease in Services activity is associated with a number of exceptional contracts recorded in 2012 and with the strategic repositioning of business in the United States. As announced, the strong negative evolution of currency rates, and notably in the euro/yen parity, will have an impact on our economic profitability. The EBITDA should however improve at constant currency rates, for this year of consolidation and transition.”
To view an unabridged version of this press release, visit: http://www.esi-group.com/company/investors/news/2013-annual-sales
