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Parrot 2021 FIRST - QUARTER BUSINESS PRESS RELEASE Paris , May 20 , 2021 , 7am CET For the first quarter of 2021 , the Parrot Group is reporting consolidated revenues of € 12.4m . The American subsidiary specialized in precision farming sensors ( Micasense ) , sold on January 27 , 2021 , is no longer consolidated from the first quarter of 2021 and its revenues have been eliminated from 2020 to obtain a comparable basis . The realignment around commercial drones is delivering a range of benefits : at constant exchange rates , Group revenues ( comparable basis ) are up 6.5 % ( stable at current exchange rates ) compared with the first quarter of 2020 . Over the period , the Group's commercial development was marked by : • • • The 50.5 % increase in revenues for micro - drones ( + 56.9 % at current exchange rates ) to € 4.8m , driven by strong sales growth for commercial micro - drones from the ANAFI range and the ANAFI USA in particular . The robust commercial development with professional clients and governments offset , to a great extent , the voluntary scaling down of consumer product sales . The first quarter's performance does not take into account a first order received under the framework agreement signed with the French Defense Procurement Agency ( DGA ) for 150 systems that will be delivered at the start of the second half of the year . The € 5.6m of revenues generated by the data analysis software . The 8.8 % contraction ( -2.1 % at constant exchange rates ) reflects a lower level of use of its software products , held back by the weather conditions seen this winter which restricted drone flights , followed by a very good recovery in March and April . The Group's activity also reflects the ramping up of the business solutions launched at the end of 2019 and continued growth in user numbers , buoyed by a stronger sales structure , progressing from two to four dedicated sales teams serving four regions ( North America , Southern Europe and Latin America , Asia - Pacific and China , Northern Europe ) . The full renewal of the fixed - wing commercial drone range , with three new eBee models targeting different needs and markets , which were presented in February 2021 and made a very limited contribution over the period . With a limited impact for the health crisis during the first quarter of 2020 , compounding the basis for comparison , and the pace of client investments held back by this winter's weather conditions , revenues are down 36.0 % to € 2.2m . During this first quarter of ramping up production , senseFly focused on the commercial deployment and marketing of its new range , particularly with new distributors specialized in the defense and security sector , and recorded the first sales of a model intended specifically for this market . PARROT GROUP REVENUES Єm and % of revenues Micro - drones ( Parrot Drones ) Of which , consumer products ( 1 ) Data analysis software ( Pix4D ) Fixed - wing drones ( senseFly ) Parrot SA Q1 2020 Q1 2021 Change FY 2020 3.2 23 % 4.8 39 % + 50.5 % 18.7 33 % 2.0 14 % 1.1 8 % -46.8 % 7.3 13 % 6.1 44 % 5.6 45 % -8.8 % 23.3 41 % 3.5 25 % 2.2 18 % -36.0 % 10.8 19 % 0 0 % 0.1 1 % ns 0.3 ns Intragroup eliminations -0.3 - -0.2 ns -1.1 ns PARROT GROUP TOTAL - REPORTED BASIS MicaSense ( 2 ) PARROT GROUP TOTAL - COMPARABLE BASIS ( 3 ) COMMERCIAL DRONES TOTAL ( 4 ) 13.8 100 % 12.4 1.4 10 % 0.0 12.4 90 % 12.4 10.4 76 % 11.4 100 % -9.8 % 52.0 0 % 100 % 92 % -100.0 % 5.3 9 % 57.3 100 % + 0.4 % + 9.4 % 44.7 78 % ( 1 ) Consumer products : consumer drones ( all ranges ) , legacy automotive products ( car kit , plug & play ) and connected devices . ( 2 ) Following the sale of Micasense on January 27 , 2021 , revenues are no longer consolidated since the first quarter of 2021 . ( 3 ) The comparable Parrot Group total excludes MicaSense revenues for 2020 . ( 4 ) Commercial Drones Total is an alternative performance indicator to measure the impact of strategic decisions ; for the periods presented , it is determined by deducting the consumer activities ( all ranges and products ) from revenues ( see ( 1 ) ) . Outlook for 2021 The strategy applied by the Group since 2018 , based on a technological value creation roadmap for commercial markets , is delivering a range of benefits . As expected , the scope effects linked to the change in the product portfolio are expected to continue to become less marked in 2021. The Group , which has secured the vast majority of its purchases in 2021 , is maintaining its vigilance concerning tensions on the components market and developments with the health context . Parrot is continuing to capitalize on its capacity for innovation , its product quality and its constant focus on managing its operations and allocating its resources effectively . In line with the 2021 business development plan , including the product launches , PARROT | Press release | Q1 2021 revenues 1/2