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BALYO BALYO announces Q1 2021 revenue growth of 15 % to € 4.3 million and a 48 % increase in order intake • • Very good order intake momentum in Q1 2021 : + 48 % to € 4.3 million vs. Q1 2020 Backlog¹ at € 8.7 million as of March 31 , 2021 Ivry - sur - Seine , France , April 22 , 2021 , 5.45 pm CEST - BALYO ( FR0013258399 , Ticker : BALYO , eligible for PEA - PME savings schemes ) , a technological leader in the design and development of innovative robotic solutions for material handling trucks , today announces its revenues for the first quarter of 2021 . Pascal Rialland , CEO of BALYO , said : « We posted a 15 % increase in our quarterly revenues as well as significant growth in our order intake , particularly in Europe . It should continue in the coming quarters , benefiting from the ramp - up of our direct sales capacities as well as the launch of our second - generation robots » . In thousands of euros Q1 2020 Q1 2021 Change EMEA region 3,053 3,815 + 25 % Americas region 461 475 + 3 % APAC region 228 26 -89 % Reported sales revenue * 3,742 4,316 + 15 % * Unaudited data Q1 2021 revenue in line with the company's expectations BALYO recorded revenues of € 4.3 million in the first quarter of 2021 , representing a 15 % increase compared to the first quarter of 2020. Despite the restrictions related to the pandemic , quarterly revenues in Europe and the United States increased by + 25 % and + 3 % respectively , while revenues in Asia decreased by -89 % . Strong order book As in the second half of 2020 , recent technological developments ( initiated tools simplification for installing and using robots and launch of a new generation of robots ) have continued to 1 The backlog refers to all orders for projects received but not yet fulfilled . The backlog evolves every quarter following the taking into account of new orders , the revenue generated by projects during the period and the cancellation of orders . 1/2