Earnings release
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Serge Ferrari group ■ Press release SergeFerrari Group announces Q3 2021 revenues Another quarter of strong growth 2021 annual revenues forecast of close to € 280 million Creation of investment company One Team Investments by family shareholders and members of the SergeFerrari Group Executive Committee Saint - Jean - de - Soudain , October 26 , 2021 , 5:45 pm CEST - SergeFerrari Group ( FR0011950682 - SEFER ) is a leading global supplier of innovative composite membranes under the Serge Ferrari and Verseidag brands and is listed on Euronext Paris - Compartment C. The Group today announces its revenues for Q3 2021 and for September 30 , 2021 , as well as the creation of an investment company , One Team Investments , by the family shareholders and members of the Executive Committee . Revenue breakdown by region ( unaudited ) ( € ' 000 ) Q3 2021 Q3 2020 Ch . at current Scope and exchange Ch . at constant scope and exchange 9 months 2021 9 months 2020 Ch . at current scope and exchange Ch . at constant scope and exchange rates rates rates rates Northern Europe 27,083 20,965 + 29.2 % + 13.9 % 83,014 51,300 + 61.8 % + 25.5 % Southern Europe - Americas 29,983 22,440 + 33.6 % + 28.0 % 98,425 62,946 + 56.4 % + 40.8 % Asia Africa - ME - Pacific Total revenues 13,126 10,540 + 24.5 % + 15.7 % 33,462 19,387 + 72.6 % + 31.0 % 70,192 53,945 + 30.1 % + 20.1 % 214,901 133,633 + 60.8 % + 33.5 % Sébastien Ferrari , SergeFerrari Group Chairman and CEO , made the following comments : " This quarter confirms the positive momentum of our business . Within an environment in which demand is strong but supply is limited by pressures on the supply chain and the strain on our production capacity , our teams have had to demonstrate the agility required to find the best solutions for our customers and enable us to meet the high market demand . On the strength of this performance , we are revising our revenue forecast for the current financial year upwards to € 280 million . The members of the Executive Committee , in association with Ferrari Participations within One Team Investments , will purchase SergeFerrari Group shares , thereby demonstrating their commitment to the family shareholders in driving the Group's strategic plan . " 1/4