26% growth at the end of September
resulting from a strong 3rd quarter (+74%)

 

From 01/01/2016 to 30/09/2016 From 01/01/2015 to 30/09/2015 Variation M€ Variation in %
7,3 M€ 5,8 M€ 1,5M€ 26%
In M€, unaudited      

 

The consolidated turnover of LOGIC INSTRUMENT is growing by 26% since the beginning of the year, with a strong third quarter that was up 74%. In this 3rd quarter the group started to deliver the first ARCHOS tablets, designed in partnership with La Poste and its subsidiary Tikeasy. They benefit from simplified ergonomics to integrate homes of senior citizens into the digital world and the Internet.

 

Prospect

Since the end of 2015, LOGIC INSTRUMENT has evolved its organization and strengthened synergies with the R&D and sales teams of ARCHOS to design custom solutions that meet the new expectations of business customers.

The market for rugged products evolves towards more affordable equipment, while the market for services orientats on connected offers with high added value. LOGIC INSTRUMENT skills, combined with those of ARCHOS, position the group at the heart of these new trends.

 

In the field of rugged mobile hardware, LOGIC INSTRUMENT introduced several innovations: the Fieldbook K80 and K101, the smartphones Fieldbook F1 and F53 and the ARCHOS 50 Saphir, designed in collaboration with ARCHOS. Last one is the ideal smartphone for professionals working outdoors: hardened casing, Gorilla® Glass protected and scratch resistant screen, drop, dust and water proof (IP68), at an affordable price (169€ net).

 

In the segment of personalization services, the group's teams are mobilized on a second project in the remote assistance and remote monitoring.

The group is confident about the evolution of its turnover for the financial year 2016 and tends to return to profitability by end of the year.

 

Note to the reader: This English version is a free translation from the original press release in French and is available on the company’s corporate website (www.logic-instrument.com). In the event of inconsistencies between the original French language version and this English translation, the French version will take precedence.

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