Q1 2012 Revenue - 2.3% growth


The CS Group recorded total revenue of €52.3 million during the first quarter of 2012, up 2.3% compared to Q1 2011.

During the quarter, the Group booked €30.9 million in new orders, up 18.8% compared to Q1 2011. As of March 31, 2011, the order book stood at nearly 15 months of sales.


CA en M€1

Revenues 1 (in €millions)

Q1 2011

Q1 2012

Q1 2012/Q1 2011

Defense, Space & Security

22.7

22.8

+0.2%

Aeronautics, Energy & Industry*

17.3

17.4

+0.4%

Transportation

7.7

9.1

+18.9%

Products*

3.7

3.4

-7.3%

Eliminations & other

-0.2

-0.4

NA

Total CS

51.2

52.3

+2.3%

of which France

38.2

39.0

+2.3%

of which International

13.0

13.3

+2.3%

 1 Unaudited figures and 2011 figures restated from “electronic warfare” business, which was classified as a “discontinued operation.”


The Defense, Space & Security business unit recorded a 3.6% growth of its order intake (€ 7.4 million) compared to Q1 2011 and a stable revenue. The order book at end of March 2012 represented 22.5 months of sales.
    
The Aeronautics, Energy & Industry business unit confirms the positive sales momentum of H2 2011, with a 40.8% growth of its order intake (€ 14.5 million) versus Q1 2011.

In a still very active market, the Transportation business unit continues to grow.

The revenue of the Products business unit (Diginext) was down in Q1 2012, decrease which should be offset in the remaining part of the year.

In an economic environment which remains uncertain, the group maintains for 2012 its objectives of operating margin improvement and positive net income.
 

CS is a major actor in the design, integration and operation of mission critical systems. CS is listed on the Euronext Paris stock markets - Compartment C (Shares: Euroclear 7896 / ISIN FR 0007317813). For more information, please go to: www.c-s.fr
 
Press relations
Barbara GOARANT
Tel.: +33 (0)1 41 28 46 94
Investors contact
Marc KARAKO
Tel.: +33 (0)1 41 28 44 44