ECA Group: Organic revenue growth of +22.7 % in third quarter 2019
Thursday, October 24 2019
In the first nine months of 2019, ECA Group's consolidated revenue was €79.6 million, a sharp increase of 14.8 % and 18.2 % at constant scope, excluding the contribution of SSI and EN Moteurs sold in 2018. Revenue was up 19.1 % in third quarter 2019, and nearly 23 % at constant scope, totaling €22.5 million, versus €18.9 million in third quarter 2018. This acceleration was underpinned by the excellent performance of the Robotics and Aerospace divisions, which continued to benefit from the strong business momentum recorded in the first half.