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Interview with CEO of Evolis, Emmanuel Picot - January 2012

 
An interview of Emmanuel Picot, President, Evolis
2011, a year of record sales!

 

We have managed to come unscathed through 2011, a year in which many people were unfortunately hit by the financial and economic crises, geopolitical upheavals and natural and environmental disasters. The sea was rough but we managed to stay on course and the results for 2011 are positive.

Evolis continued to grow in 2011 with record sales of €44.4m (up 4%, and up 8% at a constant exchange rate). Sales growth picked up in the fourth quarter, rising 15% to €12.1m, the best quarter in our history, including 23% growth in the EMEA region, as well as 18% and 7% growth in dollars in Asia and the Americas, respectively.

In 2011, our Networks managed to keep up sales (up 3%), including significant growth in Europe. The Projects business was more dynamic with 11% growth, buoyed by the banking sector in the Middle East and major government contracts in Asia (Bangladesh and Cambodia).

 

 

Outlook

 

Visibility on 2012 is low due to the current economic and political environment. We nevertheless plan to maintain our innovation-based investment strategy in order to keep offering the best value for money for all our printer ranges.

The introduction of Zenius in September 2011 was the most ambitious launch in the company's history. The marketing plan includes replacement of the printer range and consumables, and the introduction of new solutions, new services and new software, always according to the same philosophy: top value for money.

In addition to this new product offer, our distribution networks can be expected to benefit from the product and commercial synergies offered by Sogedex' integration in the group, creating a new growth path for Evolis from 2012 onwards.

Profits can also be expected to benefit from the developments launched in 2011, which should help optimise the cost profile and allow the group to preserve its profit margins.

Interview (in French)

Emmanuel Picot explains Evolis semestrial results
Interview made by the journalist Didier Testot on the webTV "labourseetlavie.com "