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14 November 2011
Today, Technip entered into an agreement with Gilles MICHEL, his holding Askoad Conseil, Comex SA and Sercel Holding, for the acquisition of all (...)
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4 November 2011
You can download it by clicking on the link : Press release Cybernetix/Technip
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17 December 2010
CYBERNETIX announces the opening of a new subsidiary based in Rio de Janeiro (Botafogo) called CYBERNETIX Produtos e Servicos Ltda ("CYBERNETIX (...)
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Q2-2010 revenues
22/07/10
The consolidated revenue of Cybernetix group increased by 2.6% in Q2-2010 and by 38.3% in H1-2010, compared to the same periods of 2009. All Group activity sectors progressed in H1-2010.
The Energy Activity – Cybernetix SA– increased by 36.2% over H1, the slight drop in Q2 (-1.5%) came from a delayed production in Q1 2010.
The Industry Activity –CyXplus– continued its recovery from H1-2009, which was marked by a difficult economic environment.
Consolidated revenue – quarterly change (does not include inter-companies transactions)
The Industry Division was transferred to the newly created subsidiary CyXplus from January 1st 2009, without any impact on the consolidated perimeter..Consolidated revenue is not impacted by any currency change, nor by any scope evolution over the H1 period.
Consolidated revenue – half-year change (does not include inter-companies transactions)
Cybernetix S.A. – Energy Activity
For Q2-2010, Cybernetix S.A. posted € 8.26 million revenue. H1 revenue increased by +36.2%, at € 16.02 million, compared with the same period of 2009. This comes from:
Oil & Gas: revenue in H1-2010 amounted to € 11. 65 million, against €8.93 million for the same period of 2009, an increase of 30.4%. This growth is related to increased volumes of Nautilus products. Q2-2010 revenue fell by 11% compared with the same period of 2009. This decrease was due to lags in awards of several new projects.
As for Defence, this activity generated in H1-2010 a revenue of € 1.53 million, in accordance with the production schedule set by contracts in progress, a significant increase over H1- 2009.
Nuclear: revenue in H1-2010 amounted to € 2.85 million against € 2.52 million over the same period last year, an increase of 12.9%. The increase in H1-2010 is related to the implementation phases of industrial projects compared with study phases generating less revenue in H1 2009.
CyXplus – Industry Activity
The turnover of CyXplus is up 40.8% in Q2-2010 and 52% in H1, compared to the same periods of 2009. The activity continues to recover from the crisis of 2009 which had particularly affected key CyXplus customers in the automotive and pharmaceutical sectors. Despite this increase, the visibility in this sector is linked to overall industrial activity at the national and global levels. At the end of June 2010, the backlog is experiencing a slight slowdown compared to mid-2009.
Outlook
After a satisfactory H1, the Cybernetix Group’s management expects to show moderate growth for the 2010 fiscal year. Oil & Gas activity continues to grow as expected, while the Nuclear activity could be impacted by delays in awarded tenders. At the end of June 2010, the backlog for Group Cybernetix is equivalent to its level at end June 2009, which should result in an increase in annual revenue.
Coming next
Interim result : 6 September 2010
Midcap Event : 20 & 21 September 2010 (Palais Brongniart - Paris)
About Cybernétix Cybernetix is a leading provider of remotely operated or robotic systems for interventions in hostile environments. The group operates in two main markets : Energies − Oil & Gas, nuclear − for the mother company Cybernetix SA, and non destructive testing for Industries (via CyXplus subsidiary). Cybernetix counts 157 employees and has developed a world-class engineering and services expertise in project management, and integration of global solutions, operating in 15 countries.
