Sogeclair

Consolidated turnover for the 1st half 2020 - Seite 2

(as %)     France 31.6 45.9%  -18.4%   Europe 19.6 28.4% -25.4%   America  14.5  21.0% -31.5%   Asia-Pacific 2.6 3.8% -37.2%   Rest of the world 0.6 0.9% +89.2%  

All the geographic areas were affected by the effects of the pandemic over the semester, in the second quarter the decreases were 34.0% in France (50.4% of turnover) and 51.3% abroad (49.6% of turnover).

By activity	2020  Turnover (€ million)	Impact on Turnover (as %)	Evolution (as %)
Development (services)	13.0	18.8%	-29.3%
Serie (services)	22.8	33.2%	-35.6%
Products	33.1	48.0%	-10.2%

Despite the base effect of over-storage in 2019 linked to Brexit and the production reductions in the aeronautic sector, products fell only by 10.2% during the semester and by 27.4% during the 2^nd quarter. They represent 48.0% of activity over the semester.

Perspectives
The commercial aviation sector, despite its very sharp slowdown, remains favorable in the medium term (between 3 and 5 years), those for business and space aviation are expected to return at the end of 2020 close to their pre-crisis levels. The defense sector offers positive perspectives from the end of 2020.
The treasury is secured to face the restructuring costs that have already been launched and the investments for the future.

Next announcement: results for the 1^st half 2020, on September 09^th 2020 after closing of the Stock Market

About SOGECLAIR
Designer and manufacturer of innovative high added-value solutions, SOGECLAIR brings its skills in high-quality engineering and production to a broad range of cutting-edge sectors, notably aeronautics, space, vehicle, rail and defense. Supporting its customers and partners from the design and simulation stages through to the end of the product’s lifetime, all along the production chain through to entry into service, the collaborators are working worldwide to offer a high-quality, proximity service to all its customers.
SOGECLAIR is listed on Euronext Paris – Compartment C – Indice Euronext Family Business -Code ISIN : FR0000065864 – PEA PME 150 / (Reuters SCLR.PA – Bloomberg SOG.FP)
Contacts: Philippe ROBARDEY, President & CEO of SOGECLAIR / Marc DAROLLES, Executive Vice President of SOGECLAIR / www.sogeclair.com / [phone]

Attachment

• PR-Turnover H1 2020-EN