EGIDE : 2017 first-half revenue Press

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
58
EGIDE : 2017 first-half revenue

Press release      

2017 first-half revenue Satisfactory integration of Santier and H1 revenue in line with objectives

Trappes July 11, 2017 - 6:30pm (CET) - Egide Group had consolidated revenue (unaudited) for the 2017 first half of €14.66 million, an increase of 27 % year-on-year. These revenues include sales from Santier in 2017 from March 1 st . Excluding the impact of this acquisition, revenues are stable year-on-year.

(€m) 2016 2017* Change
1 st quarter 5.75 6.45 + 12 %
2 nd quarter 5.79 8.21 + 42 %
H1 11.54 14.66 + 27 %

     * unaudited

Revenue by application broke down as follows:

(€m) H1-2016 H1-2017 * YoY Change
Thermal Imaging 5.45 5.33 - 2.2 %
Power 3.02 3.32 9.9 %
Optronics 1.31 1.70 29.8 %
Microwave 1.14 2.77 142.9 %
Others 0.62 1.54 148.4%
Total revenue 11.54 14.66 27.0 %

     * unaudited

Revenue by unit broke down as follows:

(€m) H1-2016 H1-2017 * YoY Change
Egide SA (France) 7.29 7.55 + 4%
Egide USA (USA) 4.25 3.99 - 6.1%
Santier (USA) - 3.12  -
Total revenue 11.54 14.66 27.0%

     * unaudited

Exchange rate Euro vs Dollar had a positive impact by 1% in revenue in H1-2017.

James F. Collins, Chairman & CEO, commented: "Revenues for the first half of the year are in line with our expectations. The integration of Santier is progressing exactly as planned after 4 months of activity within the group. There appears to be a rebound of activity at the Cambridge facility (USA), some of which is in high temperature co-fired ceramic materials for the Thermal Imaging market. This is unfortunately offset by the impact of the decision by our client Textron Defense Systems to discontinue manufacturing operations related to the Sensor Fused Weapon program ($0.7 million of revenue in H1-2016).  The Bollene facility (France) continues to grow its revenue in the Thermal Imaging and Data-Com market segments.  The H1-2017 order intake for the different entities of the group is strong, and our backlog appears to support our objectives for 2017 and beyond."

To find out more about Egide : www.egide-group.com

Egide is a group with an international presence specializing in the manufacture of hermetic packages for sensitive electronic components. It operates in cutting edge markets with strong technology barriers to entry in all critical industry segments (Thermal Imaging, Optronics, High-Frequency, Power Management.). Egide is the only pure player in this market niche with manufacturing bases in France and the United States.

Egide renews OSEO certification as an innovative company ( entreprise innovante ) on July 30, 2015 ISO 9001:2008 and ISO 14001:2004 certified quality and environmental management systems Egide is listed on Euronext Paris(TM)- Segment C - ISIN : FR0000072373 - Reuters  : EGID.PA - Bloomberg : GID Egide shares are eligible for the French tax incentivized PEA-PME and FCPI investment vehicles

Contacts EGIDE - Finance Department - Philippe Lussiez - +33 1 30 68 81 00 - plussiez@fr.egide-group.com Fin'extenso -  Press Relations - Isabelle Aprile - +33 1 39 97 61 22 - i.aprile@finextenso.fr

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...f6ea639fe7

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Eric Dalton: Redefining Homecare with Vision and Strategy

Updated Category News Views 73

What's Behind Eric Dalton's Continued Recognition? Now, if you told me a healthcare leader’s named 'Visionary of the Year' twice in a row, my first thought isn't 'stretch goals' but 'show me the goods.' And that’s precisely what Eric J. Dalton has done. The Vice President at Angels on Call Homecare isn't just tooting his own horn; he's building a damn symphony in the...

Continue Reading
LG Energy Sparks Global Innovation with BIC 2026

Updated Category News Views 0

Innovating Beyond Boundaries with LG Energy The world of battery tech is on fire, and LG Energy Solution is fanning the flames with their Battery Innovation Contest 2026 (BIC 2026). From October 29 to December 6, 2026, universities and research hives across the globe are being beckoned to pour their battery brilliance into this contest. These aren't just any research...

Continue Reading
Clip Expands Horizons with Pulpos Acquisition, New Board Member

Updated Category News Views 128

Clip's Strategic Move with Pulpos Clip just laid down a serious marker in the digital payment world by snagging Pulpos, a firm that’s got its claws deep into AI-driven business management software. This move isn't just some fancy headline. It's a real, grounded step in expanding Clip's ecosystem to bolster the backbone of Mexico's economy: small and medium-sized...

Continue Reading
Genefluence Launches Rapid UTI PCR Test at Chelsea Hospital

Updated Category News Views 67

There's a fresh breeze blowing through the dusty corridors of healthcare, shaking things up for the better. You see, Genefluence, the brainchild of Professor Chris Toumazou, isn't just throwing a bunch of tech jargon around—it's setting the stage for a much-needed shake-up in how we handle urinary tract infections (UTIs) and, believe me, it couldn’t have come sooner....

