Change in revenue
| (In € millions) | Revenue | ||
|---|---|---|---|
| 2018 | 2017 | Change | |
| Robotics | 59.2 | 64.4 | -8.1% |
| Aerospace | 32.6 | 36.9 | -11.5% |
| Simulation | 10.0 | 9.7 | +3.1% |
| Structure & disposals | (0.0) | (0.1) | nm |
| Adjustments1 | 0.3 | 2.7 | nm |
| Consolidated | 102.1 | 113.5 | -10.1% |
1 The segment information is adjusted for the contribution of activities whose closure or disposal was decided in 2017 (deconsolidation of ECA SINDEL from the Robotics division at January 1, 2018 and disposal of SSI's business in August 2018 in the Simulation division).
EBITDA2
| (In € millions) | EBITDA | ||
|---|---|---|---|
| 2018 | 2017 | Change | |
| Robotics | 11.4 | 10.6 | +7.3% |
| Aerospace | 0.9 | 2.5 | -65.1% |
| Simulation | 2.3 | 2.6 | -13.5% |
| Structure & disposals | 0.2 | 0.3 | nm |
| Adjustments1 | (0.2) | (1.8) | nm |
| Consolidated | 14.5 | 14.2 | +2.0% |
2 Operating income before depreciation, amortization and provisions
Condensed income statement
| (In € millions) | 2018 | 2017 | Change |
| Revenue | 102.1 | 113.5 | -10.1% |
|
EBITDA² % revenue |
14.5 14.2% |
14.2 12.5% |
+2.0% +168bp |
| Profit (loss) from continuing operations | 7.1 | 4.1 | +71.5% |
|
Operating income Operating margin |
7.1 7.0% |
(1.2) -1.1% |
ns +807bp |
|
Financial result Tax |
0.7 (1.9) |
(0.5) (1.4) |
ns ns |
| Net income | 5.9 | (3.0) | ns |
Key financial data
| (In € millions) | 2018 | 2017 |
| Equity1 | 77.8 | 71.7 |
|
Available cash and cash equivalent (a) |
6.1 |
10.6 |
| Borrowings (b) | (19.8) | (25.1) |
|
Treasury shares (c) |
0.8 | 1.5 |
|
Net cash including treasury shares (a)+(b)+(c) |
(12.9) |
(13.0) |
1 Including non-controlling interests
Shareholder's Structure at 31/12/2018
| Number of Shares | % | Number of votes | % | |
|---|---|---|---|---|
| Groupe Gorgé | 5 414 312 | 61.12% | 10 828 624 | 75.65% |
| Treasury Shares | 78 360 | 0.88% | - | - |
| Free Float | 3 365 241 | 37.99% | 3 480 549 | 24.32% |
| o/w Employees (FCPE) | 20 733 | 0.23% | 41 466 | 0.29% |
| TOTAL | 8 857 913 | 100% | 14 309 173 | 100% |