ESI Group: 2020 Sales: Resilient, in Line With Group's Expec

ESI Group: 2020 Sales: Resilient, in Line With Group's Expectations


ESI Group: 2020 Sales: Resilient, in Line With Group's Expectations
2020 shows the resilience of ESI Group's business model: sales were 132.6 million euros (-8.7% at constant exchange rates cer) with a modest decrease of Licenses (-5.1% cer) and a more significant decrease in Services due to Covid reducing customer access (-22.3% cer)
Strong installed base with a stable repeat business
Confirmation of mission critical activities per industry
Regulatory News:
ESI Group (Paris:ESI), Paris, France, (ISIN Code: FR0004110310, Symbol: ESI), releases its sales for the fourth quarter of 2020 (period from October 1
st to December 31
st to December 31
th, 2021.
"
In 2020, in one of the worst health and economic crises in our lifetimes, ESI demonstrated the resilience of its business model. ESI provides reliable and customized solutions anchored on predictive physics to allow industries to take the right decisions at the right time. We increased our engagement with customers, limited our revenue decrease and continued our corporate transformation. It is now clear that 2021 will be a year of accelerating innovation in the industries we serve as the Covid crisis demonstrated to all our customers and prospects the urgency of change, to seek considerable gains in performance at economic, human and environmental levels. We will build on our extensive installed base of the world's leading innovators while extending the value we deliver to our customers through outcome solutions. We start 2021 with the confidence in our repeat business and in our ability to execute on opportunities to extend our reach."

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