Continue Reading
Honeywell Aerospace Posts Solid Q3, Raises Guidance

Updated Category News Views 74

Honeywell Aerospace Surprises with Strong Third Quarter In a world where numbers are often as slippery as a greased pig, Honeywell Aerospace (NASDAQ:HONA) has managed to pin down a surprisingly robust third quarter. Let’s break it down: they’ve claimed sales of a cool $4.6 billion, reflecting a 2% bump both in reported and organic revenue from the previous year, and...

Continue Reading
Oracle's Bold Vision: Targeting $225B Revenue by 2030

Updated Category News Views 132

Oracle Lays Down a Bold Gauntlet Oracle Corporation (NYSE: ORCL) sure knows how to draw the spotlight. With their recent Investor Day in Vegas, they've laid out ambitions that could make even the most seasoned Wall Streeter spit out their coffee. Who would've thought they'd be betting on a whopping $225 billion in revenue by FY30? That's supposed to be a more than 35%...

Continue Reading
2026 Global Ocean Forum Unveils Key Marine Strategies

Updated Category News Views 0

Riding the Waves in Qingdao It ain't every day that a talk-fest dedicated to oceans gets my attention, but when the Global Ocean Development Forum plants its flag in Qingdao, even I sit up. We're talking about some real fireworks in the marine economy sector with this gig's '1+1+4+8' framework. Now, before you scratch your head on the bingo numbers—it's the opening...

Continue Reading
TransCode Pursues Strategic Moves for TTX-MC138 Value

Updated Category News Views 56

A New Chapter for TransCode? Every once in a while, you find companies taking bold steps that make the market look twice. Today, that’s TransCode Therapeutics (NASDAQ: RNAZ) putting their chips on the table, determined to find the best route forward for their oncology efforts. Now, I’ve seen outfits talk plans without substance, but getting Tungsten Advisors on board...

Continue Reading
Firehawk Defense Secures $150M, Valuation Hits $1.4B

Updated Category News Views 36

Firehawk Defense Lands Major Funding Think about it—Firehawk Defense, a gutsy Dallas-based new-kid-on-the-block, just snagged a whopping $150 million in fresh funding. The news? Their valuation's now sitting pretty at $1.4 billion. Not peanuts, by any means. For a company in the artillery game, that's a blast of an announcement. They're predicting they'll become the big...

Continue Reading
Step into Fear: Dead by Daylight in Moreno Valley

Updated Category News Views 54

Immersive Horror in Moreno Valley Walking straight into the fog of your nightmares isn't for the faint-hearted, but that's the kind of thrill the Moreno Valley Museum & ArtSpace is serving up with its new Dead by Daylight Immersive Experience. Kicking off just in time for Halloween on October 30, this isn't your average stroll in a museum—it's a heart-pounding,...

Continue Reading

Top 5 Most Recently Viewed Articles

Elevate Your Cooking with Epicurean's A.1. Steakhouse Butter

Updated Category News Views 293

Epicurean Butter Expands Offerings with New A.1. Steakhouse Butter Epicurean Butter, a brand recognized for its commitment to quality and exceptional flavor, has recently introduced a game-changing product for home cooks: A.1. Steakhouse Butter. Created in partnership with Kraft Heinz, this innovative butter is now available at select grocery stores in Texas, making it...

Continue Reading
Alex Vari Appointed CFO at MainStreet Bank, A Strong Move

Updated Category News Views 218

MainStreet Bank Names Alex Vari as Chief Financial Officer In a significant internal promotion, MainStreet Bancshares, Inc. has announced that Alex Vari is stepping up as the Executive Vice President and Chief Financial Officer (CFO) of MainStreet Bank. This appointment underscores the bank's commitment to fostering strong leadership from within its ranks. Acknowledgment...

Continue Reading
The Impact of AI on Customer Discovery and Lead Generation

Updated Category News Views 143

The Transformative Role of AI in Customer Discovery AI-powered tools are radically changing how customers find and interact with businesses. A recent analysis by CallRail reveals that large language models (LLMs) like ChatGPT are influencing customer choices considerably. The findings indicate that AI tools are not just enhancing the customer experience but are reshaping...

Continue Reading
Project InnerSpace: Leading the Charge for Geothermal Growth

Updated Category News Views 186

Project InnerSpace Revolutionizes Geothermal Energy Funding Project InnerSpace (InnerSpace) has emerged as a frontrunner in the geothermal energy sector, now recognized as the largest independent nonprofit organization funding next-generation geothermal initiatives globally. Despite achieving $16.6 million in research investments, the organization is not celebrating just...

Continue Reading
How Jay Powell's Decisions Impact Tax-Free Municipal Bonds

Updated Category News Views 140

How Jay Powell's Recent Moves Affect Municipal Bonds During a quiet holiday break, many were intrigued to learn about how Jay Powell’s recent adjustments could potentially ignite interest in high-yielding, tax-free municipal bonds. Recently, Powell made a quarter-point rate cut, yet simultaneously delivered a warning to investors, revising the Federal Reserve’s...

Continue Reading