Earnings release
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ses imagotag Press release € m SES - imagotag : Positive results in the first half of 2021 71 % growth in sales to € 203m ( vs. H1 2020 ) 87 % growth in order entries to € 309m ( vs. H1 2020 ) EBITDA growth at € 15m , i.e. 7 % of sales ( vs. - € 0.2m / 0 % in H1 2020 ) Positive net result at € 1m ( vs. - € 9.8m in H1 2020 ) Sales Variable Costs Margin % of Sales Operating Costs % of Sales EBITDA % of Sales Depreciation Current EBIT % of Sales Non - recurring items EBIT % of Sales Financial Income / ( Loss ) Tax Net Income % of Sales H1 2021 202.8 42.3 20.8 % ( 27.2 ) -13 % 15.0 7 % ( 11.3 ) 3.7 2 % ( 1.3 ) 2.4 1 % ( 0.9 ) ( 0.5 ) 1.0 1 % Tel : +33 ( 0 ) 1 34 34 61 61 - Fax : +33 ( 0 ) 1 55 69 78 00 www.ses-imagotag.com H1 2020 118.4 22.6 19.1 % ( 22.8 ) -19 % ( 0.2 ) 0 % ( 8.6 ) ( 8.8 ) -7 % ( 0.8 ) ( 9.6 ) -8 % ( 2.5 ) 2.3 September 6 , 2021 ( 9.8 ) -8 % [ ] % change + 71 % + 87 % +1.7 pt + 20 % -6 pts N / A +7 pts + 32 % N / A +9 pts + 65 % N / A +9 pts -65 % -121 % N / A +9 pts Thierry Gadou , Chairman and CEO of the SES - imagotag group commented : " Performance in the first half of the year was very satisfactory . This was the case from a commercial perspective , with strong growth in sales and order entries , as well as from operational and financial perspectives , with improvement in all indicators as compared to 2020 . With year - on - year sales growth of over 50 % both in Europe and the rest of the world , the Group confirms its leadership and the trajectory of its VUSION - 23 plan for international expansion , all the while demonstrating the effectiveness of its business model based on the growth of high value - added innovative solutions , scaling effects and unflagging gains in productivity . The latest wave of the pandemic is temporarily affecting production capacity in Asia , but our teams and industrial partners are working hard to obtain a rapid return to normal . At this stage , we are maintaining our target of close to € 400 million in sales for the current year . Beyond these short - term uncertainties , our sales momentum remains excellent , as do the prospects for further acceleration in 2022 , particularly in the United States . " SES - imagotag - 55 , place Nelson Mandela - CS 60106 92024 Nanterre - France A limited company with share capital of € 26,087,638 - Registration number in the Nanterre Trade and Companies Register : 479 345 464