Sogeclair: Consolidated turnover for the 1st half 2023: +7,4% at €72.6M / At constants exchange rate and perimeter*: +7.0%
July 19 2023 - 11:35AM
Sogeclair: Consolidated turnover for the 1st half 2023: +7,4% at
€72.6M / At constants exchange rate and perimeter*: +7.0%
Blagnac, France, July 19th 2023-5.35 pm,
Montreal, Canada
Consolidated turnover for the 1st half
2023: +7,4% at €72.6MAt constants
exchange rate and perimeter*: +7.0%
SOGECLAIR, supplier of
innovative solutions with high added value for a safer and
less-consuming mobility announces today its turnover for the 1st
half 2023, ending on June 30, 2023.Despite an unfavorable base
effect (+14.3% in the 1st half of 2022), the 1st half of 2023
closed with sustained growth of 7.4% (7% at constants exchange rate
and perimeter). Growth was driven by the commercial aviation
(+17.4%), defense, rail and business aviation sectors (each between
+8.2% and +8.7%), while the automotive (-6.3%) and industrial
(-36.1%) sectors suffered.In the 2nd quarter, turnover rose by
6.7%.
* The change variations over
the period represent €0.3M against € 1.5M in 2022.
By geographical area |
H1 2023
turnover(€M) |
H1 2022
turnover(€M) |
Impact on 2023
turnover (as %) |
Evolution(as %) |
France |
32.6 |
36.5 |
44.9% |
-10.8% |
Europe |
17.0 |
13.1 |
23.4% |
+29.6% |
America |
18.1 |
13.0 |
24.9% |
+38.8% |
Asia-Pacific |
3.6 |
4.6 |
5.0% |
-20.5% |
Rest of the world |
1.3 |
0.3 |
1.8% |
+305.0% |
Differences are due to rounding.
Europe and America are the fastest-growing
regions, while France and Asia-Pacific are in decline after the
strong increases of 2022 (+17.9% and +43% respectively).
By Business Unit |
Turnover (€M)H1-2023 |
Turnover (€M)H1-2022 |
Variation (as %) |
EngineeringAt constants exchange rate and perimeter |
37.3 37.2 |
36.2 35.3 |
+3.1% +2.8% |
SolutionsAt constants exchange rate and perimeter |
34.8 34.6 |
31.1 30.0 |
+11.9% +11.3% |
Conseil |
0.5 |
0.3 |
NS |
Total |
72.6 |
67.6 |
+7.4% |
International |
40.0 |
31.0 |
+29.0% |
Differences are due to rounding.
The Engineering Business Unit -
support activity for manufacturers in the development of their
products, processes and product life cycle - (51.4% of turnover)
increases by 3.1%, driven by a strong recovery in commercial
aviation (+12.3%), a good performance in business aviation (+3.1%)
- SOGECLAIR awarded Diamond Supplier label for Bombardier for 3rd
year running - and the re-internalization of contracts in the space
and rail sectors.
The Solutions Business Unit -
equipment manufacturer activity - (47.9% of turnover) continues its
strong growth (+11.9%) with a base effect of +15.2% in 2022. The
main drivers are commercial aviation (+21.4% - upturn in production
rates) and business aviation (+25.8%), as well as rail (+8.9%) and
defense (+8.1%). The automotive sector slowed to -6.3%.
The Conseil Business Unit -
auditing, consulting and optimization of technologies and processes
- (0.7% of turnover – 0.4% over the quarter) in growth by 66.7%
after a start-up year in 2022.
Perspectives
The ONE SOGECLAIR plan is in place and markets
are dynamic. Potential growth is strong and will depend on our
ability to recruit new employees on all continents in a tense
market context.
Next announcement: results for H1 2023,
on September 06th, 2023, after closing of the Stock
Market
About SogeclairSupplier of
innovative, high added-value solutions for safer and more efficient
mobility, SOGECLAIR brings its skills in high-quality engineering
and production to a broad range of cutting-edge sectors, notably
aeronautics, space, vehicle, rail and defense. Supporting its
customers and partners from the design and simulation stages
through to the end of the product’s lifetime, all along the
production chain through to entry into service, the collaborators
are working worldwide to offer a high quality, proximity service to
all its customers.SOGECLAIR is listed on Euronext Paris –
Compartment C – Indice Euronext® Family Business -Code ISIN:
FR0000065864 / (Reuters SCLR.PA – Bloomberg SOG.FP) Contacts:
Philippe ROBARDEY, Chairman of Board of SOGECLAIR / Olivier PEDRON,
Chief Executive Officer of SOGECLAIR / +33(0)5 61 71 70 33Press
contact: Louise-Marie Thabard / SOGECLAIR Communication /
louise-marie.thabard@sogeclair.com / +336 75 95 12 20
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