Evolis, world leader in plastic card personalization and printing solutions, achieved consolidated sales totalling M€ 76.9 during its 2016 financial year.
Evolis, world leader in plastic card personalization and printing solutions, achieved consolidated sales totalling M€ 76.9 during its 2016 financial year. True to the forecasts disclosed in October 2016, this figure - stable vs. 2015 - still signifies good performance and shows that Evolis has succeeded in offsetting the Tanzania effect on both the channels and projects businesses. Excluding the Tanzania effect, group business has grown 7%.
A particularly lively 4th quarter
The vibrant sales activity achieved across the 4th quarter has bolstered Evolis’ position on all its markets. Throughout this quarter, Evolis achieved sales totaling M€ 20.7, an increase of 12.5% in comparison to 2015. This performance was achieved thanks notably to significant growth in the IT Office channels business (+18.9%), which was particularly lively in the Americas area (+43.4%). The Projects business achieved 28.4% growth, driven both by the Asia Pacific area thanks to the signing and partial delivery of two government projects in China (+33.9%) and the India area, which excelled with 67.6% growth.
Evolis stays on a positive trend in 2016
Business on the whole was on the uptrend this year and both the channels and projects businesses compensated for the Tanzania effect (the government contract that had contributed to M€ 4.8 turnover in 2015). The IT Office channels business performed well across all areas with very significant growth in the Americas (+36.9%). IT Office business volumes show overall growth of 25% over the year.
Evolis’ ID channels business is doing well and has developed with the highest growth in the Asia Pacific area (+14.9%), more specifically in India (+50.7%). Globally, ID channels sales recorded 8.2% growth on a comparable basis.
Projects across the year show a 22% downturn vs. last year (due to the Tanzania contract’s base effects). It should, however, be noted that the Projects business is still driven by the deployment of the banking sector and decentralized customization at agency level in the United States.
Throughout 2016, international sales accounted for 90% of turnover, while sales in France amounted to 10%.