Revenues as of September 30, 2012: €124.7 million (+2.9%)


In Q3 2012, CS Group revenues reached €38.9 million, a 8.0% growth compared to Q3 2011. After 9 months, cumulated revenues amounted €124.7 million, up 2.9% versus September 30, 2011. Given outlook for Q4 2012, the level of expected growth for 2012 full year should be about 1 to 2%.


At end-September 2012, order intakes reached €88.0 million, a level similar to that registered in September 30, 2011. Backlog at end-September 2012 remains at a high level and represented 13.6 months of sales (14.3 months of sales as of September 30th 2011).

Chiffre d’affaires en M€1&2

 

Revenues1&2 (in € million)

Q3 2011

Q3 2012

Q3 12 /
Q3 11

9 months
2011

9 months
2012

09/30/12/
09/30/11

Defense, Space & Security

18.7

21.0

+12.2%

63.4

65.8

+3.8%

Aeronautics, Energy & Industry

15.0

14.6

-2.2%

49.0

48.3

-1.4%

Products

2.6

3.5

+35.1%

10.2

11.2

+9.8%

Eliminations & other

-0.3

-0.2

NA

-1.3

-0.6

NA

Total CS

36.0

38,9

+8.0%

121.3

124.7

+2.9%

of which France

30.3

32.1

+5.9%

103.0

104.5

+1.5%

of which International

5.7

6.8

+19.3%

18.3

20.2

+10.4%

1Unaudited figures
2 In accordance with IFRS 5, 2011 & 2012 revenues are restated of Intelligent Transportation System Activity, which was divested to Sanef Group (October, 3 2012 Press Release)


Defense, Space & Security 
During Q3 2012, this activity recorded a sustained growth of its revenues (12.2% versus Q3 2011), especially thanks to the deployment of Air Defense programs and the rise of space activities in Germany and Italy.

Aeronautics, Energy & Industry
The sales momentum of this Activity remained favorable (47% growth in order intake versus Q3 2011), driven by the aeronautics activities in Canada and Romania.

Products
As expected, Diginext recorded during this quarter a sharp rebound in its order intakes and a strong growth of its revenues.
 
As of September 30, 2012, the total number of employees was 1,699 versus 1,749 at the end of June 2012 and 1,785 at year-end 2011 (excluding ITS Activity).
For 2012, CS maintains its objective of operating margin improvement (versus 2011) 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
barbara.goarant@c-s.fr
Tél. : +33 (0)1 41 28 46 94
Investors Contact
Manuel Michel
manuel.michel@c-s.fr
Tél. : +33 (0)1 41 28 44 44