France’s Groupe Gorge 2014 revenue grows 4% y/y

February 27 (SeeNews) – French robotics and automated systems maker Groupe Gorge (EPA:GOE) reported on Friday a 4.1% yearly rise in revenue for 2014 to EUR 223.2 million (USD 250.5m), marking growths in all business lines.

Revenue for the last quarter went up by an annual 7.1% to EUR 70.6 million. Sales of the smart safety systems division rose sharply by 13.7% on the year in October to December, totalling EUR 34.3 million. The industrial projects & services business boosted revenue by 4.2% to EUR 24.4 million and the 3D printing division registered a remarkable success generating revenue of EUR 2.5 million, the group said.

The order backlog of the smart safety systems unit totalled EUR 94 million at the end of the past year, while the backlog of the industrial projects & services division stood at EUR 56 million. Groupe Gorge said it would continue to focus on the 3D division as a driver of group development this year.

Groupe Gorge will publish the 2014 financial statements on April 2.

(EUR 1 = USD 1.122)

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