Robust activity and transition effects

• Robust Licenses installed base
• Dynamic Licenses New Business
• Impact of the refocus of Services business

PARIS — (BUSINESS WIRE) — September 15, 2014 — Alain de Rouvray, ESI Group’s Chairman and CEO, comments:

“The growing use of our Virtual Prototyping solutions, illustrated notably by the strength of New Business in the Licenses activity, was mitigated in the first half by adverse economic effects such as the persistence of significant foreign exchange impacts, the effects of the refocus of non-core Services and the one-off deferral of significant License contracts at year-end. These effects, which will attenuate during the second half, are not expected to undermine the Group’s business momentum, leaving intact the potential for revenue growth over the full year. We will therefore continue to follow with confidence our roadmap as a strategic and critical partner of major OEMs who aim to accelerate the elimination of physical prototypes in the development of innovative industrial products.”

Change in second-quarter 2014 revenue

Year ending January 31 (unaudited figures)
By convention, the fiscal year running from February 1, 2014 to January 31, 2015 is referred to simply as “2014”.