ESI’s FY13 revenue up 16%, minor contribution from OpenCFD

ESI’s FY13 revenue up 16%, minor contribution from OpenCFD

ESI Group reported yesterday that revenue for the 2013 fiscal year (ended January 31) was €109 million, up 16% from last year. This includes a contribution of €343,000 from OpenCFD, acquired in September. Excluding acquisitions, organic revenue growth for the year was...
ESI Q3: full steam ahead

ESI Q3: full steam ahead

ESI Group yesterday reported third quarter revenue of nearly €22 million, an increase of 25% as reported and up 20% in constant currencies. CEO Alain de Rouvray said that growth was “balanced between the various sectors and geographical zones, with a high rate...
Exa & ESI: Positive signs in CAE

Exa & ESI: Positive signs in CAE

CFD has been hopping lately, with Exa announcing results from its first quarter as a public company, while ESI acquired OpenCFD from SGI and announced its own results for the most recent quarter. Here’s a quick overview of the recent activity: Exa‘s July...
Q1 recap/Q2 preview: What we’ll be looking for

Q1 recap/Q2 preview: What we’ll be looking for

As we prepare ourselves for the onslaught of Q2 earnings reports, it’s helpful to look back at Q1 to see patterns that (perhaps) foreshadow future results and identify areas that were causes for concern last quarter. To help with this analysis, we’ve...

ESI reports FQ1 revenue up 22%

ESI Group, the French CAE company, today announces that results for its first fiscal quarter (ended April 30, 2012) were “buoyant”, with revenue up 22% from last year to €21 million. CEO Alain de Rouvray said that this growth shows continued momentum in the adoption...

Quickies: DDD, Cybernet, ESI, Trimble, oh my

What a day for news! I’ve already blogged about PTC’s March quarter, tweeted a bit about Dassault Systèmes’ interesting announcements (and hope to blog about that tomorrow), but here are a couple of other important things you need to know about: 3D Systems announced...

ESI: 2011 shows strong growth in base

ESI Group, with a fiscal year ending January 31, 2012, reported total revenue of €94 million, an increase of 12% over last year as its large automotive and aerospace clients ramped up spending. CEO Alain de Rouvray said, “Faced with substantial competitive pressure...

ESI reports Q3 revenue up 10%

ESI Group reported today that third quarter 2011 revenue was €17.6 million, up 10% both as reported and in constant currencies on strong demand for its services offerings.  ESI CEO Alain de Rouvray said that the third quarter results “show the offensive and defensive...

ESI announces Efield acquisition

Last month, ESI Group said that it had opened a 7-year, €30 million credit facility to help fund its acquisition strategy — and today we learn of the second* deal under the new financing arrangement: the acquisition of Efield, a Swedish supplier of...

ESI: CAE Virtual Reality

ESI Group reported today that revenue for the second quarter was up 11% to €19 million, on license revenue growth of 12%. CEO Alain de Rouvray said, “The second quarter saw an acceleration in the growth of our activity, particularly in Europe. Over the first half, the...