ESI Group

First Quarter 2018 Sales - Seite 2

First quarter 2018 sales

The first quarter ends on 30 April (unaudited figures)

In € million

Q1 2018

Q1

2017

      Δ %      

Δ %

(cer)¹

Licenses

      19.0       20.1       -5.0%       +0.3% Services       7.2       7.3       -0.8%       +3.4% Total       26.3       27.3       -3.9%       +1.1%  

¹ at constant exchange rates

NB: because of strong seasonal variations, ESI Group's Licenses business recognizes a large part of its annual revenue in the 4th quarter of the year.

Stability in sales at constant exchange rates

Sales for the first quarter of 2018 totaled €26.3 million, up 1.1% at constant exchange rates.

Currency effects had a significant -€1.4 million negative impact on the period due to the evolution of the Japanese yen and the US dollar. Licenses accounted for 72.5% of sales compared with 73.4% in the first quarter of 2017.

Strong momentum of New Business and solid installed base in Licenses

Licenses sales were stable with the previous year, at €19.0 million at constant exchange rates. Actual business growth was marked by the repositioning of contracts in Japan to client request.

Stable at constant exchange rates, the installed base presented a solid recurrence rate of 85.5% compared with 84% in the first quarter of 2017, both figures indicative of solid performance of recurring business.