ESI Group

First Quarter Revenues 2023

Regulatory News:

ESI Group, Rungis, France, (ISIN Code: FR0004110310, Symbol: ESI), today releases its sales for the first quarter of 2023 (period from January 1^st to March 31^st).

Cristel de Rouvray, Chief Executive Officer of ESI Group, comments:
"Thanks to our dedicated team and steadfast commitment to customers, we are thrilled to report that our Q1 revenue has exceeded our guidance. Our focus on Annual Recurring Revenue, combined with the strategic actions we put in place since the inception of our plan, have resulted in significant growth on our top line. We remain committed to driving growth and delivering exceptional value to our customers, and we look forward to building on this momentum in the quarters ahead."

Revenues (€m)		Q1-2023		Q1-2022		Change		Change Constant exchange rate (cer)
Q1 - Licenses		56.8		52.1		+8.9%		+10.1%
ARR		62.0		55.9		+10.9%		+11.8%
PUL		1.7		3.1		-44.8%		-43.3%
Deferred revenue		-7.0		-6.9		+0.6%		+0.1%
Q1 – Services		4.1