Sogeclair

TURNOVER 2023: €148M (+9.7%; +10.6%*)

Blagnac, France, January 31^st 2024-5.35 pm
Montreal, Canada

TURNOVER 2023: €148M (+9.7%; +10.6%*)
TURNOVER 4^TH QUARTER 2023: €40.2M (+13.8%)

SOGECLAIR, supplier of innovative solutions with high added value for a safer and less-consuming mobility announces today its turnover ended 31 December 2023.

* The change variations over the period represent €-1.2M against € -3.7M in 2022.

Turnover for 2023 is up by 9.7%. This is the eleventh consecutive quarter of increased turnover (+13.8% in Q4). Commercial aviation (36.7% of turnover) confirmed its rebound at +20.4%, while rail (8.5% of turnover) grew by 11.1%. Defense (4.8% of turnover) grew strongly by 35.9%, business aviation (38.3% of turnover) continued to grow by 5.2% and automotive (8% of turnover) was down slightly by 2.2%.

By geographical area (€M)	Turnover 2023	Impact on 2023 turnover (as %)	Evolution (as %)
France	66.7	45.1%	-3.0%
Europe	33.8	22.8%	+27.1%
America	37.6	25.4%	+23.2%
Asia-Pacific	7.8	5.3%	-7.6%
Rest of the world	2.2	1.5%	+213.7%

Differences are due to rounding.

Business growth is driven by Europe, and North America is a major growth driver in the One Sogeclair 2030 plan.

By Business Unit	Turnover (€M) 2023	Turnover (€M) 2022	Variation (as %)
Engineering At constants exchange rate and perimeter	74.2 74.4	71.8 71.8	+3.2% +3.5%
Solutions At constants exchange rate and perimeter	72.9 73.9	62.1 62.1	+17.5% +19.1%
Conseil	0.9	1.0	NS
Total	148.0	134.9	+9.7%
International	81.3	66.2	+22.9%

Differences are due to rounding.