Sogeclair: TURNOVER 2023: €148M (+9.7%; +10.6%*)
January 31 2024 - 10:35AM
UK Regulatory
Sogeclair: TURNOVER 2023: €148M (+9.7%; +10.6%*)
Blagnac, France, January
31st 2024-5.35 pm
Montreal, Canada
TURNOVER 2023: €148M (+9.7%;
+10.6%*)
TURNOVER 4TH
QUARTER 2023: €40.2M
(+13.8%)
SOGECLAIR, supplier of
innovative solutions with high added value for a safer and
less-consuming mobility announces today its turnover ended 31
December 2023.
* The change
variations over the period represent €-1.2M against € -3.7M in
2022.
Turnover for 2023 is up by 9.7%. This is the
eleventh consecutive quarter of increased turnover (+13.8% in Q4).
Commercial aviation (36.7% of turnover) confirmed its rebound at
+20.4%, while rail (8.5% of turnover) grew by 11.1%. Defense (4.8%
of turnover) grew strongly by 35.9%, business aviation (38.3% of
turnover) continued to grow by 5.2% and automotive (8% of turnover)
was down slightly by 2.2%.
|
By geographical area (€M) |
Turnover
2023 |
Impact on 2023 turnover
(as %) |
Evolution
(as %) |
|
France |
66.7 |
45.1% |
-3.0% |
|
Europe |
33.8 |
22.8% |
+27.1% |
|
America |
37.6 |
25.4% |
+23.2% |
|
Asia-Pacific |
7.8 |
5.3% |
-7.6% |
|
Rest of the world |
2.2 |
1.5% |
+213.7% |
Differences are due to rounding.
Business growth is driven by Europe, and North
America is a major growth driver in the One Sogeclair 2030
plan.
|
By Business Unit |
Turnover (€M)
2023 |
Turnover (€M)
2022 |
Variation
(as %) |
Engineering
At constants exchange rate and perimeter |
74.2
74.4 |
71.8
71.8 |
+3.2%
+3.5% |
Solutions
At constants exchange rate and perimeter |
72.9
73.9 |
62.1
62.1 |
+17.5%
+19.1% |
|
Conseil |
0.9 |
1.0 |
NS |
|
Total |
148.0 |
134.9 |
+9.7% |
|
International |
81.3 |
66.2 |
+22.9% |
Differences are due to rounding.
Engineering (support for
manufacturers in the development of their products, processes and
life cycle - 50.1% of turnover).
Decarbonized aviation was the driving force of
this activity, with Research and Technology projects for commercial
aviation at Airbus, as well as the presence on several projects of
players developing alternative modes of transportation (hybrid,
electric, and airship).
The other business driver is the extension and reinforcement of the
geographical offering, especially in North America (23.4% of the
BU, up by 11.3%), which serves as a relay for the Europe zone,
which will see new major programs start up in the second half of
the decade. In addition to its long-standing expertise in
interiors, the America zone now draws on first-rate know-how in
aerostructure design, through an organization combining a
strengthened front office and a worldwide back office.
Solutions (support for
manufacturers and operators in simulation and equipment supply -
49.3% of turnover).
Simulation (47.8% of the BU, software products
and simulators grew by 8.4%) was driven in balanced proportion
by:
- Development (shorter development
cycles, reduced need for physical prototypes, testing via digital
twins for the automotive, aerospace and defense industries).
Noteworthy during the year was the delivery and inauguration of the
ROADS automotive simulator, underway since 2018.
- Training (anticipation and
reduction of geographically distributed training, perfect
traceability, cost reduction, increased safety).
Equipment (52.2% of the BU, grew by 27.1%) was
buoyed by the ramp-up of commercial and business aircraft
manufacturers, and through strong growth in interior fittings
located in North America (+48%), as well as in Thermoplastics
activities (+15%).
Conseil (audit, consulting and
optimization of technologies and processes - 0.6% of turnover).
This activity, created on January 1st 2022, ended the
year with a turnover of €0.93m after the integration of the
innovative materials business into the Solutions BU.
PERSPECTIVES
Our markets are growing, our technologies are
promising for safer, more restrained mobility, and our geographical
locations offer strong potential, all of which underpin our
attractiveness.
SOGECLAIR remains confident for its growth in
2024 and for the execution of its 2030 plan, which targets a
turnover of €250 million.
Next announcement: Result for 2024 on
March 13th 2024 after
closing of the Stock Market
About SOGECLAIR
Supplier 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 Growth Paris - Indice Euronext®
Family Business -Code ISIN: FR0000065864 / (Reuters SCLR.PA –
Bloomberg SOG.FP)
Contacts: Philippe ROBARDEY. Chairman of the Board / Olivier
PEDRON. Chief Executive Officer / +33(0)5 61 71 70 33
Press contact: Louise-Marie Thabard / SOGECLAIR Communication
/ louise-marie.thabard@sogeclair.com / +336 75 95
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