Revenues as of September 30, 2013: € 118.6 million (-4.9%)



In an economic context strongly affected by budget restriction in public administration, CS Group revenues at end-September 2013 amounted to €118.6 million, down 4.9% compared to first 9 months of the previous year. The decrease in activity recorded in Q3 2013 (-11.5% versus Q3 2012) should be contained in Q4 2013 allowing the Group to limit the Fiscal Year decrease in revenue to about 5%.

At end-September 2013, order intakes reached €99.0 million, up 12.5% compared to those registered at end- September 2012. Backlog at end-September 2013 remains at a high level and represents 14.6 months of sales (13.6 months of sales as of September 30th 2012).

Revenues 1&2 (in € million)

 

Revenues 1&2 (in € million)

Q3 2012

Q3 2013

Q3 13 /
Q3 12

9 months

2012

9 months

2013

09/30/13/
09/30/12

Defense, Space & Security

20.2

17.6

-12.9%

63.6

61.7

-2.9%

Aeronautics, Energy & Industry

15.4

14.1

-8.4%

50.5

46.2

-8.6%

Products

3.5

3.0

-15.4%

11.3

11.4

+1.0%

Eliminations & other

-0.3

-0.3

NA

-0.7

-0.8

NA

Total CS

38.9

34.4

-11.5%

124.7

118.6

-4.9%

of which France

32.1

28.4

-11.5%

104 .5

99.4

4.8%

of which International

6.8

6.0

-11.8%

20.2

19.2

-8.9%

1 Unaudited figures
2
* 2012 figures restated for the changes in the scope of Security business distributed among the Defense, Space & Security and Aerospace, Energy & Industries Activities.

 


Defense, Space & Security  
During Q3 2013, Revenue in Defense Activity was affected by the timing of Air Defense infrastructures deployment. In Space sector, Activity remains favorably oriented, especially in Germany and Italy, where the Group is increasing its market share in the European Space Agency. At end-September 2013, order intakes of this Activity amounted to €42.1 M€ versus €35 million at end-September 2013.

Aeronautics, Energy & Industry
During the first nine months of the year, CS Group has intensified commercial development to consolidate its positions with Key customers (Airbus, Eurocopter, Pratt & Whitney in Aeronautics; CEA, EDF and IRSN in Energy sector). In addition, to balance budget cuts of some of its customers, CS is currently conducting a diversification plan to address new industrial clients.

Products
Diginext recorded during this quarter a new rebound in its order intakes (€4.8 million versus €3.8 million Q3 2012). Revenue grows slightly over the first 9 months.
 

As of September 30, 2013, the total number of employees was 1,670 versus 1,672 at the end of June 2013 and 1,708 at year-end 2012.
To restore growth in 2014, CS leads a development strategy to expand its traditional positions and its customer portfolio thanks to its expertise and proven solutions, particulary in the areas of cybersecurity, engineering, data management, industrial information system and high-performance simulation.

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
 
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Barbara GOARANT
+33 (0)1 41 28 46 94
Investors contact
Manuel MICHEL
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