Press release
2016 third quarter revenue
Trappes, Bollene & Cambridge, October 11, 2016 - 7:00 am (CET) - Egide Group had consolidated revenue (unaudited) for the third quarter 2016 of €5.25 million, an increase of 3 % year-on-year.
| (€m) | 2015 | 2016* | Change |
| 1st quarter | 4.97 | 5.75 | + 16 % |
| 2nd quarter | 4.88 | 5.80 | + 19 % |
| 3rd quarter | 5.12 | 5.25 | + 3 % |
| Total 9 months | 14.97 | 16.80 | + 12 % |
* unaudited
In the third quarter 2016, Egide SA contributed 65 % to total consolidated revenue and Egide USA 35 %.
Revenue by application broke down as follows:
| (€m) | Q3-2015 | Q3-2016 * |
| Thermal Imaging | 2.42 | 2.46 |
| Power | 1.33 | 1.25 |
| Optronics | 0.65 | 0.66 |
| Microwave | 0.43 | 0.60 |
| Others | 0.29 | 0.28 |
| Total revenue | 5.12 | 5.25 |
* unaudited
James F. Collins, Chairman & CEO, commented: "Despite delays requested by our customers, partially due to the US political environment, we still achieved modest growth in Q3-16. Thanks to a positive book-to-bill ratio, our backlog has continued to grow. While we expect H2-16 revenue to be soft relative to H1-16, we are optimistic for 2017."
Upcoming event: 2016 Revenue - January 10, 2017
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
and the Long-only Deferred Settlement Service (Euronext).
Contacts
EGIDE - Finance - Philippe Lussiez - +33 1 30 68 81 00 - plussiez@fr.egide-group.fr
FIN'EXTENSO - Press - Isabelle Aprile - +33 1 39 97 61 22 - i.aprile@finextenso.fr
