Sogeclair: Results for the 1st half 2019

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The activity for the 1 half was very dynamic, driven by a leap forward of the simulation division at +55.1% (with +19.7% at constant exchange rate and perimeter), the strong dynamic of the aerospace division at +15.1% (with +12.3% at constant exchange rate and perimeter) and the increase of 5.6% of the vehicle division.

The contribution by division is the following: 

     - The aerospace division benefits from a particularly dynamic activity on the H1.

SOGECLAIR reminds that the IFRS 16 standard relating to leases has been applied since the 1 half of 2018, the gearing is thus at 57.8%. It should be noted that over the period the purchase of the minority shares in the aerospace in Canada as well as those of the vehicle. Today, SOGECLAIR owns 100% of the vehicle and of North American subsidiaries of the aerospace division.

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Globe Newswire: 16:35 GMT Wednesday 11th September 2019

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