Consolidated results of ESI for 200 show strong growthParis 15 May 2001 The ESI Group reported that total consolidated revenue for fiscal year 2000, ending January 31st 2001, increased by +28% reaching euro 40.8 million with respect to previous year. Licensing revenue increased by +35% reaching euro 29.7 million. Licensing revenue now represents 73% of total revenue compared with 69% for 1999. T
Compared to the previous year, operational profitability increased sharply (+93%) from euro 2.2 million to Euro 4.3 million and the net result before goodwill increased by +106%, from euro 1.8 million to Euro 3.6 million. As a direct result of the breakeven effects, ESI Group's operational profitability increased from 7% to 10.5% and the net profitability before goodwill went up from 5.5% to 8.9%. n the past year, ESI integrated the companies STRACO (May 2001) and VIKING (April 2001).
ESI Group's distribution network developed with the creation of a Spanish subsidiary (February 2001) in charge of the Iberian Peninsula; and the integration of the company Mecas (May 2001), a Czech company to develop the Eastern European market.
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