Q1 2013 Revenue: € 42.1 million


After recording a FY 2012 revenue growth of 2.1% (versus 2011), the group recorded in Q1 2013 a slowdown in its revenue (-2.5% at constant perimeter compared to Q1 2012), due to an unfavorable economic environment and calendar effect.

During this quarter, the Group booked € 27.5 million in new orders, up 21.1% compared to Q1 2012. At end-March 2013, backlog represented 14.9 months of sales (15.2 months of sales as of March 31, 2012).


Le Plessis, le 13 mai 2011

 

Revenue (in € million)1

Q1 2012

Q1 2013

Variation
2013/2012

Defense, Space & Security

22.8

22.2

-2.7%

Aeronautics, Energy & Industry

17.4

15.5

-11.0%

Products

3.5

4.5

+28.3%

Eliminations & other

-0.5

-0.1

NA

Total CS

43.2

42.1

-2.5%

of which France

36.6

35.5

-2.9%

of which International

6.6

6.6

0%

1 Unaudited figures and restated from ITS Activity for 2012, which was divested at end-September2012


The Defense, Space & Security Activity recorded a 22% growth in order intake (€ 9.0 million) compared to Q1 2012 and a slightly down revenue. At end-March 2013, the backlog for this Activity amounted to 21.1 months of sales.
 
The Aeronautics, Energy, Industry Activity reported a decrease of 11%. CS Group intensifies its business development efforts to capture growth opportunities on booming IT markets (HPC & simulation, Big Data, CyberSecurity, Cloud,…)
 
Thanks to innovative solutions in the field of Tactical Data Links, Diginext reported significant increase in its order intake (€ 5.5 million) and its revenue.
 
As of March 31, 2013, the total number of employees was 1,686 versus 1,708 at end-December 2013.
 

 
Moreover, the CS Board meeting, held on April 30, 2013, decided, taking into account the status of the discussions between the group and its banking and financial partners, to postpone the approval of the 2012 financial statements.
 
Pending the finalization and the signing of a complete agreement, the group requested Euronext to suspend the trading of its equity.

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).
 
 
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