ESI Group: Q1 2019 Revenue up 1.4% to €26.6 Million

  • Growth in license sales
  • Solid installed base
  • Continued rollout of focused sales plan

PARIS — (BUSINESS WIRE) — May 28, 2019 — Regulatory News:

ESI Group (Paris: ESI), Paris, France, (ISIN Code: FR0004110310, Symbol: ESI) announced today its revenue for the first three months of the 2019 financial year1.

Revenue (€m)   Licenses   Services   Total
Q1 2019   20.1   6.5   26.6
Q1 2018 19.0 7.2 26.3
Change +5.6% -9.9% +1.4%
Change c.e.r   +2.1%   -11.6%   -1.7%

c.e.r. – constant exchange rates

Cristel de Rouvray, Chief Executive Officer of ESI Group, commented: “Our business model does not lend itself to quarterly interpretation, as quarterly metrics do not give a true picture of the results we expect from our focused sales plan. Looked at from a mid to longer term perspective, the solidity of our installed base is demonstrated by a very high recurrence. The trust of our innovation partners will help us to compensate for a slow start in the Services business. In this early part of the fiscal year, we continue to confidently and rigorously roll out our plan to create sustainable and lasting value for all our shareholders.”

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