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Industry Summary Articles

Friday, April 17, 2015

ESI Group: 2014 Annual Results

Improvement in profitability: Significant increase in EBIT and Net Profit

  • Gross Margin Improvement
  • Sustained R&D investment policy
  • Impacts of the operational cost control policy
  • Positive business momentum for 2015 

Alain de Rouvray, ESI Group’s Chairman and CEO, comments: "The significant improvement in our economic results over this fiscal year reflects the success of our profitability improvement and cost control policies, both to be continued over 2015. Our management team reinforcement and recent developments and acquisition advances have increased ESI solid assets to strengthen strategic relationships with OEMs and their Tier 1 suppliers and partners, and to amplify the use of our virtual prototyping solutions in their eco-system. The increasing use of our solutions by all stakeholders collaborating on the digital model via proprietary Cloud computing technologies, and our presence in new areas such as embedded systems and the life sciences, will strengthen and expand ESI market positioning.  ESI Group is fully aware of how crucial sustaining competitive innovation is to keeping our leadership position in helping our industrial clients work towards e.g. smart digital factories. This explains why we plan to maintain our investment momentum as well as our targeted acquisition strategy in 2015, while pursuing growth and increasing economic performance."

To view the original press release, please click here.

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