(News Bulletin 247) – Egide rose 3% Thursday on the Paris Stock Exchange after reporting a 13% increase in its turnover for the first half, to 8.6 million euros.
The manufacturer of hermetic enclosures for sensitive electronic components points out that all of its market segments are growing, but that its growth comes mainly from the optronics markets (+49%).
In its press release, the group said it was encouraged by the good commercial momentum observed on all products in the first half, hoping to maintain a level of activity “almost identical” in the second half.
Moreover, the improvement in American activity constitutes, according to him, a positive element in the discussions in progress with possible buyers of the American subsidiaries.
Over the first six months of the year, the US subsidiaries put up for sale achieved a 26% increase in turnover, including a 24% increase in activity at constant exchange rates.
Egide explains the dynamism of its American subsidiary by the return of its factory to a ‘cruising speed’ after the difficulties of personnel, training, qualification and quality that it had previously encountered.
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