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    SII  153  0 Kommentare Fiscal 2020-2021 third quarter revenue close to equilibrium (at constant rates) - Seite 2

    Gradual recovery in activity in France and continued international growth

    SII group revenue in France was €223.73m in the first nine months. After two first quarters of double-digit decline (-21,0% in Q1 and -13,2% in Q2), the third quarter confirms the gradual recovery in activity (-6.4% in Q3). Since the beginning of the health crisis, the SII group has been able to preserve its performance in the most resilient sectors such as telecommunications, energy and banking. While the aerospace sector has seen a moderate recovery, the defense sector - which has slowed in the first quarter - has since been growing steadily. Since the beginning of the health crisis, the sector diversification of the SII group has been a resilience asset.

    Internationally, growth in the first nine months stood at +6.0% at constant rates (+2.4% at current rates) compared to the same period of the previous fiscal year. Revenue reached €246.87m, of which €85.86m generated in the third quarter, an increase of 1.8% compared to the third quarter of the previous fiscal year (+5.7% at constant rates). The SII group is resilient thanks to its geographical diversification. While some countries are exposed to sectors (Germany, Spain, the Netherlands, Czech Republic) and continue to face difficulties, others are holding up well. Over the quarter, five countries achieved international performance with double-digit growth (at constant exchange rates): Poland (+19.0%), Chile (+31.6%), Colombia (+14.9%), the United Kingdom (+15.8%) and Morocco (+15.4%).

    Outlook

    The gradual recovery in activity in the second and third quarters is a positive signal for the end of fiscal year 2020-2021, subject to health developments and possible further lockdowns. The mobilization of all teams to continue and win new projects, in an unchanged environment, could allow the SII Group to return to organic growth at constant rates in the fourth quarter of the fiscal year.

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    Next financial announcement:

    Fiscal 2021-2021 annual revenue, Wednesday, May 12, 2021 after the closing market

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    Contacts:

    SII - Eric Matteucci - +33(0)142 848 222

    Media relations: CIC Market Solutions - Stéphanie Stahr - +33(0)153 488 057

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    About SII

    Serving as a true partner for technology matters, SII Group provides solutions with added value to projects at major companies. Relying on teams of expert engineers and methods applying the highest quality standards, SII’s business has a balanced focus on:

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    SII Fiscal 2020-2021 third quarter revenue close to equilibrium (at constant rates) - Seite 2 Paris, February 11, 2021 – 6 p.m. Fiscal 2020-2021 third quarter revenue close to equilibrium (at constant rates)Continued gradual recovery in activity in FranceInternational activity still growing in Q3: +1,8% (+5,7% at constant rates) 2020-2021 …