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Third-quarter 2017 : Sales in line with guidance

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Evolis - Press release about the 3rd quarter sales
 

Nine-month 2017 sales: €59.6m (+6.0%) & Third-quarter 2017 sales: €19.0m (+1.1%)

Sales in line with guidance

Evolis,  world  leader  in  plastic  card  customization solutions,  posted  sales  of  €19.0m  in  third-quarter  2017,  up  1.1%  year  on  year. Sales in the first nine months of 2017 totaled €59.6m, for an increase of 6.0%. Business activity in the third quarter was consistent with the financial release of end-September.

The Channels business line remained stable in the third quarter, raising sales to €40.7m for the first nine months of the year, an increase of 0.2%.

The Projects business line grew 2.5% in third-quarter 2017 to €4.1m. As previously announced,  Evolis  is  observing  a  time  lag  in  decision  making  on  major  projects, specifically in China and South America. Driven  by  the  momentum  of  the  first  half  of  the  year,  the  Projects  business  line  
achieved strong growth of 25.8% in the first nine months of the year.

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